Organisation of the petroleum exporting countries, or OPEC, has agreed to raise its oil production target by 188 thousand barrels per day from August, extending its phased increase in supply. The decision follows similar output hikes for June and July and is part of the group's plan to gradually reverse production cuts introduced in 2023.

Global oil supply set to rise again in August 

Residents of the small Russian town of Kireyevsk expressed shock and anger on Monday that an alleged Ukrainian drone had been downed over their houses, bringing down roofs and ceilings and putting their lives in danger.

Russians angry at downing of Ukrainian drone over their homes

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