Russia's Kremlin says it has not seen any new developments when it comes to India and Russian oil
The Kremlin's statement on not observing new developments regarding Indian-Russian oil relations signals stability in their energy ties, which is crucial given the ongoing scrutiny from Western nations.
Russia's Kremlin says it will defend its interest in the Arctic, via Sky News Arabia
Germany's VDA announces that 2025 EV production comes out at 1.67mln vehicles, +23% Y/Y
Russia's Kremlin says it has not seen any new developments when it comes to India and Russian oil
US Senators push for USD 70bln funding deal to support US President Trump's critical minerals agenda, FT reports
EU Inflation Rate YoY Flash (Jan) Y/Y 1.7% vs. Exp. 1.7% (Prev. 2.0%, Rev. From 1.9%, Low. 1.5%, High. 2.1%)
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This lack of change could ease some geopolitical tensions in energy markets but also hints that reliance on Russian oil is maintained amidst sanctions, potentially impacting oil prices and related currencies. Traders should watch for any shifts in sentiment around energy commodities and forex, especially involving the RUB and INR.
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