Ukrainian Foreign Minister Andrii Sybiha has called for tougher energy sanctions against Russia after Russia bombarded Kremenchuk and ahead of the G7 summit in Canada. Source: Sybiha on X (Twitter) Details: Sybiha noted that the barbaric attack on Kremenchuk's energy infrastructure is part of Russia's campaign to bomb Ukraine's civilian energy

The US is resisting calls from European governments to reduce the G7 price cap on Russian oil from $60 to $45 per barrel, frustrating efforts by the EU and UK to increase financial pressure on Moscow as leaders meet for a G7 in Canada.

Wall Street opened slightly lower while oil and gold rose as Tuesday marked the fifth day of fighting between Israel and Iran, with the risk of a widening conflict dampening risk appetite in a week also packed with key central bank decisions.

The G7 Summit, scheduled to take place from June 15 to 17 in Kananaskis, Canada, will include discussions on reducing the price ceiling for Russian

The G7's legacy will be measured not by the volume of its communiqués, but by its willingness to act and adapt when it matters most. In this crucible of geopolitics, the G7's test is not just of solidarity,

The 27-nation bloc is struggling to meet a self-imposed deadline to cut Russian imports: Coal purchases are now nearly nonexistent, but several nations are still reliant on gas from Moscow.

We also discuss how China is maintaining a strong grip over rare earths, despite U.S. and China trade officials striking a deal last week in London.

As world leaders convene for the G7 summit in Alberta, Canada, on June 16, 2025, an escalating conflict between Israel and Iran will probably be one of the issues taking centre stage.