World News by Wild Rose

The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. Joined by International Rescue Committee CEO and Fmr. UK Foreign Secretary David Miliband, Fmr. Deputy Prime Minister of Canada and “Unreliable Boyfriend” Author Chrystia Freeland and Northwell Health President & CEO Dr. John D’Angelo. (Source: Bloomberg)

President Trump waived new Russia tariffs before they took effect on 18 October, but the threat stays legally available and could reach Brazil's fertiliser. The post Russia Sanctions Waiver Leaves Latin American Buyers Exposed appeared first on The Rio Times.

Russia’s refined fuel shipments declined in early October before the government loosened a diesel export ban.

While Russia’s share in India’s oil imports fell to 44%, from a historic high in July, the shares of both the U.S. and the UAE surged, resulting in the cumulative shares of the three countries reached an all-time high

Oil held a gain as a flare-up in attacks from Russia to the Middle East threatened supply that only recently recovered to near pre-war levels.

Oil gained Wednesday as hostilities intensified from Russia to the Middle East, threatening supply flows that only recently recovered to near pre-war levels. Brent traded above $106 after Iran-backed Houthi rebels launched missile and drone strikes across Saudi Arabia, including a hit that damaged Saudi Aramco’s headquarters. That added to an escalation in Iranian attacks on tankers in the Strait of Hormuz that’s threatening a rebound in Gulf supply. We discuss the latest energy headlines with Rob Barnett, Senior Energy Analyst for Bloomberg Intelligence. (Source: Bloomberg)

Loading rates at Novorossiysk have slowed with ships moored for twice as long as normal

Apart from the deal to allow Russia to sell diesel to the U.S. and global markets, U.S. President Donald Trump also announced an ‘energy ceasefire’ between Russia and Ukraine

Russia said on Monday that European Union countries had bought $320.7 billion worth of its energy resources since 2022, despite sanctions over the war in Ukraine. The figure fuelled tensions as European officials criticised a US deal to import Russian diesel, while Stockholm called for the bloc to use frozen Russian assets to boost support for Kyiv.

Oil held a gain as a widening conflict in the Middle East threatened to hamper a recovery in supply from the region, while there were also doubts over US President Donald Trump’s claims of an “energy ceasefire” between Russia and Ukraine.

Trump's energy truce sparks criticism over aiding Russia's war finances amid diesel shortages and rising consumer costs.

Amrita Sen, founder and director of market intelligence at Energy Aspects, discusses what she calls “extremely desperate measures” by US President Donald Trump to increase Moscow’s diesel sales into global markets and the announcement of an “energy ceasefire” between Russia and Ukraine. She speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

Wheat declined for a fourth day after US President Donald Trump said Russia and Ukraine had agreed to an immediate “energy ceasefire,” raising hopes that an easing of hostilities could reduce Black Sea disruptions.

Gold edged higher as traders assessed US President Donald Trump’s claim of an “energy ceasefire” between Russia and Ukraine, even as risks of a widening conflict in the Middle East raised inflation concerns.

Russia is looking to expand shipbuilding cooperation with China through technology partnerships and joint investment, visiting presidential aide and Maritime Board chairman Nikolai Patrushev said. Patrushev held talks in Beijing with Ke Jixin, Chinese vice-minister of industry and information technology, the Russian Maritime Board said in a statement on Saturday. It said the two sides discussed the possibility of Chinese shipbuilders becoming technology partners and equipment suppliers for new...

President Donald Trump said Sunday that Russia and Ukraine have agreed to an “energy ceasefire” effective immediately.

Bloomberg Economics Economic Statecraft Lead Chris Kennedy tells Bloomberg This Weekend that President Donald Trump's agreement to obtain Russian diesel is unlikely to significantly lower US fuel prices because the proposed November shipment amounts to roughly one day of American consumption. Speaking with hosts David Gura and Christina Ruffini, Kennedy says damage to Russian refineries, logistical challenges and potential legal restrictions raise questions about whether Moscow can deliver the promised fuel, while the agreement could complicate Ukraine's campaign against Russian energy infrastructure. (Source: Bloomberg)

President Donald Trump's deal with Putin comes amid surging fuel prices and looming US midterm elections.

US President Donald Trump said Friday that he had secured Russia's agreement for a major release of diesel, as he eased war sanctions on Moscow in a push to lower energy costs ahead of midterm elections.

Australia has no need to buy fuel from Russia and said that purchases from there will remain barred so that the country doesn’t benefit from the invasion of Ukraine.

Russia to deliver millions of tonnes of diesel soon, US President Trump announces after talks with Putin.

Russia’s oil product shipments climbed to a three-month high in September, even as diesel flows slumped because of a government export ban.

Indian refiners have cut back Russian crude purchases for November delivery, as rising competition from China pushes up prices at a time when buyers can tap alternative shipments from the Middle East.

Iran's oil exports have struggled amid a US blockade. A Russian energy crisis because of Ukrainian attacks could help.

Diesel curbs, jump in subsidies to refiners mute benefits to Kremlin’s war chest from crude flows

Tom Kloza, chief energy advisor for Gulf Oil, said that it is unlikely President Trump's proposed easing of limits on tax-exempt 'red-dyed diesel' will do much to bring down the price of diesel and that the only thing that will meaningfully impact high prices is an end to ongoing conflicts in Russia and the MidEast. (Source: Bloomberg)

Russia’s government last month paid oil companies the biggest subsidy in more than four years to supply road fuels to the domestic market amid Ukrainian drone strikes on refineries.

Wheat futures moved higher for a third day after Russia threatened to escalate the war in Ukraine, potentially worsening disruptions to global grain supply through the Black Sea.

Moscow faces a huge decommissioning bill at home even as it expands its nuclear industry abroad.

Global energy prices have been soaring due to the US and Israel's war on Iran and Russia's war on Ukraine.