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India
The new framework lets existing users add berths and terminals, creates nomination-based access for eligible public entities and extends some concessions to 30 years at notified floor prices.
United States
A national poll put Donald Trump's approval on Iran at 28 percent and found stronger public demand for lower fuel prices and a permanent ceasefire than for continued military action.
India
The Finance Ministry tied investment and strategic autonomy to quicker implementation of domestic reforms while warning that sustained high oil prices and a possible El Niño could pressure inflation, public finances and growth.
Middle East
The U.S. president described negotiations as deep and productive but threatened strong action if they fail, as a pause in strikes altered oil prices and regional military activity.
Europe
The European Union adopted a 21st sanctions package against Russia, widening restrictions across banking, crypto services, oil revenues, the shadow fleet, military supply chains and trade channels linked to Moscow's war economy.
United States
The United States plans to impose new 10% to 12.5% tariffs on imports from 60 countries, shifting from temporary worldwide levies to a trade-law framework tied to enforcement of forced-labor restrictions.
Asia
Japan imported about 1.53 million barrels of Russian oil in May and June at an average price near $103 per barrel, underscoring how limited Sakhalin-linked shipments remain part of Tokyo's energy balance despite sanctions pressure.
Russia
European Union governments reached a political agreement on a new sanctions package against Russia, extending the oil price cap for 12 months and adding restrictions aimed at banks, crypto platforms, oil trading channels and supply networks linked to Moscow's war effort.
Asia
Indonesia has received its first Russian crude shipment under a broader import arrangement designed to reinforce national reserves as disruptions around the Strait of Hormuz pressure Asian fuel supply chains.
Middle East
Yemen's Houthis declared a naval blockade on Saudi Arabia, potentially opening a new front in the US-Iran war and threatening global energy supplies. The announcement came as diplomatic efforts to restore a ceasefire continue, with US strikes on Iranian cities entering their ninth night.
Europe
A Russian missile strike on a corn-carrying vessel off Ukraine's Black Sea coast killed ten people, including a maritime pilot, as attacks on shipping routes intensify. The Guinea-Bissau-flagged Golden Leo was hit by three cruise missiles, prompting an overnight rescue operation that saved eight of the seventeen crew members.
Latin America
Bolivia will keep gasoline, diesel and other fuel prices unchanged for 12 months, then move to a calculation system tied to international oil costs and the average dollar exchange rate, according to a new decree that extends a transitional pricing regime while reshaping the country's energy policy.
