EU reportedly mulls aid to fix Ukraine's oil plant at centre of its loan delay
The EU's consideration of aid to repair Ukraine's oil plant, which is pivotal for alleviating a loan delay, signals increased involvement in the region's energy security.
EU Retail Sales YoY (Jan) Y/Y 2.0% vs. Exp. 1.7% (Prev. 1.8%, Rev. From 1.3%, Low. 1.4%, High. 2.1%)
ECB's Nagel says it is too soon to draw any monetary policy conclusion from the volatile Iran situation
EU reportedly mulls aid to fix Ukraine's oil plant at centre of its loan delay
US Senate Republicans await the endorsement of President Trump in the Texas Republican Senate runoff between Cornyn and Paxton, Politico reports; billed as a choice between an established Republican candidate, and a MAGA firebrand
ECB's Rehn says it is likely to raise inflation in the short-term; this kind of conflict tends to dampen demand and leads to more subdued growth
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This could stabilize oil supply concerns tied to the ongoing conflict, potentially impacting WTI prices. Watch for reactions in oil markets and broader commodity sentiment as this develops.
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