Slovak President Pellegrini: Slovakia will not participate in a new round of 70 billion euros aid plan for Ukraine, nor will it provide weapons to Ukraine or fund its further arming.

Falling oil prices usually mean the price consumers pay for fuel also falls... but that's not necessarily the case this time. There is a risk that market models are too reliant on crude oil price trends, leading to widespread expectations that consumers and businesses will usher in lower energy costs. However, if you’ve paid attention to gas stations lately, you’ll find that’s not the case. A huge spread has emerged between the price of refined products and crude oil, even prompting Trump to threaten action against oil companies. But the problem is not the oil companies; Rather, the refineries lack adequate supplies of crude oil. The real problem lies in the "crack spread". The crack spread reflects a refinery's profit margin after processing crude oil into fuel. "Cracking" refers to the refining process of breaking down heavy hydrocarbon molecules into lighter oils. The most common "3-2-1 crack spread" assumes that a refinery purchases 3 barrels of crude oil to produce 2 barrels of gasoline and 1 barrel of distillate (such as diesel or heating oil). Currently, the 3-2-1 crack spread has surged to a record high of $65 per barrel. This means, Refineries can purchase crude oil at a spot price of US$71 per barrel and process it into refined oil products such as gasoline and diesel worth approximately US$136. This situation is likely because refineries cautiously replenished inventories during the war, or were unable to operate normally due to the conflict, especially in the Strait of Hormuz region, where more than 10% of the world's refined oil products are refined. "The upshot is that it is global supplies of refined products that are really tightening, not crude oil itself," National Bank of Canada wrote in its latest report. "As a result, consumers may see only a limited pullback in fuel prices in the short term. In the meantime, Diesel prices remain high and transportation costs remain high, which will also continue to put upward pressure on the prices of other consumer goods. "

The Yemeni Foreign Ministry reiterated that Yemen will continue to support Iran in the face of continued aggression by the United States and Israel.

An analyst said that as the mid-term elections for the U.S. Congress in November approach, time is becoming increasingly unfavorable for President Trump. Currently, the United States is locked in a costly and unpopular war with Iran. Wolfgang Pustel, a former Austrian defense attaché, said: "President Trump is very clear that the negotiations he originally hoped to start based on this memorandum of understanding have not succeeded." He said: "Iran has resumed work related to its nuclear program and continues to attack passing ships in the Strait of Hormuz. Therefore, Trump has nothing to deliver to American voters. "If Trump makes concessions to Iran now, the situation may be even worse for him, and the Republican Party will pay the price in the mid-term elections," Pustai added. "

U.S. Ambassador to NATO Whitaker: Turkey's F-35 fighter jet deal will be completed if legal conditions are met.

According to Iranian media Fars News: Iran’s Revolutionary Guards previously targeted U.S. rocket launch systems during a drone operation in Kuwait.