Funding & Business
Oil Steady With Focus on India-Russia Trade Before Tariff Boost
Oil was steady as the market weighed the outlook for Russian crude flows to India after a Trump administration official ramped up his criticism over the trade ahead of an expected tariff increase.
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The high-stakes showdown between the Trump administration and the US central bank intensified Monday as an appeals court blocked the White House from removing Federal Reserve Governor Lisa Cook from her post for now. (Source: Bloomberg)
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Iron ore advanced as China’s daily steel output showed signs of improvement, while shipments from major exporter Brazil slowed.
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GCL Technology Holdings Ltd.’s stock rose after the Chinese company announced a share sale to help fund efforts to reduce overcapacity in the solar polysilicon sector.
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