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At least 16 tankers carrying 28 million barrels of crude oil from the Persian Gulf are expected in Europe in July and August, according to ship-tracking data compiled by Bloomberg.
The fleet includes 12 very large crude carriers (VLCCs) and four Suezmax-class tankers transporting oil from several Gulf countries. According to Vortexa, Iraq accounts for 16 million barrels of the total volume, while the UAE supplies 8 million barrels. Kuwait and Oman provide 2 million barrels each.

Индонезия официально предложила российским компаниям инвестировать в строительство плавильных и перерабатывающих заводов на своей территории, пообещав взамен гарантированные поставки никелевого сырья. Об этом заявил министр промышленности Индонезии Агус Гумиванг Картасасмита на выставке «Иннопром-2026» в Екатеринбурге 7 июля.
Фьючерсы на никель в ходе сегодняшней сессии торгуются на уровне $16 336,88 (-0,51%), что почти на $3 640 ниже 52-недельного максимума в $19 977,25 и хорошо выше годового минимума в $14 197,88.
«Норникель», крупнейший публично торгуемый российский производитель никеля, является очевидным потенциальным участником таких переговоров: именно его производственная экспертиза и финансовые ресурсы делают компанию первым кандидатом на роль инвестора в индонезийские перерабатывающие мощности.
«Мы ищем партнеров, чтобы развиваться вместе. Давайте начем с никеля. У нас запасы бокситов и олова. Нам надо развивать промышленность. Призываем российских партнеров инвестировать в плавильные перерабатывающие заводы. Мы же гарантируем поставки сырья», — заявил Картасасмита, слова которого приводит investfuture.ru со ссылкой на ТАСС.
Помимо никеля, индонезийская сторона пригласила Россию к совместному производству электромобилей и переработке других стратегических металлов. Индонезия располагает значительными запасами бокситов и олова, материалов, критически важных для аккумуляторов и высокотехнологичной продукции. Это предложение вписывается в устойчивую политику Джакарты: страна контролирует более 60% мировой добычи никеля и последовательно запрещает экспорт необработанного сырья, вынуждая иностранных партнеров размещать перерабатывающие мощности внутри страны.
Дополнительный политический импульс переговорам придает статус Индонезии как страны-партнера «Иннопрома» в 2026 году. Выставка проходит с 6 по 9 июля в Екатеринбурге и стала главной площадкой для двусторонних контактов в промышленной сфере. Министр промышленности и торговли России Антон Алиханов обозначил еще один системный фактор: соглашение о свободной торговле между ЕАЭС и Индонезией, подписанное в декабре 2025 года, уже ратифицировано российской стороной.
#RawMaterialsMarkets , #MarketTurbulence , #GlobalEconomicNews

Iran for the first time in seven years has started probing the ground to return to the Japanese oil market. Potential buyers are seeking longer relief from U.S. sanctions and additional security guarantees before committing to purchases of crude oil, Reuters reports, citing Iranian and Western sources.

Oil prices fell on Monday after OPEC+ agreed to increase production quotas for August, strengthening expectations of rising crude oil supply on the back of the recovery of exports through the Strait of Hormuz.
At 04:21, U.S. crude oil futures for WTI fell by 0.5% to $68.78 per barrel. Brent oil futures had not started trading yet at that time.

Global food prices fell slightly in June after a ceasefire between the United States and Iran eased concerns about new disruptions in supply chains. Bloomberg reports this.
The UN Food Price Index fell by 0.3% in June compared with the previous month, mainly due to grains and sugar, according to a report released on Friday by the Food and Agriculture Organization (FAO).

Copper rose along with other industrial metals amid a weakening US dollar and lower expectations that the Fed will raise interest rates in the coming months. Bloomberg writes about this.
“Red metal” rose on the London Metal Exchange (LME) on Friday by almost 1%, allowing it to end a two-week streak of declines. Weak US labor market data reduced expectations for borrowing costs and eased some of the downward pressure on industrial demand. The US dollar index has been falling for the second day in a row, making metals cheaper for holders of other currencies.

The Australian government said on Friday that China Mineral Resources Group’s efforts to reduce costs for Chinese steel mills could lead to lower iron ore prices in the medium term.
The Department of Industry, Science and Resources made the statement in its quarterly resources and energy report. Australia is the world’s largest exporter of iron ore, and the commodity is the country’s main export earnings item and an important source of government revenue. China buys about three quarters of the world’s seaborne iron ore trade.

Wheat on Euronext fell on Thursday amid a stronger euro and expectations of a large harvest in the Black Sea region. Corn futures hit new contract highs as forecasts of prolonged hot and dry weather pose a threat to crops in Western Europe.

Kyrgyzstan has appealed to Kazakhstan, Belarus, Azerbaijan, Uzbekistan, and Turkmenistan for help in ensuring stable fuel supplies. Kyrgyz authorities fear a shortage due to Ukrainian strikes on Russian refineries, Reuters reported on Thursday, July 2, citing a statement from the Kyrgyzstan Ministry of Energy.

India should expand its oil and fuel storage capacity while oil prices remain low, said on Thursday the Minister of Petroleum and Natural Gas Hardeep Singh Puri.
According to him, the country's total crude oil stocks in ports, terminals, oil refineries, and strategic oil reserves currently ensure supplies for 76–80 days. Puri added that New Delhi “must have more.”

Saudi Arabia exports the largest volume of oil from the Persian Gulf since the war with Iran blocked the Strait of Hormuz: producers across the region are increasing shipments following an interim peace deal between Washington and Tehran. Bloomberg reports on this.

Wheat prices on the Euronext exchange fell on Tuesday to the lowest level in two weeks, while corn futures reached new contract highs. According to traders, the market continues to assess the more significant damage caused by the extreme heat in late June to corn crops compared with wheat.

According to data from the U.S. Energy Information Administration published on Tuesday, crude oil production in the United States reached 13.93 million barrels per day in April, setting a historical record. Producers increased output in response to higher oil prices driven by the war in Iran.
According to the EIA, in April production rose by 216,000 barrels per day. Mexico set a national record: output reached 2.37 million bpd.

Aluminum is moving toward its biggest monthly drop since 2008, as expectations of a return of lost supplies from the Middle East have led to a rapid unwinding of the rally sparked by the war in Iran. Bloomberg reports this.
In June, the metal fell by more than 15% after an interim peace agreement between the United States and Iran sparked optimism about the resumption of Middle East shipments amid the opening of the Strait of Hormuz. This erased gains over the previous three months, driven by the loss of supplies from the region, which accounts for nearly one-tenth of global production.

Since the start of the year — after reaching a record high at the end of January — gold prices have already fallen by more than 7%, and since the start of the war in the Middle East, they have dropped by more than 20%. Nevertheless, analysts at Goldman Sachs believe that this kind of trend does not mean an end to the rise in precious metal prices this year, Yahoo Finance writes.

After nearly three years of sharp price fluctuations, lithium is showing a rapid recovery in 2026. Despite the fact that prices have more than doubled from last year's lows, Bernstein believes the rally is more in the middle of the journey rather than approaching its peak.

Oil prices fell during Asian trading on Friday and continue to move toward a third consecutive weekly decline: improved shipping through the Strait of Hormuz and optimism about a peaceful agreement between the US and Iran outweigh concerns raised after an attack on a cargo ship near Oman.

UAE's oil exports bounced back to nearly 85% of pre-war levels with Iran at the start of June, as reported by Bloomberg.
The recovery kicked in even before Washington and Tehran struck a provisional peace deal. The Gulf nation ramped up its pipelines, storage, and alternative supply routes. This is highlighted in the IEA report.

The Baltic dry index fell on Monday due to a decline in freight rates across all vessel categories.
The main Baltic index, reflecting rates for capesize, panamax, and supramax vessels, dropped by 38 points, or 1.4%, down to 2,684.
The capesize index decreased by 75 points, or 1.8%, down to 4,074. In the previous session, it hit the highest level since June 10.

U.S. military is coordinating dozens of secret operations for ship-to-ship oil transfers at the exit of the Strait of Hormuz, utilizing aircraft, maritime drones, and helicopters to escort convoys to the waiting tankers. This is reported by Reuters citing sources.
The operation employs a "tanker" technique that Iran has long used to circumvent sanctions. The transfer occurs at two points in the Gulf of Oman – off the coast of Fujairah in the UAE and at the Omani port of Sohar. According to shipping statistics and satellite images analyzed by Reuters, it began in early May, involving at least 116 vessels.