• Diesel prices top $5. Here's what it means for what you buy | 2026-07-17
  Diesel costs could extend financial pain beyond the gas pump, economists said.
• 10 killed in strikes in Ukraine and Russia | 2026-07-17
  Russia said it targeted military infrastructure, while Ukraine reported damage to homes, ports and other civilian areas.
• Ukraine's Zelenskiy aims to improve ties with Poland after row over military honour | 2026-07-17
  President Volodymyr Zelenskiy on Friday took steps to repair a rift with key ally Poland over his decision in May to name a Ukrainian army unit in ​honour of World War Two fighters who killed Poles.
• Thousands protest for second day in Kyiv over ouster of popular defence minister | 2026-07-17
  Protesters rallied for a second day in the Ukrainian capital on Friday, angered by President Volodymyr Zelensky's decision to fire youthful defence minister Mykhailo Fedorov, seen as an innovator who pioneered the country’s successful drone warfare but clashed with the traditional military establishment.
• Ukrainian soldiers criticise removal of popular defence minister | 2026-07-17
  Protests erupted in Ukraine on Thursday after Mykhailo Fedorov's removal - and now soldiers are also criticising the move.
• Ukraine: Trouble at the Top? Adieu Keir, Alright Andy | 2026-07-17
  In a week that’s seen rare wartime demonstrations in Ukraine protesting the ousting of Defence Minister Mykhailo (Misha) Fedorov after six months in a job in which he’s been credited with making a difference on the battlefield and in an anti-corruption drive. But he had reportedly clashed with Ukraine’s commander-in-chief, Oleksandr Syrskyi, over how the war should be waged.
• France blocks access to Polymarket website | 2026-07-17
  
• How Burnham’s team could reshape the Bank of England | 2026-07-17
  Taking a fresh look at the Bank’s role would send a strong signal that a Burnham government is prepared to do things differentlyUK politics live – latest updatesBusiness live – latest updatesWhen Louise Haigh – then a lowly backbencher – wrote a policy prospectus for the leftwing Renewal journal back in May, it contained a little-noticed nugget: a rethink of the Bank of England’s mandate.Haigh, who quit as transport secretary in 2024 after it emerged she had been convicted of fraud over a missing work phone, is back in frontline politics as a lynchpin of Andy Burnham’s operation. Economists are now asking whether the Bank, and the mandate it gets from the chancellor to solely target stable prices, will be in the new administration’s sights. Continue reading...
• Chartered oil tanker attacked by drones near Black Sea terminal, CPC says | 2026-07-17
  An oil tanker chartered for loading oil at the Caspian Pipeline Consortium ​terminal off Russia's Black Sea coast was attacked and ‌damaged by two drones on Friday, CPC said.
• Maine Democratic Senate candidates brand Collins a Trump enabler in debate | 2026-07-17
  Four top candidates vying to replace Graham Platner as the Democratic U.S. Senate nominee in Maine took to the debate stage on Thursday to ​make their case for why they should be the one to face Republican Senator Susan Collins in November.
• Burnham confirmed as leader of UK’s governing Labour Party, headed for PM | 2026-07-17
  Andy Burnham set to become UK prime minister but faces challenges including the cost of living crisis and two wars.
• Exclusive-Latvia in talks with strategic investor for ailing airBaltic, PM says | 2026-07-17
  By Andrius Sytas RIGA, July 17 (Reuters) - The Latvian government is negotiating with a strategic investor for struggling state-controlled airBaltic, Prime Minister Andris Kulbergs told Reuters, as
• Latvia in talks with strategic investor for ailing airBaltic, PM says | 2026-07-17
  The Latvian ​government is negotiating with a strategic investor for struggling state-controlled airBaltic, Prime Minister Andris ‌Kulbergs told Reuters, as the carrier seeks to shore up its finances and avert the risk of a default.
• Dismissal of Ukraine’s defence minister highlights wider issues for Zelenskyy | 2026-07-17
  Mykhailo Fedorov, celebrated by many for innovative, tech-driven approach, was sidelined for military old guardThe abrupt dismissal of Ukraine’s youthful and innovative defence minister, Mykhailo Fedorov, by Volodomyr Zelenskyy at precisely the moment Kyiv appeared to be gaining advantages in several spheres of its war with Russia has exposed, not for the first time, a troubling flaw in the president’s leadership.The move, which has startled senior European officials and caused consternation in Ukraine – where it has prompted demonstrations – is all the more shocking given Fedorov’s role in pushing a clear strategy to prosecute the war, leveraging Ukraine’s rapidly developing technological advances in drone and missile technology. Continue reading...
• Zelenskiy shakes up national security post as protesters rally for second day | 2026-07-17
  President Volodymyr Zelenskiy tapped Ukraine's former ‌top cop — Ihor Klymenko — to lead the national security and defence council, after his dismissal of a popular young defence minister sparked protests for a second day.
• Ukraine ‘cuts off’ Crimea from Russia, plunging it into an energy crisis | 2026-07-17
  Ukraine is ramping up short-, medium- and long-range drone production to bring Russia’s war to a standstill.
• Fuel crisis, attacks in Azov Sea tighten squeeze on Russian farmers | 2026-07-17
  ROSTOV REGION, Russia, July 17 (Reuters) - Vladimir Fedorchenko and his wife Lyubov are expecting a good harvest this year on their farm in southern Russia, and yet the couple are worried.
• Fuel crisis, attacks in Azov Sea tighten squeeze on Russian farmers | 2026-07-17
  Vladimir Fedorchenko and his wife Lyubov are expecting a good harvest this year on their farm in southern Russia, ​and yet the couple are worried.
• Phillips 66 (PSX) Stock May Trade At A Discount As Crude Tensions Rise | 2026-07-17
  After a strong five year run that has seen Phillips 66 return 236.3%, the stock now sits in an interesting spot where recent momentum and an undervalued read on earnings multiples meet a mixed overall valuation score. A roughly 236.3% return over five years puts Phillips 66 among the stronger long term performers, which naturally raises the bar for what counts as good value today. Improved refinery performance and cost reductions may support earnings power, while geopolitical tensions around...
• Western oil companies see 'fantastic' future in Iraq, sign agreements | 2026-07-17
  Western energy companies on Friday signed dozens of agreements with Iraqi ‌officials on oil and gas and pipelines as the OPEC member seeks to deepen relations with the U.S. and develop alternatives to the Strait of Hormuz for getting its energy to global markets.

News source: finlight