Ukrainian President Zelenskiy said the Defense Ministry and the armed forces need a unified stance on mobilization and airspace protection.

Tianfeng Securities says H1 oil market saw geopolitically driven volatility—Brent spiked near $120/bbl then fell—and while a recent Strait of Hormuz flare-up is manageable, the market’s pricing logic is shifting from extreme geopolitical risk to a three-way dynamic of geopolitical tail risk, political intervention and fundamentals. The firm expects H2 to feature wide swings with upside capped and downside supported, projecting a Brent central range of $70–75/bbl.

Canada May wholesale sales YoY +0.2%; prior +6.3%.