... around $69 per barrel after a recent price decline due to OPEC+’s decision to increase production and signs of weakening demand. European gas storage facilities continue to fill rapidly, now surpassing 71% of total capacity, mitigating fuel shortage risks ahead of the upcoming winter. In the domestic fuel market in Russia , authorities are implementing emergency measures to stabilize fuel prices—on August 1, a complete ban on gasoline exports was enacted to eliminate shortages at gas stations ...

... It significantly eased penalties for the possession and use of marijuana for adults. Key provisions of the reform include: Personal Possession: Adults are allowed to legally possess up to 25 grams of cannabis and up to 50 grams at home without the risk of criminal prosecution. Home Cultivation: Up to three cannabis plants are permitted per household strictly for personal consumption. Social Clubs: The establishment of non-profit “cannabis clubs” (limited to 500 members) is allowed. These associations ...

... long-distance transportation is covered by the discount. Routes: Supplies via the Suez Canal or around Africa are chosen based on freight rates and timelines. Payment Schemes: Utilizing friendly currencies and intermediary trading entities reduces operational risks. Impact on Indian Refinery Margins Increase in Gross Refining Margin (GRM): The discount to Brent raises the spread between crude prices and products. Optimization of Product Yields: Blending Russian and Middle Eastern grades allows for flexible ...

... shifts in policies from leading regulators (expectations for a rate cut from the Fed have notably increased) and accounted for the anticipated strong financial results from major companies. Overall, markets are in a wait-and-see mode, preferring to avoid risks until macroeconomic signals and outcomes of scheduled events become clearer. Fed Policy and Central Bank Expectations: Market Sentiment Although the decision from the US Federal Reserve is not expected until September, markets are already revising ...

... market, as the rules of the game for businesses are now standardized and clear across the EU. Asia: Approaches to cryptocurrencies in Asian countries vary, but there is a common trend toward gradually opening up the market while simultaneously managing risks. For instance, as of August 1, a new licensing system for stablecoin issuers and exchanges has been launched in Hong Kong — the region seeks to attract crypto businesses and become a leading hub, offering relatively liberal conditions while requiring ...