Ukraine War Spillover: Ukrainian long-range drones hit St. Petersburg’s oil terminal and a Kronstadt military base as Russia’s flagship economic forum opened, with fires and disrupted services reported. Energy & Daily Life: The same strikes are feeding into fuel strain in the city, as some gas stations restrict gasoline sales and certain grades become scarce. Baltic Security: NATO’s BALTOPS naval drills get underway in a smaller format, while Baltic states keep pushing for faster, practical defence planning amid drone and sabotage fears. Infrastructure Decisions: Latvia’s new government faces urgent, multi-billion-euro calls on Rail Baltica funding and timelines, with options like a PPP and EU support instruments on the table. Weather & Risk: France and wider western Europe brace for another warm summer, with higher odds of heat around the Mediterranean and Alps. Business & Industry: Lufthansa expands its Allegris premium cabin rollout to new long-haul destinations; ebm-papst opens a €30m fan factory in Romania creating 500 jobs; Cargill boosts foodservice and chocolate capacity in Belgium. Local Life: Lithuania’s shelter “blind spots” after a drone alert highlight gaps in emergency readiness. Health & Tech: Johnson & Johnson reports nipocalimab results in systemic lupus erythematosus, while Mastercard reshuffles leadership with a new CFO.