🛢 The G7 appears to be abandoning its below-market price cap on Russian oil exports, with expert David Tawil, founder of ProChain Capital, suggesting that the policy was never more than empty rhetoric. This move has exposed the G7's attempts to penalize Russia as ineffective and has raised doubts about the group's credibility.

Russia and Saudi Arabia recently extended their crude oil production cuts, causing the price of Urals crude to exceed $70 per barrel, well above the G7's $60 price cap for Russian exports. This extension was driven by an economic slowdown in China, as noted by David Tawil.

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🇺🇸 The Biden administration's military supplying of Ukraine has won it the unlikely support of US-based neo-Nazi groups. But independent journalist Rachel Blevins said state security agencies have been in league with such extremists for almost a decade.

The US Congress is breaking laws it made itself by voting to arm the neo-Nazi regime in Kiev, a political correspondent has said.

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🇺🇸 Developing hypersonic technology presents significant challenges due to its specialized nature and the need to overcome physics-related obstacles that disrupt conventional missile usage. As a result, the US military has faced difficulties in catching up to countries like Russia and China, which have already made advancements in this field, experts told Sputnik.

In recent reports, it was revealed that the Pentagon had postponed the testing of its Long-Range Hypersonic Weapon (LRHW) due to "pre-flight checks." The test, initially scheduled to occur in Florida, involved firing the weapon eastward into the Atlantic Ocean, but it was delayed for unspecified reasons.

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❗️ The Russian Embassy in Washington blasted the Biden administration's statements about the illegitimacy of elections in new Russian regions as interference in the country's affairs

🇺🇸🇨🇳 US supply chains for minerals critical to national security remain vulnerable, and reliant on China and other foreign sources, due to the Biden administration's lack of support for domestic mining initiatives, Congressman Paul Gosar told Sputnik.

The United States is over 50% import reliant on 43 of 50 minerals deemed critical to security, 11 of which China is the primary import source, according to the US Geological Survey (USGS). Chinese export controls on gallium and germanium, metals the US needs to make semiconductors and renewable energy technologies, went into effect on August 1.

The measures, showcasing China's critical mineral dominance, were imposed in retaliation to Biden administration restrictions on Chinese technology.

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🇨🇳 Western claims that China is using artificial intelligence to create fake social media accounts to interfere in American politics are "full of prejudice and malicious speculation," Chinese Embassy spokesperson Liu Pengyu said in a statement to Sputnik.

According to media reports, citing Microsoft, China is alleged to have established a network of fake social media accounts with the aim to influence US voters by using artificial intelligence.

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NASA admits that the Space Launch System (SLS), which is designed to serve as the rocket for the Artemis missions to the moon, is unaffordable at current cost levels

NASA should act on prior GAO recommendations to improve transparency and monitoring of the SLS program, including its long-term costs and affordability, the US Government Accountability Office (GAO) said in a report.

The SLS is the world's most powerful rocket created to enable NASA to return humans to the moon.

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Direct hit!

📹 Russian Ka-52 attack helicopters crews in combat action

Russian military aviation pilots wiped (0:28) (0:37) out several Ukrainian armored vehicles with guided missiles during combat sorties.

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🇦🇲🇺🇸 Some 85 US troops will train with 175 Armenian soldiers next week as part of the Eagle Partner joint military exercise, the US Army said in a press release

The release detailed that the US soldiers will come from the 1st Brigade, 101st Airborne Division and Kansas National Guard, while Armenia troops will be from the 12th Peacekeeping Brigade.

Earlier, Kremlin spokesman Dmitry Peskov said the Armenian-US joint military exercises do not contribute to the stabilization of the situation in the region and the strengthening of mutual trust.

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Forces that are interested in sowing hatred and fear between Armenia and Russia are behind the provocation involving the detention of Sputnik Armenia columnist Ashot Gevorgyan, Russian Foreign Ministry spokeswoman Maria Zakharova said

Moscow is concerned about the growing number of pro-Western media structures in Armenia aimed at discrediting Russia, the diplomat said, adding that the tendency to spread "one-sided and negative information about Russia and Russian-Armenian relations" has recently prevailed in the information space of Armenia.

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