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Sources said US Treasury Secretary Bessent told Russian Finance Minister Siluanov on the sidelines of the G20 that no agreement with Russia is possible until the war ends.

2026-09-01

Sources said US Treasury Secretary Bessent told Russian Finance Minister Siluanov on the sidelines of the G20 that no agreement with Russia is possible until the war ends.

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2026-09-01

ECB governing council member Rehn warned a protracted 'war of attrition' in Iran could keep euro-area inflation elevated and that the bank must prepare for that risk. His remarks, ahead of markets pricing a 25bp hike next week, pointed to higher ener

ECB governing council member Rehn warned a protracted 'war of attrition' in Iran could keep euro-area inflation elevated and that the bank must prepare for that risk. His remarks, ahead of markets pricing a 25bp hike next week, pointed to higher energy prices after the near-closure of the Strait of Hormuz. 'We must not be complacent in the face of these inflationary pressures,' Rehn said. 'We cannot afford any burdensome crisis in Europe.' The comments mark a hawkish shift from Rehn, who until recently placed greater weight on growth risks than inflation, suggesting support for further tightening on the council has broadened.
2026-08-31

A Reuters poll indicates that Saudi Arabia may raise its official selling price (OSP) for crude oil sold to Asia in October, after the Middle East spot crude market surged due to tight supply and strong demand.

A Reuters poll indicates that Saudi Arabia may raise its official selling price (OSP) for crude oil sold to Asia in October, after the Middle East spot crude market surged due to tight supply and strong demand.
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