🚨 Oil prices are continuing to rise amid escalating tensions in the Strait of Hormuz. Former President Trump claims that oil flow through the strait has nearly recovered to 18 million barrels per day, down from 20 million barrels per day before the conflict. However, U.S. Energy Secretary Wright reports the current volume at about 9 million barrels per day. The IRGC states that the strait is closed to vessels violating Iran's maritime regulations. Meanwhile, Axios reports significant oil movement, while RTRS notes average traffic has dropped to just four ships daily.
🚨 China has requested Ukraine not to strike Vladivostok, according to Kyodo.
📈 In August, the average daily trading volume of perpetual futures on the Moscow Exchange reached a record high, exceeding 130 billion rubles, according to the exchange. Private investors accounted for 37.7% of the trading volume in currency derivatives, while equity and index contracts made up 31.2%, and commodity futures and options also represented 31.2%.
🚫🛢🇮🇷 Iran has announced plans to establish a new restricted area in the Persian Gulf in the coming days, according to RTRS.
⚠️🇺🇸 UBS Global Wealth Management predicts that the Federal Reserve will raise interest rates by 0.25% in September and December 2026, adjusting its previous expectation of keeping rates unchanged.
⚠️🇺🇸🇳🇴🇷🇺 Russia views the deployment of American missile systems in Norway as a move among a series of highly destabilizing actions by NATO, according to the Russian Foreign Ministry.
🇷🇺🇸🇦 On September 8, Russian Foreign Minister Sergey Lavrov will hold talks in Moscow with the Foreign Minister of Saudi Arabia.
⚠️🇺🇸🇷🇺 The Russian Foreign Ministry stated that favorable conditions for a substantive and productive dialogue on strategic stability with the United States have not been established.
🌍 Iran has announced that negotiations with Oman regarding the Hormuz Strait have reached a concluding stage.
🛢 The price of oil could rise to $120 if attacks on vessels in the Middle East increase, according to Goldman Sachs.
⚠️🇷🇺 EuroTrans has entered into a de facto default on its entire public debt portfolio, according to the Investment Fund. The company has defaulted on ten issues of bonds traded on the exchange.
🚨🇯🇵 The yen is strengthening against the dollar at an impressive pace, according to experts on yen appreciation. Analysts are closely monitoring this rapid change in the currency's valuation, which could have significant implications for the global financial landscape. Investors are advised to stay informed about these developments as they unfold.
⚠️🇯🇵🇺🇸 Japan has sold U.S. bonds and other assets to intervene in the yen, according to Bloomberg. Last month, Japan sold foreign securities worth $88 billion, marking the largest sale of its kind in history. Most of the funds are likely being used to finance interventions in the yen. Japan remains the world's largest holder of U.S. bonds.
⚠️🇯🇵🇺🇸 Japanese investors have sold U.S. bonds and other assets to intervene in the yen market, according to Bloomberg. Last month, Japan sold foreign securities worth $88 billion, marking the largest sale of its kind in history. Most of the proceeds are likely directed towards funding interventions in the yen. Japan remains the world's largest holder of U.S. bonds.
🎤 Lawyers from Say Agency, the organizer of Kanye West's concert in Russia, will contact Rospotrebnadzor following a warning issued by the agency. Rospotrebnadzor had previously warned Say Agency over its refusal to refund ticket purchases for the concert in St. Petersburg. For more details, visit RBK.
✨ Kyrgyzstan is increasingly embracing cryptocurrency, planning to launch its own digital som and expand the regulatory infrastructure, licensing, and stablecoins. -- Cointelegraph
❗️🇷🇺 Lavrov stated that Russia will not engage in agreements that lack a balance of interests.
🍷 France's wine production is projected to drop below 34 million hectoliters this year, according to the first assessment from the Ministry of Agriculture. This marks the lowest level in 30 years.
🛢️ RussNeft forecasts a slight decline in oil production in 2026, projecting a reduction to 5.9 million tons, according to IF.
🌍 In the next 15 years, Russia could control 36% of the world's uranium production, according to a report by the Centre for Strategic Advantage (CSA), as reported by Kommersant and FT. The authors of the report warn that this may threaten Western energy security amid a sharp rise in demand from new nuclear power plants.