The main events by the morning: June 25

• Russian oil has broken two records at once: a record high price and record low imports. The cost of a barrel of Urals crude oil last week exceeded $68, which was the highest since January. Now the price of Russian oil has dropped to $65-$65.23 per barrel. At the same time, shipments fell to a minimum in 2 months — 220 thousand barrels per day. During the week, this figure decreased by 4%.

• The duty on wheat exports from Russia has been reduced 2.3 times since June 25. Now the duty rate is 248.3 rubles against 566 rubles per ton a week earlier, the Ministry of Agriculture said. The duty on barley will once again be zero, and on corn it will decrease to 358.1 rubles from 397.3 rubles per ton. The new rates will be valid until July 1.

• Some American media outlets claim that the United States has failed to destroy Iran's nuclear program. CNN, citing U.S. intelligence, notes that the main components of the country's nuclear program have not been destroyed. The US attack most likely only set the nuclear program back a few months. Trump critically disagrees with the intelligence data and publicly defends the success of the attack on Iran. 

• China has become more interested in building the Power of Siberia-2 amid the conflict between Iran and Israel. It showed that oil supplies from the Middle East may not be so reliable, and China needs stable alternatives. However, the problem is that China is trying to promote not very favorable conditions for the Russian Federation and purchase gas at almost the same price at which it is sold on the Russian domestic market. 

• The UK will spend the proceeds from the Russian frozen assets on missiles for Ukraine. The country will supply 350 latest air defense missiles. The ammunition is planned to be used with the help of Raven systems previously supplied by the UK — five of them are still on their way to Ukraine.