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

696x392 cmsv2 0480cf14 8ac1 50f3 b8ab 5e1f494b3467 9820018

European public prosecutor conducts raids over alleged EU fund misuse

The European Public Prosecutor’s Office (EPPO) is conducting raids in four countries to investigate alleged misappropriation of EU funds by the former far-right Identity and Democracy group in the European Parliament. The probe centres on the misuse of €4.3 million between 2019 and 2024.

2026 06 24T235306Z 1565019599 RC2LU7A411MD RTRMADP 3 ANTHROPIC AI ALIBABA 1782869791

US government lifts restrictions on Anthropic’s AI models Fable and Mythos

The United States has lifted restrictions on access to Anthropic’s AI models, Claude Fable 5 and Mythos 5. Anthropic announced it will restore access following the removal of export controls by the US Department of Commerce, which was coordinating efforts to approve the models for broader use.

gettyimages 2182517383

Justice Department launches investigation into Senator Ruben Gallego’s campaign funds

The Justice Department is investigating Democratic Senator Ruben Gallego of Arizona for potential campaign finance violations following a whistleblower complaint. The probe examines Gallego’s use of campaign funds for family trips since 2019, including expenses for the Super Bowl incurred by a political action committee he co-founded.

Like this article?

Leave a comment

From our sponsors
Advertisement
Advertisement