A reported drone attack and major fire at Novorossiysk have renewed UK and EU market concerns over Russian oil, grain and freight flows.
Two German brothers admitted to breaching EU sanctions by exporting machine parts to Russia via front companies, raising compliance concerns for UK and EU markets.
The EU-Mercosur free trade agreement has launched provisionally, with significant implications for UK-EU trade ties, sterling, and London’s financial markets.
Uzbekistan’s six-month halt on gold exports has caused a 29% drop in exports, affecting trade balances and London’s gold market with implications for sterling and EU businesses.