Crimea Fuel Crunch: Ukraine’s drone barrage hit Kerch and Port Kavkaz, killing 4 and wounding 28, and Crimea’s authorities suspended civilian gasoline sales—fuel now goes only to state/emergency users—while ferry service was halted and fires were reported at fuel and LNG-linked terminals. Long-Range Energy Strikes: Zelensky confirmed strikes on Russian military logistics, oil infrastructure, and air defenses across the Kerch Strait, including an oil depot in Kerch and radar/air-defense sites; Ukraine also reported a major hit on the Tyumen (“Antipinsky”) refinery deep in Western Siberia. Logistics Pressure on Crimea: NATO said Ukraine’s interdiction is visibly limiting Russia’s ability to supply Crimea, with fuel shortages and constrained transport options as bridges and Kerch Strait links face disruption. India’s Hormuz Pivot: As the Strait of Hormuz reopens, India boosted June crude imports—Russia averaged 2.66m bpd (up from 1.91m in May) while UAE stayed near-record—showing continued demand for discounted Russian barrels. Russia–Vietnam Investment Push: RDIF and Vietnam’s SCIC agreed to expand bilateral investment cooperation across transport, logistics, digital infrastructure, LNG/gas-to-power, renewables, and industrial production. Food Trade Shielding: Africa and Asia are increasing imports of Russian food amid Hormuz uncertainty and El Niño worries, with Rosselkhozbank citing rising Russian agricultural exports.