US President Trump: I cannot accept the original agreement! The new deal is great and fair. Thank you to the Canadian government and congratulations to them. May our two countries have many years of success together on this wonderful new project! !

US President Trump: I secured a "much better" deal for the United States, and as a result, the spectacular new Gordie Howe International Bridge spanning Detroit and Windsor, Ontario, Canada will open on July 27 as originally planned.

Russia's decision this week to ban diesel exports has roiled global energy markets, exacerbating shortages and sending prices soaring even in countries that no longer buy the fuel from Moscow. A spike in the price of diesel, which accounts for the largest share of global oil consumption, could ripple through the global economy because it is used in everything from industrial machinery and agricultural equipment to heavy-duty transportation and power generation. According to Kpler data, from July 1 to 10, Russia’s diesel and gas oil loading capacity was only an average of 234,000 barrels per day. This is down from 400,000 barrels per day in June and an average of about 817,000 barrels per day in 2025. Gulf oil consultant Tom Kloza said a combination of renewed fighting in the Middle East, Russia's halt in diesel exports and a shocking U.S. Energy Information Administration (EIA) report were driving distillate sellers out of the market. Vortexa analyst Mick Strautman said the reduction in Russian diesel exports means less available global supply, Forcing regular customers such as Brazil and Türkiye to compete with European countries and other importing countries for U.S. supplies. This could have knock-on effects on the power and agriculture sectors. If Türkiye keeps its own production for domestic use, the Mediterranean region will lose a source of diesel for power generation during peak summer demand. Rising diesel prices also mean farming costs could rise for farmers ahead of the southern hemisphere planting season and northern hemisphere harvest season - with farmers in Brazil and the U.S. Midwest competing for the same supply. Qilin Tam, head of refining operations at consulting firm FGE NexantECA, said that when the Strait of Hormuz is blocked, The US became the preferred supplier of diesel to the EU/UK, but now every extra barrel it sends to Latin America means one less barrel sent to Europe. And this is happening at a time when diesel inventories in the United States and the ARA region (Amsterdam-Rotterdam-Antwerp, Amsterdam-Rotterdam-Antwerp) are well below historical levels.

Mayor of Kiev, Ukraine: Russian bombings hit multiple areas of the capital, injuring six people.

European Mediterranean Seismological Center: A 4.9-magnitude earthquake occurred in the Seram Sea in Indonesia; the focal depth was 10.0 kilometers.

Iranian Foreign Minister: Iran has so far kept its promises and has not violated Article 9 of the Memorandum of Understanding like the U.S. Treasury Secretary. This violation is a continuation of other U.S. violations and mistakes.