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Judo Bank economic adviser Warren Hogan said the Reserve Bank of Australia remains uneasy about the inf outlook and keeps the option of further rate hikes open. Despite escalation in the Iran conflict, Brent crude is only around $77/bbl, and market p

2026-07-13

Judo Bank economic adviser Warren Hogan said the Reserve Bank of Australia remains uneasy about the inf outlook and keeps the option of further rate hikes open. Despite escalation in the Iran conflict, Brent crude is only around $77/bbl, and market pricing suggests any supply shock will be contained rather than persistent. The RBA wants greater confidence that the fuel-price shock will not have lasting effects; it has not reached that level of certainty.

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2026-07-13

FT reports EU imports of LNG from Russia's Yamal project reached a record 9.89 mln t in 1H2026, up 18% YoY, Kpler data show. NGO Urgewald estimates Europe may have paid up to €6 bln for those cargos. Biggest buyers were France (3.6 mln t), Belgium (2

FT reports EU imports of LNG from Russia's Yamal project reached a record 9.89 mln t in 1H2026, up 18% YoY, Kpler data show. NGO Urgewald estimates Europe may have paid up to €6 bln for those cargos. Biggest buyers were France (3.6 mln t), Belgium (2.9 mln t) and Spain (2.7 mln t). Under current EU rules purchases of Russian LNG via short-term contracts are banned, requiring customs to verify imports are covered by long-term contracts; from Jan. 1, 2027 the EU will ban imports of Russian LNG under long-term contracts.
2026-07-13

According to the Iranian News Agency (IRNA): A massive explosion occurred at a US military base in Kuwait.

According to the Iranian News Agency (IRNA): A massive explosion occurred at a US military base in Kuwait.
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