President Trump called for NATO members to impose 50-100% tariffs on Chinese goods and cease Russian oil purchases to pressure an end to the russia-Ukraine war. The proposal follows Russian drone incursions into NATO member Poland's airspace.

Two former Microsoft sustainability and AI professionals have established the Enabled Emissions Campaign to challenge the company's technology partnerships with oil and gas companies. The campaign seeks accountability for emissions increases resulting from AI and cloud services that boost fossil fuel production efficiency.

Potential resolution of the Russia-Ukraine war presents opposing scenarios for petroleum markets, with peace potentially adding Russian barrels while escalation could drive prices higher. Energy analysts anticipate sentiment-driven volatility regardless of diplomatic outcomes.

Moscow's oil and gas receipts fell to $9.8 billion in July, marking a significant decline from previous year levels. Trump's expanded tariffs on India and enhanced EU sanctions are constraining Russia's primary war funding mechanism.

The EU has enacted its strongest sanctions package to date against Russia, featuring a reduction in the oil price cap from $60 to $45 per barrel and targeting energy infrastructure. The measures also include sanctions on more than 100 additional vessels in Russia's shadow tanker fleet.

Tesla CEO Elon Musk announced the formation of a new 'America Party' on social media, escalating his conflict with President Trump over recent legislation.

The recent US bombing of Iran has raised concerns about potential disruptions to global energy markets and supply chains.

President Donald Trump took to social media to demand oil prices remain low following US strikes on Iran, emphasizing his 'drill baby drill' agenda.

Tensions in the Middle East have put the spotlight on the Strait of Hormuz, a crucial maritime passage for global oil trade, raising concerns about potential supply disruptions.