Syria condemns Israeli airstrikes as ‘flagrant violation’

Finland has temporarily closed part of its airspace and restricted maritime traffic along its southern coast near the Russian border due to concerns over possible stray drones. The Finnish military announced the measures on Tuesday. Officials said the restrictions were introduced to ensure authorities can respond safely if drones enter the area. A military spokesperson said the measures would allow authorities to take necessary countermeasures while protecting people in the affected areas. The military did not disclose the source of information about the possible drone activity. The spokesperson said details could not be shared because they were related to ongoing operational matters. The move comes amid growing concerns among NATO countries that the war in Ukraine could spill across alliance borders. Ukrainian drones targeting Russian positions have reportedly entered the airspace of Finland, Estonia, Latvia and Lithuania this year. Ukraine has increased its use of long-range drones against targets inside Russia. Kyiv and several NATO members have blamed Russian electronic interference for causing some Ukrainian drones to deviate from their intended routes and enter NATO airspace. Moscow, however, has accused Ukraine of deliberately directing drones across international borders. Finland’s latest restrictions highlight the security concerns facing NATO’s northern members as drone warfare continues to expand in the region. Authorities are expected to continue monitoring the situation closely and adjust the restrictions depending on the potential threat.

OPEC+ is widely expected to approve another increase in oil production when its members meet virtually on Sunday, as the alliance continues to adjust supply while global energy markets remain affected by ongoing geopolitical tensions. According to market analysts, Saudi Arabia, Russia and several other key members of the alliance are likely to raise their combined production target by around 188,000 barrels per day for September. If approved, the increase would continue a series of monthly production hikes introduced this year and is expected to mark the final step in the group’s current plan to gradually restore previously reduced output. OPEC+, which includes members of the Organization of the Petroleum Exporting Countries and allied producers, introduced major production cuts between late 2022 and 2023 after concerns that falling oil prices could weaken global energy markets. Those reductions removed nearly six million barrels of oil per day from the market in three separate phases. As demand gradually recovered, the group shifted its strategy by slowly increasing production, beginning in 2025, to balance supply while supporting market stability. A September increase would complete the reversal of the second package of production cuts introduced during that period. However, analysts note that higher production targets do not necessarily mean actual oil output will increase by the same amount. Several member countries are currently unable to reach their assigned quotas because of declining production capacity, ageing infrastructure or operational challenges. Energy analyst Giovanni Staunovo of UBS said many producers are already pumping below their official targets, making further quota increases less significant in practical terms. He noted that production capacity has declined in several member states, limiting their ability to take full advantage of higher output allowances. Regional tensions have also affected oil exports. Gulf producers continue to face challenges because shipping through the Strait of Hormuz has been disrupted during the conflict involving Iran. Although maritime traffic briefly improved after a memorandum of understanding between the United States and Iran was signed in June, transport through one of the world’s busiest oil routes remains uncertain. Russia is also dealing with production difficulties as repeated Ukrainian drone attacks have targeted parts of its energy infrastructure. Current Russian oil production remains close to nine million barrels per day, well below its official production target of 9.8 million barrels per day, highlighting the gap between quotas and actual output. Some OPEC+ members, including Iraq, have indicated they want to increase production significantly once conditions allow. At the same time, the alliance is reviewing the maximum sustainable production capacity of each member to help determine future output allocations. These discussions are expected to play an important role in setting production quotas for 2027 and beyond. Analysts believe negotiations over future production targets could become more challenging after the September meeting. While they say the alliance remains united for now, the departure of the United Arab Emirates from OPEC+ earlier this year has raised questions about the group’s long term cohesion. The UAE said its decision to leave was based on national interests and long term strategic goals, pointing to major investments aimed at expanding its oil production capacity beyond the limits previously set by the alliance. Despite these challenges, OPEC+ is expected to continue coordinating production policies in an effort to maintain stability in the global oil market as economic uncertainty and geopolitical tensions continue to influence energy demand and supply.