The Kremlin said Europe is buying natural gas on spot markets at prices higher than Russian gas, harming its own interests.

Iran has signaled willingness to escalate its confrontation with the United States after an initial attack on a U.S. warship, with senior leaders issuing increasingly hardline warnings. Facing mounting economic pressure and worries that control over the Strait of Hormuz is weakening, Tehran is adopting a more aggressive posture; a U.S. maritime blockade has left Iran almost unable to export oil, its main revenue source. Analysts say the situation raises the risk recent clashes could broaden toward full-scale war and that Iran is likely to try to intensify military pressure while avoiding outright war, aiming to push global oil prices higher or force a closure of the Strait of Hormuz.

Apple (AAPL.O): C2 modem chip will support 5G mmWave in the US.