Russia’s July oil and gas revenues may rise 60% year-on-year due to higher global prices, despite sustained EU sanctions targeting its energy exports.
The US removes sanctions on Miami-based Bel-Kap-Steel amid Belarus's release of political prisoners, signaling shifts in economic diplomacy and regional market dynamics.
Ukraine's strikes on Wildberries warehouses in Russia and Crimea disrupt logistics, exposing vulnerabilities in supply chains and signaling broader economic risks amid the regional conflict.
Ukraine urges a UN Security Council meeting as Russian attacks on Black Sea trade vessels threaten global food security and disrupt critical maritime routes.
Russia’s oil product production fell nearly 22% in June amid intensified attacks on its refining infrastructure, triggering fuel shortages and price volatility with global economic implications.
Iran’s IRGC mined an oil tanker near the Strait of Hormuz, escalating maritime tensions and threatening global oil supply chains in a critical transit corridor.
Russia revises fuel dampener and import compensation mechanisms to stabilize domestic fuel prices amid refinery disruptions and global market challenges.
The US has conducted 11 consecutive nights of strikes against Iranian military targets, escalating tensions in the Gulf and threatening key global energy routes.
The US has initiated a $100 million humanitarian aid effort to Cuba amid increased sanctions targeting Cuban state enterprises and ongoing military deliberations.
The US military continues its offensive against Iran, targeting strategic sites in the Strait of Hormuz amid escalating regional tensions with significant global economic implications.
The US imposes 50% tariffs on key Canadian imports, escalating trade tensions and challenging the USMCA agreement with broad economic and policy consequences.
The IMF approved a €604 million disbursement to Ukraine, recognizing its progress under the EFF program amid war, despite delays in structural reforms and revised growth forecasts.