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Oleksiy Danilov, secretary of the National Security and Defence Council, told the Wall Street Journal that the delivery of these multiple rocket launchers from the U.S. allowed Ukraine's Armed Forces to strike Russian military targets far behind the front lines. The Russians “are defenseless against them,” he said. “They are very worried.”

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7:17 PM

Russia's crude exports fall to lowest level since February.

Seaborne crude flows averaged 3.12 million barrels a day over the four weeks to July 6, a 3% decline from the previous period ending June 29, according to tanker-tracking data compiled by Bloomberg. That's the lowest level recorded since the four-week period ending Feb. 23.
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