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UPDATE 1-Russia s budget deficit narrows to $28 billion as June spending drops

Oil supply won t be affected by stricter price cap enforcement - IEA

The International Energy Agency (IEA) does not expect moves by the Group of Seven nations to counter the evasion of price caps on Russian energy will change the supply situation for crude oil and oil products, the IEA's Executive Director Fatih Birol said.

UPDATE 5-Iraq asks Turkey to resume northern oil export pipeline

Iraq has sent an official request to Turkey to restart oil export flows through a pipeline that runs from the semi-autonomous Kurdistan Region in northern Iraq to the Turkish port of Ceyhan.

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