Financial Times - oil producers spring surprise output cut of more than 1mn barrels a day

Summary of the front page

The Financial Times splashes on the revelations from oil producing nations that they will be cutting back production by more than a million barrels a day.

According to the paper, the move has put Saudi Arabia on a “collision course” with the US as it attempts to boost prices.

Today's top stories

gettyimages 1230794654

Billionaire Leon Black to testify before congressional panel on Epstein payments

Leon Black, co-founder of Apollo Global Management, is set to testify before the House Oversight Committee regarding his financial dealings with Jeffrey Epstein. Senator Ron Wyden has questioned Black’s payments exceeding $170 million for services purportedly related to tax advice and estate planning, amid ongoing scrutiny over Epstein’s criminal activities.

696x392 cmsv2 b019156c 9fec 5f4a 9780 a26843c9b709 9814034

European Commission proposes military-age Ukrainian men exclusion from EU scheme

The European Commission proposed excluding military-age Ukrainian men from its temporary protection scheme, extending the initiative until March 2028. This recommendation aims to strengthen Ukraine’s armed forces, reflecting integration challenges and Kyiv’s needs amid ongoing martial law prohibiting most men aged 23 and older from leaving Ukraine.

Like this article?

Leave a comment

From our sponsors
Advertisement
Advertisement