Rapid Read: Geopolitical Must-Knows for Today (12 July 2025)
This is my news scan from 11 July 2025 at 0820 Eastern Time until 12 July 2025 at 0739 Eastern Time
Oil Climbs on Potential Russia Sanctions; OPEC+ Output, Tariffs Weigh
https://boereport.com/2025/07/11/oil-climbs-on-potential-russia-sanctions-opec-output-tariffs-weigh/
Oil prices rose over 2% on Friday, driven by the International Energy Agency’s assessment of a tighter-than-expected market and speculation about new U.S. sanctions on Russia. However, gains were tempered by concerns over rising OPEC+ production and U.S. tariff threats, which could impact global demand. Brent crude futures settled at $70.36 per barrel, reflecting market tightness during the Northern Hemisphere summer. OPEC+’s decision to increase output by 548,000 barrels per day in August and potential further hikes in September added pressure on prices.
Trump’s New Front in the War on Drugs: The Banks
https://thehill.com/opinion/finance/5394418-trump-fentanyl-sanctions-financial-war/
The U.S. has intensified its fight against fentanyl by targeting Mexican financial institutions, including CIBanco, Intercam Banco, and Vector Casa de Bolsa, under the Fentanyl Sanctions Act and the FEND Off Fentanyl Act. This marks a shift to a precise, financial-focused strategy, isolating banks to disrupt drug trafficking networks without broad sanctions. The approach, described as a “financial drone strike,” aims to cut off fentanyl-related remittances and reflects a broader use of financial denial tactics. This strategy underscores President Trump’s expansion of economic tools beyond traditional tariffs and border measures.
Trump to Announce Major Russia Statement Monday
https://oilprice.com/Geopolitics/International/Trump-to-Announce-Major-Russia-Statement-Monday.html
President Donald Trump’s upcoming Monday announcement regarding Russia has sparked speculation about tougher sanctions, potentially impacting global oil markets. A bipartisan U.S. Senate bill, the Sanctioning Russia Act of 2025, proposes 500% tariffs on countries purchasing Russian oil, which could disrupt supply chains. Oil prices rose slightly in response, with Brent futures gaining as markets anticipate tighter supply if sanctions are imposed. The announcement coincides with ongoing geopolitical tensions and OPEC+’s plans to increase oil production, adding complexity to market dynamics.
Libya Remains on Edge as Oil Majors Return
https://oilprice.com/Energy/Energy-General/Libya-Remains-on-Edge-as-Oil-Majors-Return.html
Libya’s oil sector is seeing a cautious return of major companies like TotalEnergies and Repsol, despite ongoing political instability and security risks. The country’s oil production has been volatile, with frequent disruptions due to militia control and political disputes over resource management. Recent agreements to stabilize output and attract investment face challenges from unresolved governance issues and external pressures. The return of oil majors signals potential growth but hinges on Libya achieving lasting political stability.
North Korean Hackers Find It’s Hard to Launder $1.5 Billion in Stolen Crypto
North Korean hackers, linked to groups like Lazarus, have stolen approximately $1.5 billion in cryptocurrency but face significant challenges in laundering it due to enhanced global tracking and sanctions. Blockchain analytics firms and international cooperation have made it harder for hackers to convert stolen crypto into usable funds, limiting their financial gains. The stolen assets are often linked to funding North Korea’s weapons programs, prompting heightened scrutiny from U.S. and allied authorities. Despite their sophisticated hacking capabilities, the inability to effectively launder funds restricts the regime’s ability to benefit from these cybercrimes.
Ukraine Says It Blew Up Russia Domestic Gas Link in West Siberia
Ukraine claimed responsibility for destroying a Russian domestic gas pipeline in West Siberia, escalating tensions in the ongoing conflict. The attack targeted infrastructure critical to Russia’s energy sector, aiming to disrupt its economic stability. Russia has not officially confirmed the incident, but such actions could further strain global energy markets already facing volatility. This development adds to the geopolitical risks influencing oil and gas prices worldwide.
U.S. and Brazil Become Key Oil Suppliers to India
India has increasingly turned to the U.S. and Brazil as major oil suppliers, diversifying its import sources amid global supply uncertainties. The shift is driven by competitive pricing and strategic trade agreements, with both countries boosting exports to meet India’s growing energy demand. This trend reflects India’s efforts to secure stable oil supplies while navigating sanctions and production changes from traditional suppliers like Russia and OPEC+ members. The growing reliance on U.S. and Brazilian oil underscores shifting global energy trade dynamics.
Ghana’s Ruling Party Cements Power With Super-Majority Win
Ghana’s ruling New Patriotic Party (NPP) secured a super-majority in parliament, strengthening its control over policymaking and economic reforms. The victory ensures the NPP can advance its agenda, including oil and gas sector development, without significant opposition. Ghana’s oil industry, a key economic driver, benefits from this political stability, attracting further investment. However, concerns remain about governance and equitable resource distribution as the country navigates its energy ambitions.
Trump’s 50% Copper Import Tariff Said to Include Refined Metal
President Trump’s proposed 50% tariff on copper imports, set to include refined metal, aims to protect U.S. producers but risks disrupting global supply chains. The tariff, part of a broader trade strategy, could increase costs for industries reliant on copper, including energy and manufacturing. Markets are bracing for potential price volatility, with copper prices already reacting to the announcement. This move aligns with Trump’s aggressive trade policies, which continue to shape commodity markets globally.
‘They Tried To Erase Me,’ Freed Belarus Opposition Politician Tsikhanouski Says
http://www.globalsecurity.org/wmd/library/news/belarus/2025/belarus-250711-rferl01.htm
Siarhei Tsikhanouski, a freed Belarusian opposition politician, described his release from prison as a victory against efforts to silence him. Arrested for challenging President Alexander Lukashenko’s regime, Tsikhanouski faced harsh detention conditions aimed at breaking his resolve. His release highlights ongoing international pressure on Belarus’s authoritarian government, though political repression remains a significant issue. Tsikhanouski’s case underscores the broader struggle for democratic reforms in the country.
Disclaimer:
The headlines presented here are taken directly from the referenced articles and do not reflect any personal value judgment or opinion. They are generally presented chronologically based upon the publication time. I make no warranty as to the accuracy, completeness, or truthfulness of the content of these articles. It must be noted that the articles presented here are presented to develop thought and are not necessarily the thoughts of GeopoliticsUnplugged.com They are presented as interesting thought provoking discussion points. All news and information should be carefully scrutinized, considering the credibility of the source, the facts presented, and the strength of the supporting evidence. Readers are encouraged to form their own conclusions through critical analysis.