Brent crude futures rose more than $2 intraday, reclaiming levels above $100/bbl.

Italy will approve a compensation scheme for gas-fired power plants to reduce electricity prices.

After AI-related liquidation triggered a broad equity selloff, major investors are increasingly skeptical Anthropic's IPO can fetch a $1.5 tln valuation. Anthropic had planned a debut in the week of Nov. 16 and aimed to raise up to $100 bln, implying roughly a $1.5 tln valuation. Three prospective large investors said the valuation will likely need to be cut; one suggested it could be nearer $1 tln. One investor added that even if markets recover, convincing institutions hit by the recent selloff to take sizable new AI exposure may be difficult, and Anthropic could delay the offering. Another option is a smaller-than-expected raise. Anthropic executives and advisers are expected to meet in coming days to review IPO plans; some insiders said they have avoided firm commitments to keep options open.