Canada imposes sanctions on 100 vessels from Russia's shadow fleet, lowering its price cap for Russian crude to USD 44.10/bbl (prev. 47.60); Canada is renewing its military training mission in Ukraine for three years to 2029
Canada's decision to impose sanctions on Russian vessels and lower the price cap for Russian crude signals a firm stance against Russia amid geopolitical tensions.
NRG Energy (NRG) says it will return USD 1.4bln to shareholders in 2026
India's Trade Minister says India is open to calibrated approach on allowing China investments in consultation with the industry
Canada imposes sanctions on 100 vessels from Russia's shadow fleet, lowering its price cap for Russian crude to USD 44.10/bbl (prev. 47.60); Canada is renewing its military training mission in Ukraine for three years to 2029
Fed Governor Waller does not comment on monetary policy or the economic outlook; Fed is adopting a system-wide approach to deploying AI technology, it is being very careful integrating AI into its operations
Diamondback (FANG) says Permian Basin will see a lot of gas takeaway coming on between 2027-2030
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This action could further tighten global oil supplies and pressure prices, especially for WTI and Brent. Additionally, Canada's extended military support for Ukraine may escalate regional tensions, impacting risk sentiment across currencies and commodities.
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