Russia plans diesel export ban & more today
Potential fuel shortages and rising tensions on key trade routes could influence energy prices. In France and South America, extreme weather events, accidents, and natural disasters are also claiming numerous victims.
Consumers must expect potentially rising fuel costs as Russia considers an export ban on diesel. The reason is an acute shortage at Russian gas stations. At the same time, Iran is claiming sole control over the Strait of Hormuz (a key oil trade route). Such geopolitical tensions at trade hubs often have a direct impact on global market prices.
In France, an extreme heatwave has led to increased mortality. Local health authorities reported approximately 1,000 additional deaths since last Wednesday, with elderly people being primarily affected. Also in France, near the city of Nancy, eleven people were killed in a plane crash during a skydiving course.
Meanwhile, German rescue workers are deployed in Venezuela to recover survivors following the severe earthquakes with at least 1,430 deaths. The rescuers are searching the rubble for those buried in a "race against time."
Further reports, such as on the state of emergency in Crimea or the US-Iran conflict, can be found in the news section of the app.