UK Ministry of Defence said it will deploy RAF Typhoon fighters to carry out defensive air superiority missions to help protect Saudi Arabia's cities and critical national infrastructure from air attack.

On the 20th, Ukrainian President Volodymyr Zelenskiy said in an interview he urged the US to let Ukraine decide on election timing, arguing open, democratic voting is impossible during wartime amid drone and missile threats. He said Russia raised the election issue hoping a change of Ukraine’s president would ease pressure on Moscow, and expressed surprise the US now holds a similar stance. If elections are to proceed, he said voting arrangements must be created for frontline troops, Ukrainians abroad and citizens inside Ukraine.

Reserve Bank of India (RBI) has tightened scrutiny of large outbound corporate investments to curb capital outflows amid rupee weakness. Last week the RBI sent banks a standardized due-diligence checklist seeking details on overseas direct investments above $1.0bn and on transactions exceeding four times the investee's net worth (the regulatory cap). The rupee is down over 5% YTD amid strong dollar demand and outflows. The step follows earlier tightening of corporate FX-hedging rules and measures to limit importers’ dollar purchases; the RBI has not introduced new formal limits on such outbound investments.