US PROPOSES $5B FUND TO REBUILD GULF ENERGY INFRASTRUCTURE

• TRUMP ADMINISTRATION PROPOSES $5 BILLION TO KICKSTART A NEW MIDDLE EAST ENERGY REBUILDING FUND, WSJ REPORTS

• US SEEKS MATCHING $5 BILLION FROM 8 REGIONAL PARTNERS, TARGETING A $10 BILLION FUND

• PARTNERS COULD INCLUDE SAUDI ARABIA, UAE, QATAR, BAHRAIN, KUWAIT, OMAN, IRAQ AND JORDAN

• FUND WOULD HELP REBUILD ENERGY INFRASTRUCTURE DAMAGED DURING THE SEVEN-MONTH IRAN WAR

• PLAN AIMS TO REDUCE GULF COUNTRIES' RELIANCE ON THE STRAIT OF HORMUZ FOR OIL AND GAS TRANSPORT

• CONFLICT HAS DISRUPTED GLOBAL ENERGY MARKETS AND DAMAGED REGIONAL PIPELINES AND REFINERIES

• PROPOSED FUND WOULD BE CALLED THE PARTNERSHIP FOR ALLIED TRUST AND CONSTRUCTION — “PACT”

• REBUILDING COULD REQUIRE SIGNIFICANT INVESTMENT AS DAMAGED ENERGY INFRASTRUCTURE IS COSTLY TO REPLACE ...

UK PM BURNHAM TO MEET EU COMMISSION PRESIDENT VON DER LEYEN ON TUESDAY TO RESOLVE EU CAR RULE DISPUTE — TIMES ...

TUESDAY FX OPTIONS EXPIRIES
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RUSSIA HAS SET EXPORT DUTIES ON WHEAT, BARLEY AND CORN AT ZERO FROM SEPT. 1 THROUGH DEC. 31, 2026, AS THE GOVERNMENT SEEKS TO SUPPORT THE EXPORT POTENTIAL OF THE AGRICULTURAL SECTOR. ...

RUSSIA WILL ALSO CAP SUNFLOWER OIL EXPORT DUTIES AT 7,748 RUBLES PER TON AND SUNFLOWER MEAL DUTIES AT 312 RUBLES PER TON THROUGH YEAR-END. ...

U.S. DIESEL PRICES HAVE RISEN ABOVE $6.50 A GALLON FOR THE FIRST TIME, WITH WIDENING REFINING MARGINS AND TIGHT PRODUCT SUPPLIES DRIVING INFLATION PRESSURES EVEN AS WTI FALLS BELOW $100 A BARREL. ...

THE DROP IN CRUDE PRICES COULD HELP EASE DIESEL COSTS, BUT SHORTAGES OF REFINED PRODUCTS AND MOTOR OIL REMAIN A KEY RISK, WITH SOME RETAILERS LIMITING PURCHASES AMID LOW INVENTORIES. ...

LIBYA'S NOC: ARMED GROUP CLOSED VALVE 7 ON THE SHARARA CRUDE PIPELINE TO ZAWIYA PORT ON MONDAY, CAUSING A SHARP DROP IN OUTPUT AT THE SHARARA OILFIELD ...

*NASDAQ 100 EXTENDS GAIN TO 3%, S&P 500 RISES 1.6% ...

LIBYA’S SHARARA OILFIELD OUTPUT PLUNGES AFTER ARMED GROUP SHUTS VALVE ON CRUDE PIPELINE TO ZAWIYA PORT — NOC ...

POLISH ARMY LAUNCHES PREVENTIVE MILITARY AVIATION OPERATIONS AFTER RUSSIAN AIR ATTACK ON UKRAINE; AIR DEFENSE & RADAR FORCES ON HIGH ALERT ...

NASDAQ 100 SURGES 3% AS S&P 500 RISES 1.6% ...

ZELENSKIY MEETS CIA CHIEF RATCLIFFE IN IRELAND, SOURCES SAY ...

CANADA UNVEILS DRAFT LEGISLATION TO FAST-TRACK APPROVALS FOR MAJOR PROJECTS ...

CANADA DRAFT LAW AIMS TO COMPLETE FEDERAL REVIEWS & DECISIONS WITHIN ONE YEAR OF COMPREHENSIVE APPLICATION SUBMISSION ...

EU DISCUSSIONS CONTINUE ON RENEWING RUSSIA SANCTIONS; AMBASSADORS TO RECONVENE TUESDAY MORNING — EU DIPLOMAT ...

CANADA UNVEILS DRAFT LEGISLATION TO SPEED UP APPROVALS OF MAJOR PROJECTS. INTRODUCES BILL TO SPEED PROJECT REVIEWS TO ONE YEAR. TO FORMALLY DESIGNATE ‘STRATEGIC TRADE CORRIDORS. ...

🔴 MOC IMBALANCE
S&P 500: -1434.4 MLN
NASDAQ 100: -2071.3 MLN
DOW 30: -583.3 MLN
MAG 7: -1064.0 MLN $MACRO ...

IRAN’S MISSILE, DRONE & AIR DEFENCE CAPABILITIES CONTINUE TO GROW — NOURNEWS ...

DOWNING STREET: UK PM UNDERLINED COMMITMENT TO WORKING WITH MAURITIUS AND US ON FUTURE OF MILITARY BASE ON DIEGO GARCIA. ...