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Sources: India is waiting for clarity from the United States on trade and tariff issues before restarting arms purchase negotiations.Oxford Economics reported on August 8th that the European Central Bank may not cut interest rates in September as inflation stabilizes at its target. Data released last week showed that inflation stabilized at 2.0% in July. This could prevent the ECBs Governing Council from lowering borrowing costs again, having held the deposit rate at 2.0% last month. While we still expect inflation to ease in the coming months, we do not believe this progress will be sufficient for the Council to agree to another rate cut at that time.Dutch Foreign Minister: The Dutch government has always made it clear that Gaza belongs to the Palestinians.German Chancellor Merz: The German government will not approve the export of any military equipment that could be used in the Gaza Strip to Israel until further notice.KazTransOil, Kazakhstans national oil transporter, supplied 160,000 tons of oil to Germany via the Friendship pipeline in July. From January to July 2025, Kazakhstans oil supplies to Germany via the Friendship pipeline increased by 38% year-on-year to 1.086 million tons.