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World oil prices

Price of Brent oil up above $85 per barrel on London’s ICE first since June 15

As of 12:23 a.m. GMT, the price was up by 2.78% reaching $85.64 per barrel

MOSCOW, July 14. /TASS/. The price of futures contracts of Brent crude oil for September 2026 delivery on London’s ICE has risen above $85 per barrel for the first time since June 15, 2026, according to trade data.

As of 3:16 a.m. Moscow time (12:16 a.m. GMT), the Brent price was up by 2.04% at $85.02 a barrel.

As of 3:23 a.m. Moscow time (12:23 a.m. GMT), the price of Brent was up by 2.78% reaching $85.64 per barrel. Meanwhile the price of futures contracts of WTI crude oil for July 2026 delivery was up by 8.25% at $80.42 per barrel.

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Brent crude tops $83 per barrel on ICE for first time since June 16

As of 9:12 p.m. Moscow time, Brent crude was up 9.22%, trading at $83.02 per barrel

Price of Brent oil up above $85 per barrel on London’s ICE first since June 15

As of 12:23 a.m. GMT, the price was up by 2.78% reaching $85.64 per barrel

Three killed in Moscow region as Russian air defenses shoot down 342 drones in past night

Ukrainian UAVs were intercepted over 15 Russian regions

Russian forces have full control over skies in Konstantinovka — officer

The number of Russian reconnaissance and attack drones has significantly grown in the skies over Konstantinovka, a company commander of the Battlegroup South’s 1465th Motorized Rifle Regiment, call sign Grek, said

UK sanctions GRU officers, Rybar analytical center

In total, London expanded its anti-Russian sanctions list by 10 entries and added 14 new names to the sanctions list related to cybersecurity

NATO faces its worst crisis since WWII — former US ambassador

Ivo Daalder added that Europeans "no longer see the United States as a reliable partner"

Gold futures slide below $4,000 per troy ounce for first time since July 1

As of 7:55 p.m. Moscow time, gold was down 2.94%, trading at $3,992.9 per troy ounce

Russian forces hit fishing vessel used for launching Kiev’s USVs in Odessa port

The strikes were carried out using the Geran-4 Seeker UAV

OPEC downgrades forecast for global oil demand growth in 2026

Growth of approximately 40,000 bpd is expected in OECD countries, while non-OECD countries are projected to see an increase of around 0.74 million bpd

Brent crude tops $83 per barrel on ICE for first time since June 16

As of 9:12 p.m. Moscow time, Brent crude was up 9.22%, trading at $83.02 per barrel

Russia's oil products situation will gradually improve — Putin

Russia has a very strong and reliable energy foundation, the Russian president noted

Russian forces advance toward Druzhkovka despite Ukrainian air counterstrikes — DPR head

In the neighboring Krasnoarmeysk-Dobropolye region, Russian forces have strengthened their positions following the liberation of Vasilyevka

Russian air defenses destroy over 180,000 UAVs in Ukraine operation — top brass

Russian air defense forces intercepted and destroyed 926 Ukrainian unmanned aerial vehicles and 12 smart bombs over the past 24 hours

Russian-Chinese exercise Joint Sea - 2026 concludes in Qingdao

The closing ceremony was held at the Qingdao Naval Base of the People's Liberation Army

Turkish warships call at Syria’s Latakia for first time since 2011 — defense ministry

The Turkish defense ministry added that the group of ships is led by the TCG Istanbul frigate with Navy Commander Admiral Ercument Tatlioglu onboard

NASA chief arrives at Baikonur space center on his first visit in eight years

Jared Isaacman also met with Roscosmos CEO Dmitry Bakanov

Kremlin regrets Western attempts to cancel Russian culture

Dmitry Peskov commented on the European Commission’s move to withdraw funding for the Venice Biennale over the opening of the Russian pavilion

Zelensky voices plans to replace government, dismiss prime minister

Vladimir Zelensky offered Prime Minister Yulia Sviridenko a new position

IN BRIEF: FSB thwarts large-scale swarm drone attacks on Russian military airfields

FSB officers seized 24 FPV drones equipped with neural control modules manufactured in the UK, the United States, Canada and Sweden that were resistant to electronic warfare

Russian forces suppress Ukrainian artillery in Krasny Liman direction — soldier

Crews of Russian 152-mm self-propelled guns of the Battlegroup West carry out fire missions daily, supporting assault units and destroying targets at ranges of over 25 kilometers

Trump will support bill on anti-Russia sanctions — CNN

If passed by Congress, the document would pave the way for the administration to impose tariffs on countries purchasing Russian oil, according to the report

Submarines participation in Chinese-Russian drills demonstrates trust — Chinese expert

Wang Yunfei noted that "underwater communication is complex," in which the parties should exchange information on technical specifications, methods, and tactics

Millions sign online petition demanding Argentina be booted from World Cup

The petition claims that FIFA and the referees are biased toward Lionel Messi and the Argentininan national team

Trump to rely on forces that brought him to power — Russian presidential aide

Nikolay Patrushev agreed that Trump, when he was still a candidate, "made many statements critical of the destructive foreign and domestic policies pursued by the current administration"

US launching another series of strikes on Iran — Central Command

According to the statement, the third night of the strikes is being carried out "at the Commander in Chief’s direction"

Almost 350 children killed in Ukrainian attacks since 2014, Russian commissioner reports

Maria Lvova-Belova noted that children who arrived in EU countries as refugees are often being bullied by local students and teachers

First Russian-Arab forum to be held in early October — Roscongress

The forum will be attended by officials from ministries and agencies, heads of diplomatic missions, representatives of the business and expert communities of Russia and LAS states

US military aircraft spotted over Persian Gulf amid Trump’s threats of strikes on Iran

A source in Middle Eastern air traffic control services reported the sighting of a US Air Force Boeing KC-135R Stratotanker

UK hops on EU's Ukraine financing train

The announcement was made against the backdrop of Starmer’s participation in a summit of the Coalition of the Willing in Paris

Kremlin spokesman describes 'coalition of the willing' as coalition of warmongers

"This group of countries does not want peace but rather a continuation of war," Dmitry Peskov pointed out

Yemeni Houthis report attacking Abha Airport in Saudi Arabia

According to the Houthis, the attack was conducted in response to Saudi Arabia’s strike on Sanaa Airport

Iran to remain guardian of Strait of Hormuz — foreign minister

Abbas Araghchi also commented on US President Donald Trump’s plans to seize control over the waterway and to levy a security toll of 20%

Iran in contact with Oman, Pakistan, Qatar to prevent further escalation

Iranian Foreign Ministry Spokesman Esmaeil Baghaei stressed that Tehran would use all necessary means and methods to ensure its national interests and national security

Botanists to study Karelian national park's flora changes over 170 years

The expedition features experts in various fields: parasitology, forestry, soil science, botany, zoology, entomology, and others

West seeking to rewrite history to deprive Russia of its source of strength — MFA

"I believe this is exactly why they want to rewrite history for us - those who demolish monuments or engage in attempts to cancel culture, those who, essentially, have denied us the opportunity to remember our heroes in the information space," Russian Foreign Ministry Spokeswoman Maria Zakharova said

Kiev suffering unjustified losses counterattacking near Konstantinovka in DPR — expert

According to Andrey Marochko, all previous attempts by the Ukrainian command in this area have been futile and unsuccessful

Russian troops repel all counterattacks at Konstantinovka, forcing Kiev retreat — expert

According to Andrey Marochko, the Ukrainian assault forces suffered losses

Press review: Hormuz crisis overshadows Iran nuclear issue and EU divided on Russia talks

Top stories from the Russian press on Monday, July 13th

Brent crude jumps over 5% following Trump's pledge to reinstate blockade on Iranian ports

As of 5:21 p.m. Moscow time, Brent crude was up 5.29%, trading at $80.03 per barrel

Several facilities near Iran’s Omidiyeh damaged by US strikes on region — agency

Mehr reported that at least four people were injured in the incident

Zelensky submits to parliament bills extending martial law, mobilization campaign

Martial law and general mobilization were declared in Ukraine on February 24, 2022

Russian wheat exports up almost 14% to 48 mln tons in 2025/2026 agricultural season

Russia increased wheat supplies to all top five importers despite a sharp rise in global market competition

US to resume blockade of Iran’s seaports on July 14 — CENTCOM

US forces will enforce the blockade against vessels transiting to or from Iranian ports and coastal areas

Russia and Iran welcome positive dynamics in bilateral relations

Energy Minister Sergey Tsivilyov met with Mohsen Paknejad, Iran's Oil Minister and co-chair of the intergovernmental commission on trade and economic cooperation, as well as Iranian Energy Minister Abbas Aliabadi

FACTBOX: What we know about new EU, UK sanctions against Russia, restrictions on VK, Max

The United Kingdom imposed sanctions on GRU officers allegedly involved in cyber operations targeting the UK, as well as on the Rybar military analytical center

NATO airborne early warning aircraft circling over Gulf of Riga

The aircraft took off from an airfield in Siauliai

Ukrainian conflict should be resolved through dialogue, diplomacy — Turkish leader

Recep Tayyip Erdogan says the NATO summit provided an opportunity for intense diplomatic contacts and bilateral meetings with leaders of the alliance’s member states and other high-ranking guests who were invited to Ankara

Another prisoner exchange with Ukraine to take place soon — Russian ombudswoman

Another prisoner swap between Russia and Ukraine will take place soon but its exact date will not be announced, Yana Lantratova said

Kiev loses over 9,900 soldiers, mercenaries in fighting over week — expert

The greatest losses in manpower were inflicted on the Ukrainian armed forces in the area of responsibility of the Battlegroup East, operating in the Dnepropetrovsk and Zaporozhye Regions

Russia states at G20 that economy should not be used as weapon — MFA

Russia also advocated for an open and inclusive economic system, calling for greater representation of the Global South in governance mechanisms

Russia's trade surplus rises to $14.2 bln in May — Central Bank

Compared with April 2026, the surplus increased by $3.148 bln

Trump notifies US Congress about resuming warfare in Iran — NYT

The letter was sent to US lawmakers on July 10, the report says

Yemen reopens airports across country

The document takes effect upon publication and supersedes the previous circular dated July 13

Russia exports record volumes of wheat to several African countries in 2025-2026 season

Amid a surge in import demand, Russian exporters shipped a record 10 mln metric tons of wheat to Egypt between July 2025 and June 2026

Ukrainian troops endanger civilian lives by firing from Kherson’s urban area — governor

For the Kiev regime, Kherson and its residents have long been expendable, Vladimir Saldo said

Polish defense minister says draft-age Ukrainians should be home, fighting for country

According to Wladysіaw Kosiniak-Kamysz, Ukrainians "driving around in luxury cars" and disturbing public order should be deported to their homeland

Hi-tech firm delivers ten seaborne air defense systems to Russian Navy and foreign fleets

The Palma system is designated to strike air-and sea-launched weapons, including anti-ship missiles flying at low and extremely low altitudes and small-size unmanned fast-speed gunboats

Modernizing Russia’s armed forces, fuel situation — Putin’s remarks

The Russophobic factions within the so-called collective West are fighting Russia, but the country is forging ahead with remarkable progress, the Russian leader said

Russian embassy suggests Amerian public to study data on US biosecurity violatons

Washington's actions run counter to its obligations under the Convention on the Prohibition of Biological and Toxin Weapons, according to the diplomatic mission

Aliyev declares full normalization between Azerbaijan and Russia

Ilham Aliyev underscored the significance of Russia-Azerbaijan relations, both on a bilateral level and within a broader regional context

Putin awards citizenship to German horse trainer

Karin Martina Staemmler-Gerusel specializes in draft horses

Putin grants Russian citizenship to man behind BMW X6 design

According to publicly available sources, Leclercq has worked for major automakers BMW, Kia, and Citroen

Restrictions lifted: ITTF returns anthem, flag to Russian table tennis players

The decision will come into effect on July 28

Sanctions on Russia start triggering legal warfare within Western business, expert says

Ilya Grashchenkov noted that the financial cost of anti-Russian policies is now shifting from abstract markets to specific corporations

Kremlin addresses 'Coalition of the willing' illusions, Sea of Azov navigation

Russia will not seek to prove that the airspace of Baltic nations is being used for Ukrainian drone flights, Dmitry Peskov said

Zaporozhye NPP to inform IAEA about Ukraine’s attack on fire station in Energodar

The management of the Zaporozhye Nuclear Power Plant is also ready to show the aftermath, Yevgenia Yashina said

US troops accuse commanders of negligence over Iranian drone threat

US commanders deny the allegations and maintain that the military facility was adequately protected, The Washington Post reported

Iran and Russia need working groups to monitor joint projects — Iranian president

Masoud Pezeshkian emphasized that Iran and Russia are strategic partners and reliable friends

Military targets to be focus of new wave of US strikes on Iran — CNN

According to the report, the list of targets includes coastal surveillance systems and facilities associated with missiles and drones

FACTBOX: German ambassador summoned to Russian foreign ministry

The ministry said the focus of the meeting was the unacceptability of growing support to the Kiev regime

Hungary’s parliament approves constitutional amendment to oust president

According to parliament speaker Agnes Forsthoffer, the amendment was supported by 139 lawmakers

Greta Thunberg, other activists glue themselves to ground near Rheinmetall’s office

The protest is against the work of a Rheinmetall facility in the Wedding district of Berlin and the use of German weapons in the war against the Gaza Strip and other conflict zones

Kiev’s drone supplier Helsing makes its UAVs at secret plant in south Germany — NYT

According to sources cited by the newspaper, the factory can be dismantled and relocated within a day

Russian, Chinese warships repel mock drone attack in Yellow Sea drills

Over several days, the joint naval task force carried out live-fire drills using artillery and machine guns to repel a simulated attack by unmanned systems, including aerial drones and uncrewed surface vessels, the Russian Pacific Fleet's press service said

NATO summit in Ankara was pantomime, where leaders said absurd things — EUObserver

According to the report, the possibility of withdrawal of US troops from Europe remained the main unanswered question of the event

UK Navy reports attack on tanker off coast of Oman

The crew members were not injured

US wants to control Strait of Hormuz, receive 20% of cargo costs — Trump

"All other countries will have fair and open use of the Strait," the US president said

Public monitoring of Siberian crane migration to continue in Yakutia

According to the latest data, 2,241 Siberian cranes from Yakutia's eleven districts have been registered

Houthis blame Riyadh for the strikes on Sanaa airport

The Foreign Ministry in the Houthi government has regarded the attack on the airport as a declaration of war

Venezuelan earthquake death toll reaches 4,561

According to the government’s daily bulletin, which Rodriguez published on his Telegram channel, as many as 16,740 people were injured

US resumes blockade of Iranian seaports — Trump

"All other countries will have fair and open use of the Strait," the US leader said

Azerbaijan considering complete withdrawal from Council of Europe, Aliyev says

According to the Azerbaijani president, his country has been discriminated against at the Council of Europe for two years already

Zelensky confirms two civilians brutally murdered by Ukrainian soldiers

Ten servicemen of the Ukrainian armed forces’ 155th Separate Mechanized Brigade have been detained, including the now former brigade commander Stanislav Luchanov

Brent crude tops $81 per barrel on ICE for first time since June 22

As of 8:28 p.m. Moscow time, Brent crude was up 6.59%, trading at $81.02 per barrel

Washington kicking Kiev Patriot license is bargaining ploy — Russian MP

According to Konstantin Basyuk, even if the license is transferred immediately, setting up full-scale production, training specialists, and establishing component supplies will take a long time

Russian forces hammer military infrastructure at Ukraine’s Chernomorsk Port

In addition, the strikes targeted a seiner re-equipped for launching uncrewed boats, a patrol boat and a dry cargo ship

Chinese, Russian naval forces to conduct patrols in Pacific — Chinese Defense Ministry

According to the statement, the patrols will "make a positive contribution to maintaining peace and stability at both the international and regional levels"

Gas explosion in LPR kills one, leaves another person trapped under rubble — ministry

Emergency services are working at the scene

Russian stock market closes higher across major indices

The MOEX Index gained 0.87% to close at 2,164.42 points, while the dollar-denominated RTS Index rose 0.93% to 889.88 points

Germany becomes hostage to Ukraine's military-industrial complex — politician

Viktor Medvedchuk noted that no facility in Europe was unattainable for Russia

Russian kamikaze drone crew eliminates large network of Ukrainian fortifications

The targets were located in several basements of buildings equipped as command posts and UAV control posts

Russia seeks sustainable peace in Ukraine conflict — Kremlin spokesman

According to Dmitry Peskov, The Ukraine process is currently on hold

Russia keeps modernizing its Armed Forces, says Putin

Russia will respond in kind to Ukraine’s attacks and its strikes will be much more powerful, the head of state said

EU imports record volume of gas from Yamal LNG plant in 2026 — FT

According to the analysts, the main buyers were France, Belgium, and Spain

Seven OPEC+ countries produce 6.56 mln bpd below plan in June — report

While the planned production target was set at 29.548 million bpd, actual output stood at 22.988 million bpd

Russia remained largest oil supplier to India and China in May — OPEC report

Russia supplied approximately 2.1 million bpd of crude oil to India in May

Russia, Iran discuss joint projects in gas industry — Russian Energy Ministry

The parties also discussed the advancement in preparing bilateral cooperation agreements

Iran, Russia nearing finalization of Russian gas supply contract — Minister

The main provisions of the final gas trade agreement between Iran and Russia have been agreed upon, Iranian Oil Minister Mohsen Paknejad said

Kiev’s counterattacks near Krasny Liman in Donetsk on decline — expert

The attempts to retake lost lines and positions have declined several-fold, Andrey Marochko said

US wants to be reimbursed for ensuring freedom of navigation in Strait of Hormuz — Trump

The US president added that Washington protects all Arab countries of the Persian Gulf

Iranian attacks on Arab countries violate international law — LAS secretary general

Nabil Fahmy stated that an infringement on the sovereignty of any Arab state required a unified and firm position from all alliance members