ENI said its refineries will operate at maximum capacity in Q3.

India's July economic report warned a sustained rebound in global oil prices could again pressure financing for the fiscal deficit and the current-account balance.

A promotion event for the 140th Canton Fair was held in Istanbul on the 28th, with Chinese and Turkish political, business and financial delegates discussing deeper China‑Turkey trade ties and ways to link buyers and exhibitors. China’s consulate in Istanbul said cooperation has expanded across minerals, agricultural products, machinery and electronics, textiles, and building materials/home furnishings, and flagged broad prospects in new energy, digital economy, artificial intelligence and infrastructure. Organizers invited Turkish firms and buyers to attend the Canton Fair and to inspect Chinese industrial and supply‑chain capabilities.