... restrictions: a curfew was imposed, communication was blocked for months, and thousands of additional troops were deployed to the region to quell potential unrest. Pakistan sharply condemned this step, claiming that India unilaterally altered the status of the disputed territory and thereby buried hopes for dialogue. Islamabad expelled the Indian ambassador, downgraded diplomatic relations, suspended bilateral trade, and intensified efforts on the international arena to draw attention to the Kashmir issue. India, for its part, asserted that the Kashmir issue was its internal affair, and its strict policy was driven by a necessity to combat terrorism and separatism....

... important mark of $72). The American WTI is hovering around $69–70. Price increases are fueled by several factors: U.S.-EU trade thaw. The establishment of a framework agreement between Washington and Brussels prevented escalation of a long-standing trade dispute. The parties agreed on mutual tariff reductions and a substantial increase in U.S. energy exports to Europe, improving investor sentiment and enhancing expectations for increased demand for U.S. oil and gas. Furthermore, the U.S. has intensified ...

... hopes for household spending resilience despite high inflation; however, the GfK consumer confidence index fell slightly (to -19 points from -18), reflecting public caution. Key drivers of sentiment in Europe remain news on global trade. Amid ongoing trade disputes, European companies are incurring costs due to reciprocal tariffs – for instance, a recent report from Volkswagen AG showed a more than 30% decline in operating profit in Q2, partly due to additional tariffs on exports to the US. Investors ...

... important level of $72 per barrel. American WTI is hovering around $69. The pricing uptick is fueled by several factors: U.S. Trade De-escalation with Partners. The framework agreement between Washington and Brussels has helped avoid an escalation of the trade dispute. The parties agreed on mutual tariff reductions and a significant increase in American energy exports to Europe, which has improved investor sentiment and raised expectations for growth in U.S. oil and gas demand. Additionally, the U.S. has intensified ...

... agreements have been made to reduce duties and increase U.S. energy exports to Europe, bolstering investor confidence and heightening expectations for increased demand for oil and gas. Additionally, the U.S. and India have made strides in resolving trade disputes, easing global tensions. Meanwhile, the summer holiday and travel season supports elevated consumption of gasoline and jet fuel in major economies, further fueling oil demand. Geopolitical risks and sanctions. The U.S. administration is ramping ...