Trump told CNN he does not know whether Iran merits a deal or would comply with one, saying that uncertainty is the problem.

A night drone strike on Russia’s Saratov refinery sparked a fire, with NASA thermal imagery on Wednesday showing heat anomalies consistent with active flames; Saratov regional governor reported industrial damage and one fatality. The attacks, which Ukrainian forces have been carrying out almost daily in recent weeks to degrade Russian fuel output, have expanded to facilities thousands of miles from the border, including the Rosneft-owned Omsk refinery in West Siberia (design capacity ~140,000 bpd). Multiple key refineries have been taken offline, exacerbating nationwide gasoline shortages. Separately, two empty tankers in Taganrog Bay on the Azov Sea were struck in a drone attack; two people were wounded and no oil spill was reported. Industrial sites in Nizhnekamsk were also damaged overnight, according to regional reports.

US EIA gasoline production for the week to July 3 fell 233,000 b/d; prior week showed a 481,000 b/d increase.