Gold prices are declining due to geopolitical tensions in Europe and the Middle East. The spot price fell by 0.6%, and August futures fell by 0.4%.
US President Donald Trump has said that the US will not allow Iran to enrich uranium. This contradicts the proposal conveyed to Tehran by its representative Steve Witkoff.
Russia is planning a powerful strike on Ukraine in response to the drone attack on military airfields. According to the NYT, the strike may include massive attacks on Ukrainian infrastructure.
Oil prices rose on concerns Iran may reject a U. S. proposal on a nuclear deal. A wildfire in Canada also led to the shutdown of oil production.
Despite the US call for coordinated action, a new package of EU sanctions against Russia is unlikely to be ready for the G7 summit. Hungary may block some proposals.
U. S. Secretary of Defense Pete Hegseth received updates on the SBU's special operation "Spiderweb". The head of the Pentagon also spoke with his Ukrainian counterparts after the special operation.
NATO Secretary General Mark Rutte invited the Ukrainian delegation to the Alliance summit. Zelenskyy stressed the importance of Ukraine's participation in the summit, where long-range capabilities will be discussed.
The Ukrainian side received proposals from the Russians only during the negotiations in Istanbul. Umerov stated that the Russians are trying to create the illusion of diplomacy without real actions.
The second round of negotiations between Ukraine and Russia took place in Istanbul, where the exchange of prisoners, the return of the bodies of the dead, as well as the return of Ukrainian children were discussed.
Donald Trump believes that the war in Ukraine must end. He stressed that he wants an end at the negotiating table, which he told the leaders of both countries.
President Zelenskyy stated that the exchange of bodies of the dead and ceasefire proposals are used by Russia to influence US decisions on sanctions, not for a real ceasefire.
The President of Ukraine supported Erdogan's initiative to meet in the format of four leaders. However, Zelensky expressed doubt that this would lead to a ceasefire.
Iran is preparing a negative response to the US proposal on the nuclear deal, as the US position on uranium enrichment remains unchanged. Tehran demands the immediate lifting of sanctions.
The President of Ukraine met with the Prime Minister of Norway, discussing support for Ukraine, strengthening air defense, and investments in the defense industry. The parties also emphasized the importance of strengthening sanctions against Russia.
The Trump administration plans to put a state reserve of 1 million barrels of diesel fuel on the market. The reserve has never been used as intended, and the sale will bring in $100 million.
Ukraine will contact partners from Europe and the USA after the meeting of the delegations of Ukraine and Russia in Istanbul. Ukraine wants them to closely monitor the agenda.
The European Union is preparing for trade negotiations with the United States and has warned of countermeasures if Trump introduces inflated tariffs on steel and aluminum imports. Brussels expects to conclude a new agreement with Washington by July 9.
Ukraine insists on a ceasefire for negotiations, Russia wants to discuss issues without it. Ukraine plans contacts with the US and European partners for integration into the process.
Serhiy Kyslytsia stated that Russia rejects the idea of an unconditional ceasefire. Despite negotiations with the American delegation, the proposals were not accepted by the Russian side.
Following the negotiations in Istanbul, Ukraine believes that a meeting of leaders is necessary to resolve key issues. It also submitted a list of children for return and awaits a response.
The Polish President emphasized the importance of strengthening NATO through increased defense spending and closer cooperation with the United States, as well as supporting Ukraine in its integration into European structures.
The NATO Summit should send a clear signal of support for Ukraine and renew commitments to collective defense. Lithuania will increase defense spending to 5% of GDP in 2026.
The Presidents of Ukraine and Poland discussed bilateral relations, diplomatic work and the importance of pressure on Russia. Duda assured of support for Ukraine's membership in the EU and NATO.
According to India Today, Indian Prime Minister Narendra Modi is likely to miss the G7 summit due to domestic political circumstances. This will be the first missed G7 meeting since 2019.
Ukrainians are upgrading their equipment every 2. 5 years, while Americans are upgrading every 3.10 years. Sales of equipment under Trade-In programs have increased to 20%.
Keir Starmer has vowed to put the country on a "war footing" by investing billions in weapons. This decision was made against the backdrop of Russian aggression and changes in US policy.
Putin has no veto power over NATO decisions. It is important to reaffirm that the Alliance is strong and Europe will not renounce its security.
Zelenskyy stated that in the event of no results from the meeting of Ukrainian and Russian delegations in Istanbul, it is necessary to urgently introduce the 18th package of sanctions. The sanctions should be concentrated on the oil and banking sectors.
President Zelenskyy stated that Russia's attempts to combine a counteroffensive with diplomacy are an opportunity for Ukraine to end the war. He emphasized the importance of supporting defense capabilities.
The SBU special operation "Web" hit 4 military airfields of the Russian Federation, 41 aircraft were hit, including A-50, Tu-95, Tu-22 M3 and Tu-160. The cost of the affected aviation is over $7 billion.