Ukraine’s drone attacks have forced the Saratov oil refinery to halt operations, deepening Russia’s fuel shortage and prompting regional sales restrictions.
Iran buried former Supreme Leader Ali Khamenei after a U.S.-Israel strike, highlighting uncertainties in leadership transition and escalating regional tensions.
The US has intensified military strikes against Iran targeting maritime interference in the Strait of Hormuz following tanker attacks, escalating regional tensions and economic sanctions.
Gasoline prices in annexed Crimea surged 78.4% in early July amid Russia’s fuel shortages, export bans, and increased imports, signaling severe supply challenges.
US President Trump pledges to remove Syria from the terrorism sponsorship list, opening new investment opportunities and signaling a strategic US policy shift in the Middle East.
Uzbek aluminium producer AKFA Aluminium is preparing for its first international bond issuance and IPO to enhance corporate governance and broaden financing sources.
Germany announces a record €124.7 billion defense budget for 2026, marking a significant increase amid NATO’s evolving military spending landscape and U.S. pressure.
Russian missile and drone attacks during the night of July 8 injured civilians and damaged infrastructure in Kiev and Kharkiv, intensifying challenges for urban stability and business continuity.
US military strikes on Iran following tanker attacks intensify regional tensions amid renewed oil sanctions and stalled diplomatic talks over maritime security.
Cuba suffers a nationwide blackout amid severe fuel shortages and US sanctions, prompting urgent energy reforms and highlighting geopolitical tensions.
Germany's 2027 budget includes a 6% spending increase and a 32.7% rise in defense funding amid security concerns, sparking debate over fiscal priorities and economic growth.
Canada selects Germany's TKMS to build up to 12 advanced submarines, boosting NATO's Arctic defense and signaling deeper transatlantic cooperation.