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Ahead of the NATO summit in Ankara on July 7-8, European leaders are reportedly set to announce a two-year aid package for Ukraine worth at least €140 billion, with the United States declining to contribute. NATO members have yet to agree on the timing of future assistance, with Italy opposing the extension of aid into 2027.
Palestinian health authorities report at least eight Palestinians killed and 26 injured in Israeli strikes on Gaza over the past day, raising the death toll since the October 2025 ceasefire to 1,053. Hamas has accused Israel of genocide and ceasefire violations, demanding international intervention.
Seven OPEC+ producers, including Saudi Arabia and Russia, agreed to increase oil production quotas by 188,000 barrels per day from August, marking the fifth consecutive monthly hike. The move comes as shipping through the Strait of Hormuz gradually returns to normal following the US-Israeli war with Iran, though output remains below pre-conflict levels.
Funeral processions for Iran's late Supreme Leader Ali Khamenei have begun in Tehran and Najaf, with week-long ceremonies planned across Iran and Iraq before his burial in Mashhad. Khamenei was killed in late February in joint US-Israeli strikes, and his son Mojtaba has succeeded him.
The funeral procession for Iran's late Supreme Leader Ayatollah Ali Khamenei began in Tehran on Monday, with authorities preparing for massive crowds. State media reported that mourners gathered in Imam Hussein Square, and an effigy of President Trump was hanged. The event is seen as a display of strength by the regime, with attention on succession as his son Mojtaba has not appeared publicly.
Millions of mourners filled Tehran's streets for the funeral procession of Ayatollah Ali Khamenei, who was killed in a US-Israeli strike. The ceremonies, steeped in political messaging, come amid internal fractures and a regional war on hold. Attention remains on his successor, Mojtaba Khamenei, who has not appeared publicly since taking power.
Two Cameroonian women granted withholding of removal in the US were transferred to Equatorial Guinea and then deported to Cameroon, raising concerns about refoulement. Reports indicate the US has sent over 200 people to at least 10 African states under third-country transfer agreements, with dozens of asylum seekers among them.
The UN human rights chief has warned that Sudan's conflict is spiraling as drone strikes kill dozens in El Obeid, with sexual violence and mass displacement worsening the humanitarian crisis. The call for international action comes amid broader global instability.
Iran prepares for the funeral procession of slain Supreme Leader Ayatollah Ali Khamenei, with massive crowds expected in Tehran. International leaders pay tribute, while Israel monitors the event and regional tensions persist.
Defence Secretary Dan Jarvis has urged Andy Burnham, expected to become UK prime minister, to commit to a trajectory towards Nato's 3.5% of GDP defence spending target. Reports detail a £4.7bn funding gap in the defence investment plan and Treasury's lack of analysis on trade-offs, while Nato's chief expresses confidence in Burnham's commitment.
New York Times reporters Maggie Haberman and Jonathan Swan's new book, 'Regime Change', documents Donald Trump's second term, describing it as an 'Imperial Presidency' that is fundamentally remaking the office. The book details the administration's secretiveness, particularly regarding Trump's health, and how Trump has avoided the establishment influences that constrained his first term.
US President Donald Trump will meet Ukrainian President Volodymyr Zelensky and Syrian President Ahmad al-Sharaa on the sidelines of the NATO summit in Turkey, as he pushes to end the war in Ukraine. Trump will also meet Turkish President Recep Tayyip Erdogan and hold a press conference, according to White House officials.
Egyptian President Abdel Fattah el-Sisi inaugurated the Octagon, a sprawling new military and administrative complex in the new administrative capital east of Cairo. The facility, described by observers as the world's largest defense ministry building, marks a major step in Egypt's military modernization and has drawn attention in Israel and across the region.
India is expanding domestic crude exploration following disruptions caused by the Middle East war and Strait of Hormuz restrictions. Oil minister Hardeep Singh Puri says the energy crunch has spurred efforts to tap unexplored areas, while India has diversified its crude suppliers from 27 to 41 countries.
Chinese Foreign Minister Wang Yi called on Sweden to help rebuild trust between the two countries during a meeting with Prime Minister Ulf Kristersson in Stockholm. The visit is part of a wider tour of Nordic countries and comes amid EU trade tensions and shifting geopolitical dynamics.
Iran's week-long funeral ceremonies for former Supreme Leader Ali Khamenei continue, with crowds gathering in Tehran and processions planned across Shia holy cities. The events are marked by heavy symbolism and official messaging, while concerns over security and succession loom.
President Donald Trump celebrated America's 250th anniversary with a speech on the National Mall, highlighting the nation's achievements and potential while acknowledging challenges abroad and at home. Meanwhile, South Korean President Lee Jae Myung congratulated the U.S., calling South Korea a 'precious partner' and emphasizing the alliance's future cooperation.
As Washington and Tehran negotiate an end to the US-Iran war, the Gaza Strip—the conflict's original flashpoint—has receded from focus. Palestinians express abandonment, and a preliminary peace text omits Gaza, while Cairo talks continue on the territory's future.
Turkish President Recep Tayyip Erdogan said Israel 'must not be allowed to spread the smell of gunpowder and blood in our region again' during a meeting with Pakistan's PM. He also announced a cooperation plan with Pakistan. Separately, reports indicate Turkey is developing a space and ballistic missile launch site in Somalia, which could pose a threat to Israel.
Europe's daily LNG imports dropped to a 20-month low in early July 2026, despite heatwave-driven demand and the need to refill storage, according to TASS calculations based on Gas Infrastructure Europe data. In June, imports also hit a ten-month low amid competition with Asia, while LNG still led Europe's gas supply mix for the first half of the year.