News

Russian Deputy Prime Minister: We will start importing petroleum products this month.

Russian Deputy Prime Minister: The ban on diesel exports is to meet domestic market demand, and we will speed up the repair of damaged refineries.

German Geoscience Research Center GFZ: A magnitude 6.6 earthquake occurred in the South Sandwich Islands area.

According to Iran's Fars News Agency: Sources said that (Iran) will not engage in any negotiations until the United States withdraws its position.

Russian Defense Ministry: Russian troops have taken control of Bachivsk in the Sumy region of Ukraine.

Gardia, the former chief executive of Virgin Money, the UK's largest retail bank, is to be appointed chairman of the UK's audit regulator.

The Ukrainian military said it hit 21 Russian oil tankers overnight.

Kremlin: Europeans are 100% brainwashed. Russia is portrayed as absolutely evil. They are relentlessly instilling the theory that “all are at risk.”

Kremlin: Nuclear weapons will be used if there is any threat to the existence of the Russian state. Otherwise it will not be used. Everything else is pure speculation.

Kremlin: On one side is Russia, on the other side is Ukraine and several European countries and the United States, which have provided millions of tons of weapons to Ukraine. This is no longer a special military operation, but a full-scale war.

Kremlin: When Ukrainian President Zelensky came to power, he promised his people to end the conflict. That was his original promise. He can still end the conflict by taking the responsible decision to withdraw troops from the Donbas region, from areas now annexed to Russia, and by recognizing the status quo as a fait accompli as a legal fact.

Russian authorities said a drone attack on a ship in Taganrog Bay killed one person.

Authorities in Rostov, Russia, said that fires at two oil depots in the area have been extinguished.

According to RIA Novosti: The Ukrainian army launched 41 attacks on Russia's Belgorod region in one day, and 47 drones were intercepted.

According to Israeli media "Kan", Israeli politicians have instructed the military to suspend all operations deemed "sensitive" in South Lebanon. This decision is based on a request from the United States. This directive will remain in effect until new directives are issued.

US President Trump: I cannot accept the original agreement! The new deal is great and fair. Thank you to the Canadian government and congratulations to them. May our two countries have many years of success together on this wonderful new project! !

US President Trump: I secured a "much better" deal for the United States, and as a result, the spectacular new Gordie Howe International Bridge spanning Detroit and Windsor, Ontario, Canada will open on July 27 as originally planned.

Russia's decision this week to ban diesel exports has roiled global energy markets, exacerbating shortages and sending prices soaring even in countries that no longer buy the fuel from Moscow. A spike in the price of diesel, which accounts for the largest share of global oil consumption, could ripple through the global economy because it is used in everything from industrial machinery and agricultural equipment to heavy-duty transportation and power generation. According to Kpler data, from July 1 to 10, Russia’s diesel and gas oil loading capacity was only an average of 234,000 barrels per day. This is down from 400,000 barrels per day in June and an average of about 817,000 barrels per day in 2025. Gulf oil consultant Tom Kloza said a combination of renewed fighting in the Middle East, Russia's halt in diesel exports and a shocking U.S. Energy Information Administration (EIA) report were driving distillate sellers out of the market. Vortexa analyst Mick Strautman said the reduction in Russian diesel exports means less available global supply, Forcing regular customers such as Brazil and Türkiye to compete with European countries and other importing countries for U.S. supplies. This could have knock-on effects on the power and agriculture sectors. If Türkiye keeps its own production for domestic use, the Mediterranean region will lose a source of diesel for power generation during peak summer demand. Rising diesel prices also mean farming costs could rise for farmers ahead of the southern hemisphere planting season and northern hemisphere harvest season - with farmers in Brazil and the U.S. Midwest competing for the same supply. Qilin Tam, head of refining operations at consulting firm FGE NexantECA, said that when the Strait of Hormuz is blocked, The US became the preferred supplier of diesel to the EU/UK, but now every extra barrel it sends to Latin America means one less barrel sent to Europe. And this is happening at a time when diesel inventories in the United States and the ARA region (Amsterdam-Rotterdam-Antwerp, Amsterdam-Rotterdam-Antwerp) are well below historical levels.

Mayor of Kiev, Ukraine: Russian bombings hit multiple areas of the capital, injuring six people.

European Mediterranean Seismological Center: A 4.9-magnitude earthquake occurred in the Seram Sea in Indonesia; the focal depth was 10.0 kilometers.