... was primarily driven by positive news regarding the trade agreement between the US and the European Union, as well as geopolitical factors. US President Donald Trump announced a reduction in the timeframe given to Russia for resolving the conflict in Ukraine to 10–12 days, threatening enhanced sanctions, which added uncertainty regarding future energy resource supplies from Russia. The US-EU Trade Deal Supported the Market: Washington and Brussels narrowly avoided a trade war by agreeing on mutual tariffs and large-scale purchases of American energy resources by the European Union. This news improved ...

... 50%. These tariffs will take effect in 21 days and are a response to New Delhi's refusal to curtail its Russian oil imports. Previously, Washington openly threatened “three-digit” tariffs (100% and more) against nations continuing to buy energy resources from Russia, should Moscow fail to cease hostilities in Ukraine by the designated deadline of August 8. Although this deadline has passed, the U.S. signals that it is prepared to further tighten sanctions pressure on importers of Russian fuel. Both India and China may be at risk of American sanctions. The ...

... Council Meeting on Ukraine On Thursday, the UN Security Council will hold a meeting in New York dedicated to the conflict in Ukraine. Geopolitical tensions remain a risk factor for markets: escalating hostilities, new sanctions initiatives, or statements ... ... market, any signs of escalation or, conversely, diplomatic shifts are significant: a rise in conflict could lead to increased resource prices and a flight to safe assets, while indications of resolution would support risk appetite. For CIS investors, given ...

... doubling the total rate of U.S. tariffs on Indian exports from 25% to 50%. According to the document, the increase will take effect in 21 days. Trump had previously threatened “triple-digit” tariffs (100% or more) against countries purchasing energy resources from Russia if Moscow did not agree to cease hostilities in Ukraine by August 8—a date set by Washington as a deadline. While specific parameters for potential harsh sanctions have not been publicly clarified, the current step to double tariffs sends a clear signal to markets and trading partners. The justification ...

... continues to ramp up pressure on Moscow. President Trump has significantly shortened the deadline for achieving a ceasefire in Ukraine – the ultimatum given at the end of July allows about ten days – and has indicated that he is "not concerned" ... ... Russia. These might include immediate maximum tariffs on Russian goods and secondary sanctions against buyers of Russian energy resources. The prospect of such actions keeps market participants on edge, considering the potential risks to global oil and petroleum ...