🇮🇳🇨🇳 India and China will resume trade through the Lipulekh Pass in Tibet starting August 1, following a six-year hiatus. The pass is located on the border of the Indian state of Uttarakhand.
🇩🇪 Rheinmetall reported that its sales in the second quarter reached 3.29 billion euros, surpassing expectations of 3.11 billion euros.
⚠️🇺🇦 Ukraine has shifted from targeting oil refineries to striking hard-to-replace nodes with the help of intelligence from the United States and France, according to the Financial Times.
⚠️🇺🇦 In an interview with the "Russia 24" channel, Russian Foreign Minister Sergey Lavrov stated that the conditions proposed by Western countries for resolving the conflict in Ukraine amount to an ultimatum.
🚨🇨🇳🇮🇷 China is set to transfer missile systems to Iran, according to The Telegraph. This move marks a significant development in geopolitical dynamics, potentially impacting regional security. The implications of this transfer are yet to be fully understood, but it underscores the strengthening ties between the two nations. Further details on the specifics of the missile systems and the timeline for the transfer remain to be seen.
🌐 The State Duma has not discussed the blocking of Telegram or recognizing the messaging service as an extremist platform, stated Oleg Matveychev, Deputy Chairman of the State Duma Committee on Information Policy, in an interview with "Zvezda."
🚨 Ahead
U.S. oil inventories are set to be released by the EIA at 17:30 Moscow time. The API reported an increase of 3.296 million barrels in its inventory data.
U.S. oil inventories are set to be released by the EIA at 17:30 Moscow time. The API reported an increase of 3.296 million barrels in its inventory data.
🚨🛢️🇺🇸 EIA REPORT ON OIL: CRUDE inventories have decreased by 7.167 million barrels, contrasting with expectations of a 0.7 million barrel increase and a prior rise of 2.01 million barrels.
🇷🇺 Lukoil's net profit under RAS for the first half of the year reached 361.96 billion rubles, compared to 327.7 billion rubles in the same period last year.
🌟 The Central Bank of Russia has established rules for margin trading of cryptocurrencies and digital assets. Both qualified and non-qualified investors will be allowed to engage in margin transactions. However, non-qualified investors will face limits on cryptocurrency operations, which will be determined by the Central Bank. For more details, visit the official release.
⚠️🇺🇸 Mortgage rates in the United States have risen to a yearly high. The rate for a 30-year fixed mortgage has increased to 6.76%, according to the Mortgage Bankers Association (MBA).
⚠️🇮🇷 A potential conflict between the U.S. and Iran may extend for several months due to a deadlock surrounding the Strait of Hormuz, according to current and former U.S. military officials. The situation remains complex, impacting regional stability and oil markets. For more details, visit BBG. 🛢