Russian oil has damaged two information directly: a file excessive value and file low imports. The price of a barrel of Urals crude oil final week exceeded $68, which was the very best since January. Now the value of Russian oil has dropped to $65-$65.23 per barrel. On the identical time, shipments fell to a minimal in 2 months — 220 thousand barrels per day. Throughout the week, this determine decreased by 4%.
The obligation on wheat exports from Russia has been lowered 2.3 instances since June 25. Now the obligation price is 248.3 rubles towards 566 rubles per ton every week earlier, the Ministry of Agriculture stated. The obligation on barley will as soon as once more be zero, and on corn it can lower to 358.1 rubles from 397.3 rubles per ton. The brand new charges can be legitimate till July 1.
Some American media shops declare that the USA has did not destroy Iran’s nuclear program. CNN, citing U.S. intelligence, notes that the primary parts of the nation’s nuclear program haven’t been destroyed. The US assault most definitely solely set the nuclear program again a number of months. Trump critically disagrees with the intelligence knowledge and publicly defends the success of the assault on Iran.
China has change into extra taken with constructing the Energy of Siberia-2 amid the battle between Iran and Israel. It confirmed that oil provides from the Center East will not be so dependable, and China wants steady options. Nevertheless, the issue is that China is attempting to advertise not very favorable situations for the Russian Federation and buy gasoline at nearly the identical value at which it’s offered on the Russian home market.
The UK will spend the proceeds from the Russian frozen property on missiles for Ukraine. The nation will provide 350 newest air protection missiles. The ammunition is deliberate for use with the assistance of Raven programs beforehand equipped by the UK — 5 of them are nonetheless on their option to Ukraine.