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Oceania
Richard Marles says a Virginia-class transfer in the early 2030s remains feasible, making delivery capacity and workforce readiness the next tests.
Africa
Libya's National Oil Corporation said an unidentified armed group closed valve 7 on the pipeline carrying Sharara crude to Zawiya port, sharply reducing output at the major field.
Middle East
Houthi forces sought control of the Kahboub Mountains after taking the Red Sea coast, while a report that Donald Trump canceled planned US strikes remained unverified and Saudi Arabia intensified its response.
Russia
The U.S. president linked Ukrainian attacks on Russian refineries to a global diesel shortage, as disrupted Gulf exports and intensified strikes tightened fuel supplies and raised prices.
Middle East
Q2 developments showed that alternate routes, storage, sanctions policy and OPEC+ cohesion all depend on the future of the Strait of Hormuz.
Russia
Two tankers were struck near the Caspian Pipeline Consortium terminal, stopping Black Sea loading without casualties or an oil spill and extending a sequence of attacks on a route linking Kazakh fields to global markets.
Africa
ECOWAS member states have signed an intergovernmental agreement backing the massive Nigeria-Morocco Atlantic gas pipeline, a 6,900-kilometer project designed to carry 30 billion cubic meters of gas annually across 13 West African nations to Morocco and onward to Europe.
