EU’s crop yield projected to fall
Research firm Strategie Grains has cut all of its forecasts for this year’s grain crops in the European Union, predicting dry weather
IMF to ‘substantially’ cut global growth outlook — Bloomberg
The International Monetary Fund is expected to reduce its global economic growth outlook “substantially” in its next update
Russian fuel is flooding the Middle East – Bloomberg
Imports of Russian oil products to the Middle East hit a six-year high last month, while EU imports dropped 30%, Bloomberg reports
Saudi Arabia outlines what it will do for oil output
Crown Prince Mohammed bin Salman says Saudi Arabia is ready to increase oil production, but to no more than 13 million barrels per day
Russia requests documents on Nord Stream turbine return
Russia’s Gazprom asked Siemens for documents that would allow the company to return its gas turbine, following maintenance in Canada