Tamilla Hasanova

Hungary labels Russia a threat in a significant foreign policy shift.

Lithuanian President Gitanas Nausėda warned that NATO risks internal division if member states fail to converge on the five percent defence spending target by 2035, as most European countries currently remain below the threshold amid fiscal constraints.

Turkey's ruling party prepares a roadmap for a new Constitution at a meeting chaired by President Recep Tayyip Erdoğan.

NATO allies are considering a €70 billion military funding commitment for Ukraine, partly comprising existing EU loans, to improve transparency and equitable burden-sharing as the alliance seeks sustained support amid Russia's ongoing invasion.

Oil prices fall after Trump pauses Iran strike for talks

French presidential candidate Jean-Luc Mélenchon pledged France would exit NATO if elected, arguing the alliance subordinates Europe to US control, reflecting broader European debates on defence autonomy and geopolitical independence.

Oil prices rose as Iran-US tensions escalated, with Tehran adopting an offensive military stance and Washington rejecting ceasefire extensions, while Strait of Hormuz shipping stalled, raising energy supply disruption concerns amid Middle East conflict.

OPEC's crude oil output rose 2.34 million barrels daily to 18.75 million bpd in June as Gulf producers, led by Kuwait, Saudi Arabia, and Iran, restored exports following a US-Iran peace accord, though supplies remain significantly below prewar levels amid weak Chinese demand.

Iran's military command closed the Strait of Hormuz to all maritime traffic following US strikes, threatening to target any vessels transiting the critical waterway and warning of retaliation, risking major disruptions to global oil supplies and regional stability.

The European Union proposes sanctioning four Chinese companies accused of supporting Russia's war in Ukraine by supplying military components, chemicals, and shadow fleet assistance, escalating Brussels-Beijing tensions amid EU efforts to restrict Chinese imports.

NYT: Trump weighs renewed strikes on Iran as military plans ready

India-linked LPG tanker Sarv Shakti attempts rare Hormuz transit carrying 45,000 tons of gas to address severe energy shortages, marking first observed passage since US blockade reduced Iran-linked shipping traffic through the strait.

Oil prices rise toward $85 amid US-Iran military exchanges and supply security concerns.

President Trump arrives in Ankara July 7 with approximately 1,000-person delegation for talks with President Erdoğan covering defense cooperation, regional security, and NATO matters, marking one of the largest US visits to Turkey recently.

Arab states near Iran increasingly use covert ship-to-ship oil transfers to maintain crude exports amid Strait of Hormuz disruptions, stabilizing global oil markets despite regional tensions, maritime intelligence firm TankerTrackers reports.

The US considers expanding nuclear deployments in Europe to reassure allies of security guarantees.

Azerbaijan's UN representative states the country is committed to global energy security.

Polish PM Donald Tusk questions US loyalty to NATO defence commitments amid growing security uncertainty in Europe.