Russian President Putin is to hold a call with Saudi Crown Prince MBS, Tass reports

The upcoming call between Russian President Putin and Saudi Crown Prince MBS could signal either cooperation or tension between the two powers regarding oil production and geopolitical alliances.

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The IRGC said that the situation in the Strait of Hormuz is under the full control of Iranian naval forces, Press TV reports

An Iranian security-political official has warned that the Islamic Republic will gradually increase its missile strikes against US and Israeli targets in retaliation for their ongoing war of aggression, Press TV reports

Russian President Putin is to hold a call with Saudi Crown Prince MBS, Tass reports

Indonesia Finance Minister Purbaya says Indonesia is on track to hit 6% GDP growth in 2026; says Trump is unlikely to allow high oil prices over the long term

India is actively considering raising its strategic petroleum reserves, according to reports citing the Indian Foreign Minister

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Investors should watch for indications of potential shifts in OPEC+ dynamics, which could impact oil prices significantly. Monitoring market reactions may provide insights into the sentiment surrounding energy and risk assets.

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