Ukrainian President Zelenskiy said Ukrainian forces struck an oil depot in Russia's Krasnodar region and two refineries in the Ufa area.

ANZ researcher Khoon Goh says Singapore core inflation could continue to accelerate and peak above 3% in early 2027 before easing thereafter. Rising oil has lifted petrol and other energy costs, but ANZ sees no evidence yet of second‑round price effects broadening across the economy; however, lagged pass‑through from higher oil could push inflation modestly higher in coming months. ANZ projects average core inflation of 2.1% in both 2026 and 2027.

UK government: steel safeguard quotas and the 25% additional safeguard tariff will cease to apply after 30 June 2026.