Moscow has been slowly boosting its crude production in line with a rising target under a months-long drive by the OPEC+ producer group to return supplies to the market. Since March, before the move began, Russia’s production target has increased by more than 500,000 barrels a day.

Russia has rescheduled its planned summit with Arab leaders in a last-minute move after only a handful of invitees agreed to attend. Details: Russia had been preparing for the summit since the spring,