Exclusive-Russia close to cutting oil output due to drone attacks, sources say

Oil prices rose over 1% following drone attacks in Ukraine targeting Russian supply lines. This development has implications for global oil markets and geopolitical tensions.

Editor’s Note: The increase in oil prices is significant as it reflects ongoing geopolitical tensions and their impact on energy markets. Understanding these dynamics is crucial for investors and policymakers alike.

Hollywood's boycott of Russia has inadvertently strengthened Kremlin propaganda and media control. The article suggests that this situation could be changed.

Editor’s Note: This matters because Hollywood has historically played a role in shaping perceptions and narratives. By boycotting Russia, the industry may be missing an opportunity to influence public opinion positively and counteract propaganda.

Nvidia's new RTX6000D chip is reportedly not gaining traction among major firms in China, according to sources. This could impact Nvidia's market presence in the region.

Editor’s Note: This situation is significant as it highlights potential challenges for Nvidia in a key market. The lack of interest from major firms may affect the company's sales and reputation in China, which is crucial for its growth strategy.

Oil prices have retreated slightly after recent gains, with attention now focused on Russia's supply decisions and an upcoming Federal Reserve meeting.

Editor’s Note: This situation is significant as fluctuations in oil prices can impact global economies, inflation rates, and consumer spending. The decisions made by Russia regarding oil supply and the Federal Reserve's monetary policy will be closely watched by investors and analysts.

Vietnamese feed makers are purchasing Canadian canola meal following the imposition of duties by China. This shift in sourcing could benefit Canadian farmers and strengthen trade relations.

Editor’s Note: This development is significant as it highlights the adaptability of Vietnamese feed producers in response to changing trade dynamics. It also underscores the importance of Canadian agricultural exports in the global market.

Oil prices stabilized after two days of increases as investors consider the impact of potential new western sanctions on Russian oil supplies amidst concerns of an oversupply.

Editor’s Note: This situation is significant as it highlights the ongoing geopolitical tensions and their effects on global oil markets. Investors are closely monitoring how sanctions could influence supply and prices.

Russia's stock market closed lower, with the MOEX Russia Index dropping by 0.98%. This decline reflects ongoing economic challenges and investor concerns.

Editor’s Note: The decrease in the MOEX Russia Index is significant as it indicates investor sentiment and economic health in Russia. Such fluctuations can impact foreign investment and economic stability.

Russia conducted joint military exercises with Belarus near Minsk, showcasing live fire and air strikes. The drills highlight the defense relationship between the two nations amid rising tensions in the region.

Editor’s Note: These exercises are significant as they demonstrate the military cooperation between Russia and Belarus, especially in light of recent tensions involving Ukraine and NATO countries. Observers are concerned about the implications for regional security.

Oil prices have increased as investors evaluate the impact of recent attacks on Russian energy facilities. This development has led to a cautious optimism in the market.

Editor’s Note: The rise in oil prices is significant as it reflects investor sentiment regarding geopolitical tensions. Understanding these dynamics is crucial for market participants and can influence global energy strategies.

The US is considering increasing its strategic uranium reserve to reduce reliance on Russian supplies and enhance the future of nuclear power generation.

Editor’s Note: This move is significant as it aims to strengthen energy security and promote confidence in nuclear energy, which is crucial for meeting future energy demands and reducing carbon emissions.

Russian President Vladimir Putin announced that measures to reduce inflation are showing positive results, although he acknowledged that economic growth still requires improvement.

Editor’s Note: This statement is significant as it reflects the government's efforts to stabilize the economy and address inflation, which affects everyday life for citizens. Understanding these measures can provide insight into Russia's economic strategy and future prospects.

Ukraine's drone strikes on Russian oil refineries are causing significant disruptions, leading to long queues, rising gas prices, and shortages at gas stations.

Editor’s Note: This situation highlights the ongoing conflict between Ukraine and Russia and its impact on everyday life, particularly the rising cost of fuel, which affects both economies and consumers.

Beijing announced that TikTok's US app will utilize a Chinese algorithm. This comes as Donald Trump extends the deadline for a potential shutdown of the platform, indicating ongoing negotiations with China.

Editor’s Note: This development is significant as it highlights the complexities of international relations and technology. The use of a Chinese algorithm in a US app raises concerns about data privacy and security, while the extended deadline suggests that a resolution may be on the horizon.

Bank of America predicts that gold prices could reach $4,000 per ounce by the second quarter of 2026, suggesting further growth potential after recent record highs.

Editor’s Note: This prediction is significant as it indicates a bullish outlook on gold, which could impact investors and the commodities market. Understanding these trends can help investors make informed decisions.

The U.S. government has ordered Delta and Aeromexico to end their partnership, which allowed them to coordinate flight pricing and schedules. This decision follows claims from U.S. Transportation Secretary Sean Duffy that Mexico is treating U.S. airlines unfairly.

Editor’s Note: This matters because the dissolution of this partnership could impact flight options and prices for travelers. It highlights ongoing tensions between U.S. and Mexican airlines, potentially affecting competition and consumer choice in the aviation market.

Lei Qiu, CIO at AllianceBernstein, discusses the expanding adoption of AI and the opportunities it presents, emphasizing the need for caution. She shares insights on Bloomberg Tech.

Editor’s Note: This discussion is significant as it highlights the growing role of AI in various sectors and the balance between embracing innovation and exercising caution. Understanding these dynamics can help businesses navigate the evolving landscape.

The FDA has issued over 100 letters to Hims & Hers and other weight loss drugmakers, warning them to stop using false and misleading advertising. This action highlights concerns about the integrity of marketing practices in the weight loss industry.

Editor’s Note: This matters because misleading advertising can lead consumers to make uninformed health decisions. The FDA's intervention aims to protect public health and ensure that companies provide accurate information about their products.

ServiceNow is set to open an AI hub in West Palm Beach, Florida, creating 850 new jobs. This initiative is part of a new tower project developed by Stephen Ross.

Editor’s Note: This expansion highlights ServiceNow's commitment to growing its AI capabilities and workforce, which is significant for the local economy and the tech industry in Florida.