A Group of Seven (G7) price cap on Russian seaborne oil came into force on Monday as the West tries to limit Moscow's ability to finance its war in Ukraine, though Russia has said it will not abide by the measure even if it has to cut production.
- WorldChina readies new COVID rules as investors cheer easing shift
China is set to announce the further easing of some of the world's toughest COVID curbs as early as Wednesday, sources told Reuters, as investors cheered the prospect of a policy shift that follows widespread protests and mounting economic damage.
- MarketsMorning Bid: Capped
A look at the day ahead in European and global markets from Tom Westbrook:
- WorldNorth Korea fires over 130 artillery rounds as warning after South Korea-U.S. drills
North Korea said it fired more than 130 artillery shells into the sea off its east and west coasts on Monday after detecting military drills across the border in the South.