Ukraine will keep targeting Russian oil-refining facilities despite US discontent with its campaign, according to President Volodymyr Zelenskiy, who warned that Kyiv’s forces may be forced to retreat “step by step” without more military aid from allies.
Russia’s seaborne crude shipments fell for a second week, with difficulties selling a key Pacific grade to India set to further snarl flows in the coming week.
At a recent retreat in southeast England for his top executives, HSBC Holdings Plc boss Noel Quinn painted a bullish picture for the year just gone as the lender benefited from rising interest rates.