Russian troops hit port infrastructure in Ukraine's Odesa region with Shahed drones overnight, the Ukrainian military reported, damaging a grain elevator and causing a fire at facilities that transport the country's crucial grain exports.

Since leaving a deal that allowed Ukraine to export grain to world markets through the city of Odesa, Russia has hammered the country's ports with strikes. Since July 17, Russian forces have fired dozens of drones and missiles at the port of Odesa and the region's river ports, which are being used as alternative routes.

Tunisian President Kais Saied sacked Prime Minister Najla Bouden without explanation Tuesday night and replaced her with former central bank executive Ahmed Hachani, whom he tasked with overcoming the "colossal challenges" facing the cash-strapped North African country.

No official explanation was given for Bouden's dismissal, but several local media outlets highlighted Saied's displeasure over a number of shortages, particularly of bread in state-subsidised bakeries.

Russia pulled out of a deal brokered by the U.N. and Turkey to allow Ukraine's grain to flow during a global food crisis. It helped stabilize food prices that soared last year after Russia invaded Ukraine — two countries that are major suppliers of wheat, barley, sunflower oil and other food to developing nations.

Lebanon, Egypt -- the world's largest wheat importer, and other lower-income Middle Eastern countries like Pakistan worry about what comes next.

Energy giant BP said Tuesday that it earned nearly $2.6 billion in the second quarter, almost half what it posted in the first three months of the year as oil and natural gas prices that surged after Russia's invasion of Ukraine have fallen.

The company's underlying replacement cost profit, which excludes one-time items and fluctuations in the value of inventories, was down nearly 70% from the April-to-June period a year ago, when London-based BP brought in $8.45 billion.

Australia's central bank on Tuesday left its benchmark interest rate on hold at 4.1% for a second consecutive month raising expectations that rates might have reached their peak or are close to plateauing in the current cycle.

The Reserve Bank of Australia has hiked the cash rate 12 times from a record-low of 0.1% in May last year — as the board has attempted to rein in inflation — to a target range between 2% and 3%.

Cabinet convene Tuesday to resume the discussion of the 2023 state budget.

Last month, the ministers received the budget draft law from the Finance Ministry and cabinet started successive sessions to discuss and approve it.

Saudi Arabia has approved a $1.2 billion grant to Yemen's internationally recognised government, two officials told AFP on Tuesday, the latest attempt to prop up the war-scarred country's flagging economy.

Yemen's finance minister and central bank governor as well as the Saudi ambassador were expected to disclose details of the grant at a signing ceremony in Riyadh at 5 pm (1400 GMT), said the officials, who spoke on condition of anonymity to confirm the amount.

Britain said on Monday it will grant hundreds of new oil and gas licenses in the North Sea in a bid for energy independence, ignoring calls from environmental campaigners and the United Nations to stop the development of new fossil fuel projects.

The plans announced by Prime Minister Rishi Sunak include a pledge to invest 20 billion pounds ($26 billion) in carbon capture and storage projects as Sunak maintained the government's commitment to eliminate net carbon emissions by 2050.

China imposed restrictions Monday on exports of long-range civilian drones, citing Russia's war in Ukraine and concern that drones might be converted to military use.

Chinese leader Xi Jinping's government is friendly with Moscow but says it is neutral in the 18-month-old war. It has been stung by reports that both sides might be using Chinese-made drones for reconnaissance and possibly attacks.

Wall Street pointed modestly higher early Monday as investors look ahead to another busy week of corporate earnings while digesting a mixed bag of economic data from abroad.

Futures for the Dow Jones Industrial Average and the S&P 500 each rose about 0.1% before the bell.