Iran is reportedly preparing to mine the Strait of Hormuz, a move that would spike global oil prices and give a significant boost to the Russian economy and its war machine in Ukraine.

Reuters reported on July 1 that Iran loaded naval mines onto vessels in the Persian Gulf last month, citing two U.S. officials, who said the preparations had been detected after Israel launched its "preemptive" attack against Iran on June 13.

Amid the conflict with Israel which has currently settled into an uneasy ceasefire, Iran has repeatedly threatened to block the Strait of Hormuz as a means of deterrence.

If the Strait were mined, Iran could block one-fifth of global oil demand and spike world energy prices — a boon for Russia's oil-dependent economy.

"Any disruption to Gulf supplies would push up global crude prices. Prices for Russian crude would rise in line," John Gawthrop, Argus Eurasia Energy editor, told the Kyiv Independent.

Russia’s energy sector made up 35-40% of its budget revenues pre-full-scale invasion and is powering its war machine.

Western sanctions on Russian energy and the G7’s Russian oil price cap of $60 per barrel have hampered its profits, with Russia losing more than $150 billion over the last three years, but have yet to deal a crippling blow.

The conflict between Israel and Iran caused a spike in prices — Brent crude, the global benchmark, on June 13 jumped from $69.36 to $75 per barrel, a surge that looked like it could grant Russia's economy a reprieve.

Until the Israeli attacks, the future for Russian crude wasn’t looking so bright. Europe was planning its 18th sanctions package targeting Russia's energy sector, and the G7 was pushing for a $45 price cap. Hungary and Slovakia have since blocked the sanctions package.

Prices have since settled along with the conflict and on July 2 Brent crude was $67.50, but if Iran does go ahead with mining the Strait of Hormuz, blocking one-fifth of global oil demand, another surge would follow.

This would also mean Iran blocks its own oil exports too, so it would only be a last resort from Tehran, David Fyfe, chief economist at Argus Media, a market analyst group, told the Kyiv Independent last month.

Arrests, raids, beaten and bloodied suspects — how Russia-Azerbaijan relations have unravelled

Deaths in custody, media offices raided, and beaten and bloodied suspects paraded in court — relations between Russia and Azerbaijan, once considered close, have sharply deteriorated in recent days amid a series of high-profile incidents. The latest tensions erupted over the weekend when Russian law enforcement officers detained over 50 Azerbaijani

The Kyiv IndependentTim Zadorozhnyy

President Volodymyr Zelensky on June 13 appointed Aliona Hetmanchuk as the head of Ukraine's mission to NATO, replacing Nataliia Halibarenko.

The appointment came "at a critical time for the future of Ukraine, for the future of NATO itself, and, of course, for Ukraine's future in NATO. I realize the responsibility," Hetmanchuk said on her Facebook page on June 13.

"As for this moment, we will be fully immersed in preparations for the summit in The Hague," she added, referring to the upcoming NATO summit that will take place in the Netherlands on June 24 and 25, with Ukraine participating.

Hetmanchuk is a leading Ukrainian foreign policy expert with a background in journalism. She is the founder and director of the New Europe Center and a nonresident senior fellow at the Atlantic Council's Eurasia Center.

Previously, Hetmanchuk co-founded and directed the Institute of World Policy and has advised the Presidential Consultation Committee between Ukraine and Poland since 2016.

Ukraine applied for alliance membership in September 2022, several months after Russia launched its full-scale invasion. While NATO has repeatedly affirmed that Kyiv will eventually join, it has yet to extend a formal invitation.

NATO Secretary General Mark Rutte said on June 9 that the political commitment to Ukraine's future membership in NATO remains unchanged, even if it is not explicitly mentioned in the final communique of the upcoming summit in The Hague.

"The irreversible path of Ukraine into NATO is there, and it is my assumption that it is still there after the summit," Rutte said at Chatham House in London.

Rutte's comments follow reporting that this year's summit communique, set for release after the June 24–25 meeting, may exclude references to Ukraine. This would mark a notable departure from previous gatherings, where Kyiv's future in NATO took center stage.

Amid Moscow’s war in Ukraine, Trump wonders why ‘everybody hates’ Russia

“He (Russian President Vladimir Putin) fought with us in World War II… and now everybody hates Russia and loves Germany and Japan. It’s a strange world,” U.S. President Donald Trump said.

The Kyiv IndependentAnna Fratsyvir