Brent crude falls to $72.9 and other news
Global oil prices have declined amid incidents in the Strait of Hormuz, where Iran has begun blocking tanker traffic. At the same time, the reconstruction of Ukraine is being discussed in Poland, and the US has closed its borders to refugees.
The price of Brent crude (the benchmark grade that influences the ruble's exchange rate) fell to 72.9 dollars per barrel. The decline occurred against the backdrop of an escalation in the Strait of Hormuz—a key route for fuel exports. Iranian authorities forcibly turned back four tankers there, causing the UN International Maritime Organization (IMO) to suspend the evacuation of 11,000 sailors stranded in the region.
For those following the situation in Ukraine: a conference on the country's reconstruction has opened in Gdansk, Poland. The forum is taking place without the participation of the presidents of Poland and Ukraine due to current disagreements between Warsaw and Kyiv. Participants are discussing the coordination of financial aid and future construction projects.
Changes have occurred in international travel rules: the US has officially stopped accepting refugees. The restriction was introduced based on a decision by the country's Supreme Court. Meanwhile, in Venezuela, the death toll from the recent earthquake has risen to 230 people, with more than 1,500 residents reported injured.
Read more news—about record heat in France, Viktor Orbán's position on Ukraine, and Donald Trump's statements on NATO—in the "News" section of our app.