OPEC+ countries plan to approve a significant increase in oil production in September, completing the phased unwinding of voluntary cuts. The United Arab Emirates will also receive a larger production quota.
The reigning Asian champion Al-Ahli is interested in signing Lionel Messi after the expiration of his contract with Inter Miami. A possible transfer could rekindle the Messi-Ronaldo rivalry in the Saudi league.
Donald Trump announced the introduction of an additional 10% tariffs on countries that join BRICS' "anti-American policies. " This announcement came amid the BRICS summit in Brazil, where the group criticized US tariff policies.
Oil prices fell after OPEC+ increased production by 548,000 barrels per day in August, exceeding expectations. Uncertainty regarding US tariffs also affected demand.
The production of Eurofighter Typhoon fighter jets in the United Kingdom has practically ceased due to a lack of new orders. This raises concerns about the loss of critical aerospace industry skills and affects the country's participation in the Global Combat Air Programme.
OPEC+ countries decided to accelerate the increase in oil production in August by 548 thousand barrels per day. Eight participating countries, including Saudi Arabia and Russia, confirmed their commitment to compensation and compliance with the Declaration of Cooperation.
French President Emmanuel Macron held a telephone conversation with US President Donald Trump, discussing the situation in Ukraine. This happened on the same day that Trump spoke with Vladimir Putin.
Brent and WTI oil prices fell amid Iran's reaffirmation of commitment to nuclear non-proliferation and expectations of increased OPEC+ production. The US plans to resume nuclear talks with Iran next week.
Analysts predict global tourism spending to grow from $5 trillion in 2024 to $15 trillion in 2040. Developing countries, primarily China, India, and Saudi Arabia, will be the main drivers of this growth.
Oil prices were unchanged as markets analyzed the expected increase in supplies from producers next month and a weak US dollar. US oil inventories rose by 680,000 barrels, despite summer seasonal demand.
Germany summoned Iran's ambassador to the Ministry of Foreign Affairs due to the detention of a Danish citizen who was collecting information about Jewish sites in Berlin for the IRGC. The suspect photographed buildings, including the office of the German-Israeli Society, and was extradited from Denmark.
Donald Trump said that Israel agreed to a 60-day ceasefire, hoping for an end to the war. He urged Hamas to accept the peace proposal conveyed by Qatar and Egypt.
From July 1, Ukrainians abroad can submit documents for notarial acts online through the "e-Consul" system. This innovation simplifies the process, allowing citizens to upload necessary data and certificates without a physical visit to diplomatic missions until the last step.
Syria will insist on the withdrawal of Israeli troops from the Golan Heights, regardless of future peace agreements. Israel doubts that Syrian leader al-Sharaa would agree to any deal without this withdrawal.
The Ministry of Foreign Affairs of Ukraine urges citizens to carefully weigh the risks when planning trips across the countries of the Middle East and the Arabian Peninsula. Ukrainians who are in these regions are advised to follow the instructions of local law enforcement agencies.
North American and European airlines canceled flights to the Persian Gulf after US strikes on Iran, which led to the closure of airspace and increased security concerns. This forces carriers to redirect or cancel flights, increasing costs and affecting the region's aviation hub.
The United States of America announced the urgent evacuation of non-critical staff and family members of diplomats from Lebanon. This comes amid regional developments and rising tensions following US airstrikes on Iranian nuclear facilities.
Persian Gulf countries are increasing security measures following US airstrikes on Iranian nuclear facilities. Bahrain and Kuwait are taking extraordinary measures, while other regional states are calling for de-escalation and diplomatic resolution of the conflict.
The Israel Defense Forces eliminated Aminpur Judaki, commander of the second UAV brigade of the IRGC Aerospace Force. Judaki was responsible for hundreds of UAV attacks on Israeli territory.
The price of Brent crude oil could potentially rise to $90 per barrel if the Strait of Hormuz is blocked, but a prolonged halt to shipping is unlikely, according to Citigroup Inc. analysts. This closure would affect daily global oil production and cause a sharp jump in prices.
US President Donald Trump relies more on a narrow circle of advisers when making decisions about military action in Iran. He also consults with many outside the White House.
Iran has sharply increased oil exports following the escalation of the conflict with Israel. The country seeks to maintain revenues by dispersing tankers and ensuring supply stability through the Strait of Hormuz.
Copenhagen has overtaken Vienna as the world's most livable city, receiving perfect scores for stability, infrastructure, and education. Vienna lost its lead due to a decline in its security score.
Due to the escalation of the conflict between Israel and Iran, oil tanker owners are suspending routes through the Middle East. This led to a jump in freight rates by 20-30%.
In Saudi Arabia, journalist Turki al-Jasser, who was arrested in 2018, was executed. He was accused of "treason" and criticizing corruption in the royal family.
France condemns Iran's nuclear program, reaffirming Israel's right to self-defense. Macron called on the parties to exercise restraint to avoid destabilizing the region.
Overnight, the IDF struck a Quds Force command center where the commander of the IRGC's Air Force was located. Other commanders who directed attacks on Israel and Saudi Arabia were also eliminated with him.
Israeli airstrikes on Iran have sparked a wave of criticism. China has expressed concern, and Arab countries have condemned the actions, emphasizing the violation of sovereignty and the threat to regional stability.
Brent crude rose to $78 a barrel, the biggest jump since 2022. Israel has struck Iran's nuclear program, raising fears of oil supply disruptions.
Brent and WTI oil prices are rising amid the resumption of trade talks between the US and China. Saudi Arabia has cut oil prices for Asia.