Events

New explosions were reported in Perm

President Zelenskyy imposed 10-year sanctions against Lukashenka's sons, Viktor and Dmitry. The sanctions list includes 16 Belarusian citizens and 11 legal entities.

Powell: "My concern is about the series of legal attacks on the Fed, which threaten our ability to conduct monetary policy without considering political factors. These legal actions by the administration are unprecedented and there are ongoing threats of additional ones. I worry these attacks are battering the institution."

U.S. pledges $100m to repair Chernobyl’s ‘cracked’ shield after drone strike damage State Department warns of ‘specter of radioactive leak’ in Europe as it calls on G7 allies to help fund $500m emergency restoration of nuclear containment arch

Thick smoke and rain with oil particles in Perm after drones raid

Drones have attacked fuel infrastructure in Perm Krai of Russia

Drones have attacked Orsk in Orenburg region of Russia

Bloomberg, citing sources: Saudi Aramco will suspend gas shipments next month due to damage to its main export facilities.

Emirates News Agency: The UAE announces its withdrawal from OPEC and the OPEC+ alliance.

More fuel reservoirs had exploded at Tuapse oil refinery

China warned the European Union it will retaliate if the EU passes its “Made in Europe” rules. The EU plan would favor European-made products in key industries like EVs and green tech. China says it’s protectionist and violates trade rules

Explosions were reported at the Yaroslavl oil refinery

US Treasury Department: Independent oil refineries in China continue to play a vital role in supporting Iran's oil economy.

European Commission President: Sanctions on Iran can only be lifted if the reasons for imposing these sanctions disappear.

Director of the International Energy Agency: We have lost up to 13 million barrels of oil in 24 hours due to the Iran war.

Drones raid reported at Novokuybyshevsk Neftekhim chemical plant in Samara region of Russia

Fuel reservoir is on fire after drones strike at the Horkiy pumping station near Meshikha village of Kstovo district of Nizhny Novgorod region of Russia

According to a release from U.S. Central Command (CENTCOM), the U.S. blockade of the Strait of Hormuz has directed 29 vessels to turn back or return to port since the beginning of the blockade on vessels traveling to or leaving Iranian ports. Per the release, CENTCOM has refuted past reporting that a number of ships passed the blockade, saying that the M/V Hero II and M/V Hedy are instead docked at Iran’s Chabahar port after being directed to turn back. Additionally, in confirmation of reporting from yesterday, CENTCOM has said that the M/V Dorena is currently under the escort of a U.S. Navy destroyer in the Indian Ocean

Democratic Rep. Sheila Cherfilus-McCormick has resigned, effective immediately, @CHueyBurns reportsThe House Ethics Committee will hold a public hearing to determine whether any punishment is warranted for Democratic Rep. Sheila Cherfilus-McCormick, three weeks after concluding she was guilty of more than two dozen charges stemming from an alleged campaign finance scheme

Oil prices climbed about 3% on Tuesday after U.S. President Donald Trump said he did not want to extend a soon-to-expire ceasefire in the Iran war and that the U.S. military was "raring to go" if negotiations do not succeed

A member of Iran's National Security Commission says that Iran has concluded that the US is using Iranian participation in negotiations as a tool to control energy markets

EU countries have agreed to widen sanctions against Iran to include those responsible for blocking the Strait ‌of Hormuz, EU foreign policy chief Kaja Kallas said on Tuesday. Kallas also said she had asked foreign affairs ministers at their meeting in Luxembourg to bolster the EU's naval mission in the Middle ‌East, which is currently protecting ships from attacks by Yemen's Houthi rebel group in the Red Sea

Ukraine has repaired the damaged section of the Druzhba oil pipeline damaged by Russian shelling — Zelensky

Trump says administration is weighing a currency swap with UAE to help bolster finances of Mideast ally rattled by war

Pentagon: Overnight, U.S. forces conducted a right-of-visit, maritime interdiction and boarding of the stateless sanctioned M/T Tifani without incident in the INDOPACOM area of responsibility.
As we have made clear, we will pursue global maritime enforcement efforts to disrupt illicit networks and interdict sanctioned vessels providing material support to Iran—anywhere they operate.

International waters are not a refuge for sanctioned vessels. The Department of War will continue to deny illicit actors and their vessels freedom of maneuver in the maritime domain

Etoile / Texas A massive oil rig/well explosion has occurred in Eastern Texas. All crews are accounted for

US companies eye Congo mining assets, including Rubaya, State Dept official says

Large smoke column at the Tuapse oil refinery

Multiple fires at Tuapse oil refinery after drones strikes

"NO MORE MR. NICE GUY.": President Trump says in a new post on Truth Social that Iran committed a "total violation" of the ceasefire agreement by firing at ships in the Strait of Hormuz. Trump also said U.S. representatives are traveling to Islamabad, Pakistan for negotiations, while warning that failure to reach a deal could result in renewed U.S. military action targeting "every single power plant and every single bridge" in Iran. He added that ongoing tensions in the strait are impacting global shipping, while asserting the U.S. stands to benefit economically and hurt Iran to the tune of $500 million a day