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- 1Russian oil output set to fall to lowest level since 2009●🇷🇺 Russian oil production is set to fall to its lowest level since 2009 According to Le Grand Continent, Russia’s oil ou
Russia's oil production is expected to drop to 494 million tonnes in 2026, a 3.4% decline from the previous year and the lowest level since 2009, according to Le Grand Continent. Observers are weighing what the decline means for Russia's economy, its refining capacity, and global energy markets amid ongoing sanctions pressure.
- 2Trump Rejects Iran's Ceasefire Proposal Over Strait of Hormuz●Trump Rejects Iran's Ceasefire Proposal for Strait of Hormuz
Donald Trump has rejected a ceasefire proposal from Iran concerning the Strait of Hormuz, the strategic waterway that carries a large share of the world's oil shipments. The refusal signals continued escalation between Washington and Tehran, with observers warning that tensions around the Gulf could disrupt global energy markets and draw regional powers further into the confrontation.