Fed Governor Cook said she will oppose attempts by Trump to remove her from the Federal Reserve.

Four sources said this week that, for safety reasons, at least three Indian refiners and one global energy major plan to stop using vessels Iran added to a new blacklist, including ships used for ship-to-ship transfers. Iran on Sunday published a list of 45 vessels it said breached its Strait of Hormuz passage rules and warned it would act against any ships transshipping cargo with them. The statement appears aimed at disrupting so-called shuttle shipments by Gulf producers such as the UAE and Saudi Arabia.

Panama on the 25th declared a nationwide state of emergency citing El Nifio-driven weather and heightened risks of drought and flooding, warning of potential impacts on Panama Canal shipping, agriculture and energy supply. The government said the measure is intended to strengthen agencies' capacity to respond to extreme weather.