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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.
Analysts said that the U.S. Treasury Department auctioned US$22 billion of 30-year Treasury bonds this time, with a winning bid yield of 5.058%, 0.3 basis points lower than the pre-auction market level, and a bidding multiple of 2.44, which is a good performance. Among them, indirect bidders (mainly overseas institutions) accounted for 77.74%, showing that after the yield rose above 5%, foreign investment willingness to undertake significantly increased; while domestic direct bidders in the United States accounted for only 12.24%. Domestic demand is relatively weak. This shows that the current purchase of U.S. bonds by foreign capital is increasingly price-driven - only when the yield provides sufficient compensation (covering duration risks and fiscal sustainability concerns) will they actively enter the market. This is not a trend of "massive reversal", but a manifestation of opportunistic allocation, with high returns becoming the main attraction. The short-term benefit is that it effectively alleviates the upward pressure on long-term yields and avoids tail risks. For gold, it is neutral to bearish. The high absolute yield still maintains the holding cost of gold, and the short-term shock and rebound pattern is likely to continue unless the real interest rate reaches an obvious turning point. Overall, The recovery of long-term demand for U.S. bonds still relies on the attractiveness of yields, rather than unconditional demand for safe havens.
The U.S. Centers for Disease Control and Prevention reported that a U.S. citizen in the Democratic Republic of the Congo has been diagnosed with the Bundibugyo Ebola virus.
Acting Director of National Intelligence: Launching the third round of the "Redundant or Non-Key Personnel Reduction" program.
European Mediterranean Seismological Center: A magnitude 4.2 earthquake occurred in Northern California, USA; the focal depth was 10.7 kilometers.
Ukrainian authorities: Russia launches missile attack on Ukrainian capital Kiev.
According to AXIOS: U.S. President Trump and the Saudi Crown Prince held talks on Friday on regional issues, including U.S.-Iran negotiations.
According to Axios: A U.S. official said, "If they (Iran) don't make a relevant statement tomorrow, tomorrow will not be a good day for them."
Senior US official: Iran is expected to declare the Strait of Hormuz free of tolls and promise not to fire on ships.
Senior U.S. official: Iran said the recent attacks on ships were caused by deviations in its internal systems.
Senior US official: The United States will not reach an agreement with Iran if it cannot obtain a clear commitment on Iran's nuclear issue.
Senior U.S. official: The United States has the military means to ensure that Iran’s nuclear facilities cannot operate.
Senior US official: The US-Iran dialogue has made progress, but in the end it will either reach an agreement or it will not.
Senior U.S. Official: The United States is demanding that Iran make a public statement committing to stop firing on ships in the Strait of Hormuz and confirm that all shipping lanes remain open.
U.S. State Department: U.S. Secretary of State Rubio had a phone call with Saudi Foreign Minister Faisal.