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China rejects US request to halt oil imports from Iran and Russia

Drones have attacked oil depot in Adler, causing massive fire

Drones have attacked oil depot in Adler

Fire reported in the area of oil refinery in Kstovo, Nizhniy Novgorod

Blackout reported in Kherson

Today ~745,000 m³ of gas from Azerbaijan will be pumped into the pipeline until Aleppo and the flow will steadily increase to reach the target of 3.4 million m³ in 24 hours within about one week. Depending on the areas, the number of electricity hours will range from 8 to 10

Indian officials say India will keep buying Russian oil despite Trump’s threats. Source: NYT

General Staff of Armed Forces of Ukraine claims overnight attacks at oil refineries in Ryazan and Novokuybyshevsk, Annanefteprodukt oil depot, and Elektropribor military plant in Penza

Drones have attacked oil refinery in Novokuubyshevsk of Samara region

Drones have attacked oil refinery in Ryazan

The United States announces sanctions against the Palestinian Authority.

President Zelensky has signed a law restoring full independency of anti-corruption bodies

Lithuania Prime Minister Gintautas Paluckas stepped down following investigations into his business dealings that prompted protests in the Baltic country’s capital calling for his resignation

New Zealand reverses ban on offshore oil and gas exploration - AFP

Reuters citing Trump: Canada's declaration of support for a Palestinian state makes it difficult for us to conclude a trade agreement with it.

“I don’t care what India does with Russia. They can take their dead economies down together for all I care,” declares U.S. President Donald Trump

Today, in its largest Iran-related action since 2018, Treasury is sanctioning more than 115 individuals, entities, and vessels that make up a vast shipping empire controlled by Mohammad Hossein Shamkhani, son of a top political advisor to the Supreme Leader.

Trump: Things are going well with China

Trump: We will make a very clear deal with China

White House: Trump signed an executive order implementing an additional 40% tariff on Brazil, bringing the total tariff amount to 50%

Yemeni Central Bank Governor: We have completed the transfer of the entire banking system to the capital, Aden.

Today, Treasury’s Office of Foreign Assets Control is sanctioning Brazilian Supreme Federal Court Justice Alexandre de Moraes, who has used his position to authorize arbitrary pre-trial detentions and suppress freedom of expression

Real GDP increased at a 3.0% annual rate in Q2, beating expectations of 2.6%. The increase was driven by rising consumer spending and net exports. President Trump continues to right-size federal spending, which fell notably in 1H

Trump: The Federal Reserve must cut interest rates immediately.

Trump: Remember, while India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any Country. Also, they have always bought a vast majority of their military equipment from Russia, and are Russia’s largest buyer of ENERGY, along with China, at a time when everyone wants Russia to STOP THE KILLING IN UKRAINE — ALL THINGS NOT GOOD! INDIA WILL THEREFORE BE PAYING A TARIFF OF 25%, PLUS A PENALTY FOR THE ABOVE, STARTING ON AUGUST FIRST.

Trump: Tariffs will be implemented on Friday, and we will not delay it.

Brazilian President to New York Times: We are aware of the economic and military power of the United States, and this worries us, but it does not frighten us.

Russia has banned the sale of nine models of Chinese-made trucks from the brands Dongfeng, Foton, Faw and Sitrak. This was reported by Rosstandart.

Turkey will start providing Syria with natural gas as of August 2, as Azerbaijan would also be involved in the export running through Kilis

Trump gives Russia 10 days from today