ECB Governing Council member Nagel: The ECB’s mission is to maintain price stability, not to satisfy banks.

European Central Bank Governing Council Nagel: The abolition of the reserve interest rate is for monetary policy reasons.

Russian President Vladimir Putin: We are close to reaching an agreement to supply free food to Africa, and supplies will start in the next two to three weeks.

Russian President Vladimir Putin: Russia plans to continue exporting grains and fertilizers.

Russian President Vladimir Putin: Gazprom has submitted a roadmap for a gas hub to Turkey.

Russian President Vladimir Putin: Russia has supplied more than 10 billion cubic meters of natural gas to Turkey so far this year.

European Central Bank President Christine Lagarde: It is crucial for central banks to keep inflation expectations firmly anchored when relative price movements occur.

ECB President Lagarde: The ECB will bring inflation back to 2% in time.

European Central Bank President Lagarde: It is when people are most concerned that central banks should communicate key messages to ensure that these expectations remain solid.

Sources: Iranian oil exports expected to slow for rest of year.

Source: Iran’s oil supply peak is coming.

According to TASS: The defense ministers of Russia and Türkiye held separate meetings.

According to TASS: The Putin-Erdogan meeting lasted three hours.

According to TASS: The talks between Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan have ended.

Shipping company Hapag-Lloyd CEO: Our shipping volume in 2023 will be slightly higher than in 2022.

CEO of shipping company Hapag-Lloyd: In our opinion, the growth of global ship supply will exceed the growth of demand in 2024 and 2025.

Bank of Israel: Inflation is moderating but remains above target range.

The Bank of Israel kept its benchmark interest rate unchanged at 4.75%, as expected.