UK government apologised for its handling of the Russian oil products sanctions, Bloomberg's Wickham reports; Trade minister Chris Bryant concedes it was handled “clumsily” and suggests it was a cock-up
RBI is to conduct USD 5bln USD/INR buy-sell swap auction on May 26th
ADNOC CEO says Hormuz shut is the most severe supply disruption on record; it will take at least four months to get back to 80% of pre-conflict flows
UK government apologised for its handling of the Russian oil products sanctions, Bloomberg's Wickham reports; Trade minister Chris Bryant concedes it was handled “clumsily” and suggests it was a cock-up
US Secretary of State Rubio says US President Trump is ready to open a new relationship between the US and Cuba
Target (TGT) says even after the Q1 beat in earnings, management said the broader operating environment "remains uncertain"
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- Adds the UK will implement sanctions on Russian oil product “as soon as possible”.
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