** Secretary of State Antony Blinken on Monday said the U.S. supported Canada for its decision to help Germany import natural gas from Russia despite global sanctions aimed at bankrupting the Kremlin over its war in Ukraine.
** Vietnamese automaker VinFast will open six U.S. dealerships this week and 30 by the end of 2022, all in California. The company says it will cut the ribbon for stores in Berkeley, Commerce, Corte Madera, San Diego, San Mateo, and Santa Monica July 14.
** The Texas electric grid operator, ERCOT, on Monday was calling on companies to lower their energy consumption to reduce the likelihood of blackouts.
** US Energy Secretary Jennifer Granholm will use talks with nations including India and Japan to rally support for a new effort aimed at capping prices for Russian oil.
** Shell puts the finishing touches on its 13th major offshore project in the Gulf of Mexico — a clear sign of its plans to continue drilling there.
** U.S. consumer interest in buying an electric vehicle has spiked over the last year, according to a new Consumer Reports survey.
World
** A major gas pipeline from Russia to Germany was shutting down for annual maintenance on Monday amid German concern that Russia may not resume the flow of gas as scheduled.
** Brazilian President Jair Bolsonaro said on Monday that a deal was close with Moscow to buy much cheaper diesel from Russia, in what would appear to be the latest tangible benefit stemming from his friendly relationship with President Vladimir Putin.
** As of the end of last week, European prices were a staggering ninefold higher than U.S. costs reported Axios.