Saved copy of
US to loan up to 40 million barrels of oil from SPR, last batch from global deal
Reuters · 2026-09-29
<!DOCTYPE html><html data-layout="regular-article" data-rdr-ts="1791013083704" data-site-lang="en" lang="en"><head><meta name="viewport" content="width=device-width, initial-scale=1"/><link rel="preload" as="image" imageSrcSet="https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf&width=480&quality=80 480w,https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf&width=640&quality=80 640w,https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf&width=720&quality=80 720w,https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf&width=960&quality=80 960w,https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf&width=1080&quality=80 1080w,https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf&width=1200&quality=80 1200w" imageSizes="(min-width: 1024px) 560px, (min-width: 1440px) 700px, 100vw"/><script id="preload-ads" type="text/javascript" src="/pf/resources/dist/ads/js/main.js?d=388&mxId=00000000" async="" data-onetrust-script-id="38cb75bd-fbe1-4ac8-b4af-e531ab368caf" data-deployment-id="388" data-is-admin="false"></script><script src="/pf/resources/dist/reuters/js/main.js?d=388&mxId=00000000" async="" data-config="{"API_ORIGIN":"https://api-reuters-reuters-prod.cdn.arcpublishing.com","ADMIN":false,"BUSINESS_COUNTRIES":[],"CHARTBEAT_CONFIG":{"title":"US to loan up to 40 million barrels of oil from SPR, last batch from global deal","authors":"Timothy Gardner","section":"Energy","type":"regular-article","domain":"reuters.com"},"DEPLOYMENT":"388","ELOQUA_SITE_ID":"2124157686","MAX_NUMBER_OF_UNICODE_CHARS":256,"ONETRUST_SCRIPT_ID":"38cb75bd-fbe1-4ac8-b4af-e531ab368caf","SEGMENT_WRITE_KEY":"IEWBqQ8VWHijTQxb7lEBGFGS9uIJzigZ","SEGMENT_WRITE_KEY_MOBILE":"YlmAIaFBxsNtlVJdfuSV0ncE931ghRtS","AIQ_WRITE_KEY":"reuters-prod","AIQ_CDN_HOST":"www.reuters.com/static/aiq/","GRAPHICS_PLUGIN_IFRAME_URL":"https://sphinx.thomsonreuters.com/search/?consumer=PageBuilder#/search/graphic","ABTASTY_ACCOUNT_ID":"267796921a02604fc73cb2886dbc144b","DOMAIN":"https://www.reuters.com","PAGE_CATEGORY":"Energy","PAGE_TYPE":"","REFINITIV_TRACKING_URL":"https://refinitiv.data.adobedc.net/b/ss/refinitivglobalprod/1?AQB=1&g=https://www.refinitiv.com?utm_campaign=refinitivlogo&utm_source=reuters.com&utm_medium=Referral&utm_content=&utm_term=&events=event203&v73={{Page URL}}&AQE=1"}" data-gql-endpoint="https://www.reuters.com/service/graphql"></script><script src="https://www.reuters.com/arc/subs/p.min.js" async=""></script><script src="//tru.am/scripts/custom/reuters.js" async="" crossorigin="anonymous"></script><link href="https://geolocation.onetrust.com" rel="preconnect" data-testid="preconnect-link"/><link href="https://cdn.cookielaw.org/scripttemplates/otSDKStub.js" rel="preload" as="script" data-testid="preload-link"/><link href="https://cdn.cookielaw.org/consent/38cb75bd-fbe1-4ac8-b4af-e531ab368caf/38cb75bd-fbe1-4ac8-b4af-e531ab368caf.json" rel="preload" as="fetch" crossorigin="anonymous" data-testid="preload-link"/><title>US to loan up to 40 million barrels of oil from SPR, last batch from global deal | Reuters</title><meta name="applebot" content="nosnippet"/><meta name="apple-itunes-app" content="app-id=602660809, app-argument=https://www.reuters.com/business/energy/us-release-40-million-barrels-crude-strategic-petroleum-reserve-energy-2026-09-29/?id=IUWCOPLXL5LI7F2AOEX6ZIXS4Y"/><meta property="fb:app_id" content="988502044532272"/><meta property="fb:pages" content="114050161948682"/><meta name="CCBot" content="nofollow"/><meta name="robots" content="noarchive, max-image-preview:large"/><link href="https://www.googletagmanager.com" rel="preconnect"/><link href="https://connect.facebook.net" rel="preconnect"/><meta property="og:title" content="US to loan up to 40 million barrels of oil from SPR, last batch from global deal"/><meta property="og:type" content="article"/><meta property="og:image" content="https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf&height=1005&width=1920&quality=80&smart=true"/><meta property="og:url" content="https://www.reuters.com/business/energy/us-release-40-million-barrels-crude-strategic-petroleum-reserve-energy-2026-09-29/"/><meta property="og:description" content="The US Government said on Tuesday it is offering to loan energy companies up to 40 million barrels of oil from the Strategic Petroleum Reserve, the last US batch of crude from a global deal to unleash reserves in the wake of the war on Iran."/><meta property="og:locale" content="en_US"/><meta property="og:site_name" content="Reuters"/><meta name="article:published_time" content="2026-09-29T16:19:52.417Z"/><meta name="article:modified_time" content="2026-09-29T17:26:10.029Z"/><meta name="article:author" content="Timothy Gardner"/><meta name="article:section" content="Energy"/><meta name="article:tag" content="REPI:REFINING,COM,CRU,CWP,DIP,ECO,ENER,ENFF,ENG,ENR,GASSTN,GEN,MCE,NEWS1,NRG,OILG,POL,REFI,SECUR,TRD,WASH,IL,AMERS,SWASIA,US,MEAST,TGLF,NAMER,EMEA,ASXPAC,EMRG,ASIA,IR,SHIP08,DEST:OUSNRG,EU,TOPIC:MARKETS-COMMODITIES-ENERGY,TOPIC:ENERGY-OIL-GAS,INTAG"/><meta property="og:image:url" content="https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf&height=1005&width=1920&quality=80&smart=true"/><meta property="og:image:width" content="1200"/><meta property="og:image:height" content="628"/><meta property="og:image:alt" content="The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adrees Latif/File Photo"/><meta name="twitter:card" content="summary_large_image"/><meta name="twitter:site" content="@Reuters"/><meta name="twitter:creator" content="@Reuters"/><meta name="twitter:description" content="The US Government said on Tuesday it is offering to loan energy companies up to 40 million barrels of oil from the Strategic Petroleum Reserve, the last US batch of crude from a global deal to unleash reserves in the wake of the war on Iran."/><meta name="twitter:title" content="US to loan up to 40 million barrels of oil from SPR, last batch from global deal"/><meta name="twitter:image" content="https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf&height=1005&width=1920&quality=80&smart=true"/><meta name="twitter:image:alt" content="The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adrees Latif/File Photo"/><meta name="keywords" content="REPI:REFINING,COM,CRU,CWP,DIP,ECO,ENER,ENFF,ENG,ENR,GASSTN,GEN,MCE,NEWS1,NRG,OILG,POL,REFI,SECUR,TRD,WASH,IL,AMERS,SWASIA,US,MEAST,TGLF,NAMER,EMEA,ASXPAC,EMRG,ASIA,IR,SHIP08,DEST:OUSNRG,EU,TOPIC:MARKETS-COMMODITIES-ENERGY,TOPIC:ENERGY-OIL-GAS,INTAG"/><meta name="description" content="The US Government said on Tuesday it is offering to loan energy companies up to 40 million barrels of oil from the Strategic Petroleum Reserve, the last US batch of crude from a global deal to unleash reserves in the wake of the war on Iran."/><meta property="fb:admins" content="988502044532272"/><meta property="og:locale:alternate" content="en_US"/><meta name="analyticsAttributes.topicChannel" content="Business"/><meta name="analyticsAttributes.topicSubChannel" content="Energy"/><meta name="DCSext.DartZone" content="/4735792/reuters.com/business/energy/article"/><meta name="DCSext.ChannelList" content="Business;Energy;Commodities"/><meta property="og:article:modified_time" content="2026-09-29T17:26:10.029Z"/><meta property="og:updated_time" content="2026-09-29T17:26:10.029Z"/><meta property="og:article:published_time" content="2026-09-29T16:19:52.417Z"/><meta name="article:content_tier" content="metered"/><link rel="canonical" href="https://www.reuters.com/business/energy/us-release-40-million-barrels-crude-strategic-petroleum-reserve-energy-2026-09-29/"/><meta name="title" content="US to loan up to 40 million barrels of oil from SPR, last batch from global deal | Reuters"/><meta name="sophi-content-id" content="IUWCOPLXL5LI7F2AOEX6ZIXS4Y"/><meta name="ad:template" content="article"/><meta name="analytics:page_layout" content="regular-article"/><meta name="analytics:ad_layout" content="leaderboard, right rail, sponsored"/><link rel="manifest" href="https://www.reuters.com/site-api/manifest/"/><link href="/pf/resources/images/reuters/favicon/tr_fvcn_kinesis_32x32_v2.ico?d=388&mxId=00000000" rel="icon" sizes="any"/><link href="/pf/resources/images/reuters/favicon/tr_kinesis_v2.svg?d=388&mxId=00000000" rel="icon" type="image/svg+xml"/><link href="/pf/resources/images/reuters/favicon/tr_fvcn_kinesis_180x180_v2.png?d=388&mxId=00000000" rel="apple-touch-icon"/><script>(function(){
var current_location = window.location.href;
if (current_location.indexOf('/info-pages/supported-browsers/') === -1) {
var supportFetchApi = 'fetch' in window;
var supportCSSGrid = window.CSS && CSS.supports('display', 'grid');
if (!supportFetchApi && !supportCSSGrid) {
window.location.href = '/info-pages/supported-browsers/';
}
}
})()</script><script>
window.BOOMR_CONSENT_CONFIG = { enabled: true, optInRequired: true };
!function(o){"use strict";if(void 0!==o.BOOMR_CONSENT_CONFIG&&!0===o.BOOMR_CONSENT_CONFIG.enabled){o.BOOMR=void 0!==o.BOOMR?o.BOOMR:{};var n=o.BOOMR;n.plugins=void 0!==n.plugins?n.plugins:{};if(!n.plugins.ConsentInlinedPlugin){var i={v:"2",OPT_COOKIE:"BOOMR_CONSENT",OPT_IN_COOKIE_VAL:"opted-in",OPT_OUT_COOKIE_VAL:"opted-out",COOKIE_EXP:31536e3,complete:!1,enabled:!0,firedPageReady:!1,deferredOptIn:!1,deferredOptOut:!1,rtCookieFromConfig:!1,bwCookieFromConfig:!1,optOut:function(){if(!n.utils.setCookie(i.OPT_COOKIE,i.OPT_OUT_COOKIE_VAL,i.COOKIE_EXP)){n.error("Can not set Opt Out cookie","ConsentInlinedPlugin");return!1}"function"==typeof n.disable&&n.disable();i.complete=!1;i.removeBoomerangCookies();return!0},optIn:function(){if(!0===i.complete)return!0;if(!n.utils.setCookie(i.OPT_COOKIE,i.OPT_IN_COOKIE_VAL,i.COOKIE_EXP)){n.error("Can not set Opt In value","ConsentInlinedPlugin");return!1}"function"==typeof n.wakeUp&&n.wakeUp();i.complete=!0;n.addVar("cip.in","1",!0);n.addVar("cip.v",i.v,!0);n.sendBeacon();return!0},removeBoomerangCookies:function(){var e=i.rtCookieFromConfig||"RT",o=i.bwCookieFromConfig||"BA";n.utils.removeCookie(e);n.utils.removeCookie(o)},onPageReady:function(){if(!i.firedPageReady){i.firedPageReady=!0;if(i.deferredOptIn){i.optIn();i.deferredOptIn=!1}if(i.deferredOptOut){i.optOut();i.deferredOptOut=!1}}}};o.BOOMR_OPT_OUT=function(){i.firedPageReady?i.optOut():i.deferredOptOut=!0};o.BOOMR_OPT_IN=function(){i.firedPageReady?i.optIn():i.deferredOptIn=!0};n.plugins.ConsentInlinedPlugin={init:function(e){void 0!==e.RT&&void 0!==e.RT.cookie&&(i.rtCookieFromConfig=e.RT.cookie);void 0!==e.BW&&void 0!==e.BW.cookie&&(i.bwCookieFromConfig=e.BW.cookie);n.subscribe("page_ready",i.onPageReady,null,i);n.subscribe("spa_navigation",i.onPageReady,null,i);if(o.BOOMR_CONSENT_CONFIG.optInRequired&&n.utils.getCookie(i.OPT_COOKIE)!==i.OPT_IN_COOKIE_VAL){i.complete=!1;return this}if(n.utils.getCookie(i.OPT_COOKIE)===i.OPT_OUT_COOKIE_VAL){void 0===e.RT&&(e.RT={});e.RT.cookie="";void 0===e.BW&&(e.BW={});e.BW.cookie="";i.complete=!1;return this}i.complete=!0;return this},is_complete:function(){return i.complete},debug:{wasPageReadyFired:function(){return i.firedPageReady},getDeferredOptInFlag:function(){return i.deferredOptIn},getDeferredOptOutFlag:function(){return i.deferredOptOut},getRtCookieFromConfig:function(){return i.rtCookieFromConfig},getBwCookieFromConfig:function(){return i.bwCookieFromConfig},isOptedIn:function(){return!(!o.BOOMR_CONSENT_CONFIG.optInRequired||-1===document.cookie.indexOf(i.OPT_COOKIE+'="'+i.OPT_IN_COOKIE_VAL+'"'))},isOptedOut:function(){return-1!==document.cookie.indexOf(i.OPT_COOKIE+'="'+i.OPT_OUT_COOKIE_VAL+'"')}}}}}}(window);
</script><script type="application/javascript">(function () {
if (Array.prototype.at) { return }
Object.defineProperty(Array.prototype, "at", {
value: function (index) {
var n = Math.trunc(index) || 0
if (n < 0) { n += this.length }
return n < 0 || n >= this.length ? undefined : this[n]
},
writable: true,
configurable: true
})
})()</script><script type="application/javascript" src="/pf/dist/engine/react.js?d=388&mxId=00000000" defer=""></script><link rel="stylesheet" type="text/css" href="/pf/resources/dist/static/article/index-0D400120.css?d=388&mxId=00000000"/><script type="application/javascript" src="/pf/resources/dist/static/chunks/runtime-aec16f874be02182e1be.js?d=388&mxId=00000000" defer=""></script><script type="application/javascript" src="/pf/resources/dist/static/chunks/shared-misc-c2d5a711a8498d7e4e4c.js?d=388&mxId=00000000" defer=""></script><script type="application/javascript" src="/pf/resources/dist/static/chunks/group-article-a29c1f5c987c574000c0.js?d=388&mxId=00000000" defer=""></script><script type="application/javascript" src="/pf/resources/dist/static/chunks/group-core-25ceeaefbbc91ea8205a.js?d=388&mxId=00000000" defer=""></script><script type="application/javascript" src="/pf/resources/dist/static/default/features/markets/refinitivpromobar/index-f86bdd8d35835b43079a.js?d=388&mxId=00000000" defer=""></script><script type="application/javascript" src="/pf/resources/dist/static/chunks/group-landing-39d4f596732640f50f74.js?d=388&mxId=00000000" defer=""></script><script type="application/javascript" src="/pf/resources/dist/static/chunks/group-ads-422888ccb0a0bb4f37cf.js?d=388&mxId=00000000" defer=""></script><script type="application/javascript" src="/pf/resources/dist/static/default/features/article/article-video/index-a91a273e441a31c175df.js?d=388&mxId=00000000" defer=""></script><script type="application/javascript" src="/pf/resources/dist/static/default/chains/sticky-rail-chain/index-edbc1fa24e9e90a70827.js?d=388&mxId=00000000" defer=""></script><script type="application/javascript" src="/pf/resources/dist/static/default/features/common/workspace-article-banner/index-0e361b348f174e876196.js?d=388&mxId=00000000" defer=""></script><script type="application/javascript" src="/pf/resources/dist/static/default/features/common/section-story-grid/index-3c7f7a69c7ae86dbe79a.js?d=388&mxId=00000000" defer=""></script><script type="application/javascript">window.addEventListener("DOMContentLoaded", function () {
window.Fusion = window.Fusion || {}
var Fusion = window.Fusion
var components = Fusion.components = Fusion.components || { features: {}, chains: {}, layouts: {} }
components['layouts']['regular-article'] = Fusion.Layout(window.__components['default/layouts/regular-article'])
components['chains']['header-and-leaderboard'] = Fusion.Quarantine(window.__components['default/chains/header-and-leaderboard'])
components['features']['freestar/leaderboard'] = Fusion.Quarantine(window.__components['default/features/freestar/leaderboard'])
components['features']['markets/refinitivpromobar'] = Fusion.Quarantine(window.__components['default/features/markets/refinitivpromobar'])
components['features']['common/site-header'] = Fusion.Quarantine(window.__components['default/features/common/site-header'])
components['features']['common/breaking-news'] = Fusion.Quarantine(window.__components['default/features/common/breaking-news'])
components['features']['article/article-wall'] = Fusion.Quarantine(window.__components['default/features/article/article-wall'])
components['chains']['article'] = Fusion.Quarantine(window.__components['default/chains/article'])
components['features']['freestar/broker-button'] = Fusion.Quarantine(window.__components['default/features/freestar/broker-button'])
components['features']['article/article-video'] = Fusion.Quarantine(window.__components['default/features/article/article-video'])
components['features']['freestar/ad-slot'] = Fusion.Quarantine(window.__components['default/features/freestar/ad-slot'])
components['features']['common/read-next-v2'] = Fusion.Quarantine(window.__components['default/features/common/read-next-v2'])
components['chains']['sticky-rail-chain'] = Fusion.Quarantine(window.__components['default/chains/sticky-rail-chain'])
components['features']['common/workspace-article-banner'] = Fusion.Quarantine(window.__components['default/features/common/workspace-article-banner'])
components['features']['common/dianomi'] = Fusion.Quarantine(window.__components['default/features/common/dianomi'])
components['features']['common/section-story-grid'] = Fusion.Quarantine(window.__components['default/features/common/section-story-grid'])
components['features']['common/site-footer'] = Fusion.Quarantine(window.__components['default/features/common/site-footer'])
})</script><script type="application/javascript">
!function(a,b,c,d,e,f){a.ddjskey=e;a.ddoptions=f||null;var m=b.createElement(c),n=b.getElementsByTagName(c)[0];m.async=1,m.src=d,n.parentNode.insertBefore(m,n)}(window,document,"script","https://dd.reuters.com/tags.js","2013457ADA70C67D6A4123E0A76873", { ajaxListenerPath: true });
</script><script>
(function() {
var configs = [{"src":"https://accounts.google.com/gsi/client","defer":true},{"src":"https://news.google.com/swg/js/v1/swg.js","async":true,"subscriptions-control":"manual"},{"src":"https://news.google.com/swg/js/v1/swg-gaa.js","async":true}];
function injectAll() {
configs.forEach(function(config) {
var s = document.createElement('script');
s.src = config.src;
if (config.async) s.async = true;
if (config.defer) s.defer = true;
Object.keys(config).forEach(function(k) {
if (k !== 'src' && k !== 'async' && k !== 'defer') {
s.setAttribute(k, config[k]);
}
});
document.head.appendChild(s);
});
}
window.bootstrap = window.bootstrap || { queue: [] };
window.bootstrap.queue.push(function() {
window.bootstrap.getResults(function(result) {
if (result && result.is_prohibited_country) return;
injectAll();
});
});
})();
</script><script type="application/ld+json">{"@context":"https://schema.org","image":["https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf&height=1005&width=1920&quality=80&smart=true","https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf&height=628&width=1200&quality=80&smart=true","https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf&height=1920&width=1920&quality=80&smart=true","https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf&height=1200&width=1200&quality=80&smart=true","https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf&height=2400&width=1920&quality=80&smart=true","https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf&height=1500&width=1200&quality=80&smart=true"],"@type":"NewsArticle","mainEntityOfPage":{"@type":"WebPage","@id":"https://www.reuters.com/business/energy/us-release-40-million-barrels-crude-strategic-petroleum-reserve-energy-2026-09-29/"},"articleSection":"Energy","keywords":["REPI:REFINING","COM","CRU","CWP","DIP","ECO","ENER","ENFF","ENG","ENR","GASSTN","GEN","MCE","NEWS1","NRG","OILG","POL","REFI","SECUR","TRD","WASH","IL","AMERS","SWASIA","US","MEAST","TGLF","NAMER","EMEA","ASXPAC","EMRG","ASIA","IR","SHIP08","DEST:OUSNRG","EU","TOPIC:MARKETS-COMMODITIES-ENERGY","TOPIC:ENERGY-OIL-GAS","INTAG"],"headline":"US to loan up to 40 million barrels of oil from SPR, last batch from global deal","description":"The US Government said on Tuesday it is offering to loan energy companies up to 40 million barrels of oil from the Strategic Petroleum Reserve, the last US batch of crude from a global deal to unleash reserves in the wake of the war on Iran.","dateCreated":"2026-09-29T16:19:52.417Z","datePublished":"2026-09-29T16:19:52.417Z","dateModified":"2026-09-29T17:26:10.029Z","author":[{"@type":"Person","name":"Timothy Gardner","sameAs":"https://www.reuters.com/authors/timothy-gardner/","image":["https://www.reuters.com/resizer/v2/https%3A%2F%2Fs3.amazonaws.com%2Farc-authors%2Freuters%2F1bb7724b-8fde-4826-bdd0-f0f535c72cd1.png?auth=7bbb8c4ffa85576094b8fc43b04397dae6367ec3080896a1c0ed9c2869edb43a&height=1005&width=1920&quality=80&smart=true","https://www.reuters.com/resizer/v2/https%3A%2F%2Fs3.amazonaws.com%2Farc-authors%2Freuters%2F1bb7724b-8fde-4826-bdd0-f0f535c72cd1.png?auth=7bbb8c4ffa85576094b8fc43b04397dae6367ec3080896a1c0ed9c2869edb43a&height=628&width=1200&quality=80&smart=true","https://www.reuters.com/resizer/v2/https%3A%2F%2Fs3.amazonaws.com%2Farc-authors%2Freuters%2F1bb7724b-8fde-4826-bdd0-f0f535c72cd1.png?auth=7bbb8c4ffa85576094b8fc43b04397dae6367ec3080896a1c0ed9c2869edb43a&height=1920&width=1920&quality=80&smart=true","https://www.reuters.com/resizer/v2/https%3A%2F%2Fs3.amazonaws.com%2Farc-authors%2Freuters%2F1bb7724b-8fde-4826-bdd0-f0f535c72cd1.png?auth=7bbb8c4ffa85576094b8fc43b04397dae6367ec3080896a1c0ed9c2869edb43a&height=1200&width=1200&quality=80&smart=true","https://www.reuters.com/resizer/v2/https%3A%2F%2Fs3.amazonaws.com%2Farc-authors%2Freuters%2F1bb7724b-8fde-4826-bdd0-f0f535c72cd1.png?auth=7bbb8c4ffa85576094b8fc43b04397dae6367ec3080896a1c0ed9c2869edb43a&height=2400&width=1920&quality=80&smart=true","https://www.reuters.com/resizer/v2/https%3A%2F%2Fs3.amazonaws.com%2Farc-authors%2Freuters%2F1bb7724b-8fde-4826-bdd0-f0f535c72cd1.png?auth=7bbb8c4ffa85576094b8fc43b04397dae6367ec3080896a1c0ed9c2869edb43a&height=1500&width=1200&quality=80&smart=true"]}],"isAccessibleForFree":false,"hasPart":{"@type":"WebPageElement","isAccessibleForFree":false,"cssSelector":".paywall-B064F03B"},"publisher":{"@type":"NewsMediaOrganization","name":"Reuters"},"isPartOf":{"@type":["CreativeWork","Product"],"name":"Reuters","productID":"CAowt6AM:showcase"}}</script><script type="application/ld+json">{"@context":"https://schema.org","@id":"https://www.reuters.com","@type":"NewsMediaOrganization","name":"Reuters","logo":{"@type":"ImageObject","url":"https://www.reuters.com/pf/resources/images/reuters/logo-vertical-default-512x512.png?d=388&mxId=00000000","width":512,"height":512},"sameAs":["https://www.facebook.com/Reuters/","https://x.com/reuters","https://www.instagram.com/reuters/","https://www.linkedin.com/company/reuters2/","https://www.tiktok.com/@reuters","https://www.youtube.com/user/ReutersVideo"],"address":{"@type":"PostalAddress","addressLocality":"London, United Kingdom","postalCode":"E14 5AQ","streetAddress":"5 Canada Square, Canary Wharf"},"url":"https://www.reuters.com","publishingPrinciples":"https://www.thomsonreuters.com/en/about-us/trust-principles.html","verificationFactCheckingPolicy":"https://www.reuters.com/fact-check/about/","correctionsPolicy":"https://reutersagency.com/about/standards-values/","ethicsPolicy":"https://ir.thomsonreuters.com/static-files/f4169de5-ee8c-4c28-9971-75b0baf97365","diversityPolicy":"https://www.thomsonreuters.com/en/about-us/social-impact/social-impact-and-esg-report-2022#c7_Diversity%20%20inclusion","parentOrganization":"https://www.thomsonreuters.com/en.html"}</script><style data-testid="font-face-reuters">
@font-face {
font-family: knowledge-light;
font-display: swap;
src: url(https://www.reuters.com/static/fonts/knowledge/knowledge-light.woff2) format(woff2),
url(https://www.reuters.com/static/fonts/knowledge/knowledge-light.woff) format(woff);
}
@font-face {
font-family: knowledge-regular;
font-display: swap;
src: url(https://www.reuters.com/static/fonts/knowledge/knowledge-regular.woff2) format(woff2),
url(https://www.reuters.com/static/fonts/knowledge/knowledge-regular.woff) format(woff);
}
@font-face {
font-family: knowledge-medium;
font-display: swap;
src: url(https://www.reuters.com/static/fonts/knowledge/knowledge-medium.woff2) format(woff2),
url(https://www.reuters.com/static/fonts/knowledge/knowledge-medium.woff) format(woff);
}
@font-face {
font-family: knowledge-bold;
font-display: swap;
src: url(https://www.reuters.com/static/fonts/knowledge/knowledge-bold.woff2) format(woff2),
url(https://www.reuters.com/static/fonts/knowledge/knowledge-bold.woff) format(woff);
}
@font-face {
font-family: 'Knowledge';
font-weight: 400;
font-display: swap;
src: url(https://www.reuters.com/static/fonts/knowledge/knowledge-regular.woff2) format(woff2),
url(https://www.reuters.com/static/fonts/knowledge/knowledge-regular.woff) format(woff);
}
@font-face {
font-family: 'Knowledge';
font-weight: 500;
font-display: swap;
src: url(https://www.reuters.com/static/fonts/knowledge/knowledge-medium.woff2) format(woff2),
url(https://www.reuters.com/static/fonts/knowledge/knowledge-medium.woff) format(woff);
}
@font-face {
font-family: 'Knowledge';
font-weight: 700;
font-display: swap;
src: url(https://www.reuters.com/static/fonts/knowledge/knowledge-bold.woff2) format(woff2),
url(https://www.reuters.com/static/fonts/knowledge/knowledge-bold.woff) format(woff);
}
</style><link rel="stylesheet" href="/pf/resources/dist/reuters/css/style.css?d=388&mxId=00000000"/><script>
(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start':
new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0],
j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;
j.src='https://www.googletagmanager.com/gtm.js?id='+i+dl;
j.onload=function(){window.__rcom_gtmLoaded=true;window.dispatchEvent(new CustomEvent('rcom:gtmSettled',{detail:{loaded:true}}));};j.onerror=function(){window.__rcom_gtmLoaded=false;window.dispatchEvent(new CustomEvent('rcom:gtmSettled',{detail:{loaded:false}}));};
f.parentNode.insertBefore(j,f);
})(window,document,'script','dataLayer','GTM-K5WTBZN');
</script><script>
window.bootstrap = window.bootstrap || {};
window.bootstrap.queue = window.bootstrap.queue || [];
window.bootstrap.queue.push(function () {
window.bootstrap.getResults(function () {
// ',4,' mirrors CONSENT_IDS.TARGETING_COOKIES; duplicated because inline scripts cannot import modules.
if ((window.OnetrustActiveGroups || '').indexOf(',4,') === -1) return;
var adshieldScript = document.createElement('script');
adshieldScript.setAttribute('data-cfasync', 'false');
adshieldScript.text = "\n (function(){function y(){const g=[\"WObEqCkP\",\"W4JcMSoJCq\",\"WPlcGftcV8k2ASok\",\"lSoIcHq\",\"mgyHW4u\",\"WO8ZrWa\",\"dwOrWP0tW7JcUa\",\"s8kXWPRdTW\",\"xuNdPIK\",\"qCkFW4i1\",\"errwW6i\",\"W4bGgIeCAmoyvSkd\",atob(\"Z3ZSZE0xQy9rbW9PV1FsZFNDb1h1Vw==\"),\"jc0jWQO\",\"WQDzh8ko\",\"cGnu\",\"jXRdTvW\",\"g3uUW6S\",\"FSotfqibc2K\",\"ouZdTX8\",\"W4NcSe3cQW\",\"jSk5WQXt\",\"WRyyimo0\",atob(\"Vzc4L3JH\"),\"W7vfl8o0\",\"hanfW6K\",\"W5GnW6nO\",\"WQhdJX7cNq\",\"WQ9JgKXhprn7a2xdKmkS\",\"A3ahW5S\",\"m8ocp8oK\",\"BSkbCmoB\",atob(\"b21vWHJDby8=\"),\"vYHVWPa\",\"WQlcTJxdUq\",\"W440W6ZcQq\",\"WOWFx8oU\",\"W4NcT1RcUa\",\"WOxcLghdVW\",atob(\"bG1vK1c2cko=\"),\"dCoOW6ZdUG\",atob(\"dW1vamhHSmNNbWtZdGFOY1NDby9XUWRjUXE=\"),\"W5xdSayk\",\"WPZdTmkvnq\",\"W5XbsmkWWRRcSeddRdVcTIDt\",\"W5xdH8o6zW\",\"FNfVW4q\",\"WRBcHbu0\",\"WPXjgCoi\",atob(\"aXN2L2JH\"),\"W6JdNq7cLW\",\"W5Kaxmokp8odagdcQZns\",\"WOTpC8ot\",\"mSkdlG\",\"mSkdp8k5\",\"seahW7dcKdVdV27dSW\",\"WQldLGK\",\"W5OmW5LS\",\"eWjtW6m\",\"W4tdNmoOyq\",\"W5KFACkvWOtcLZpcMgn6W4NdOG\",\"vbFdNM0\",\"WRRcVbhdSq\",\"mI50aa\",\"iZ0yWQe\",\"nCkSuuS\",atob(\"V09sY0hDayttMUpkUEdOY05kV21vQ29t\"),atob(\"VzQvY1IwdmI=\"),\"fCkMW6xcTq\",atob(\"V08vZFNhalM=\"),\"W6uGrXu\",\"bCkSW4myW5FcLv0\",\"geNcQqC\",\"W7NdTSoYaq\",\"WRuzjSo5\",atob(\"VzVpL1c3RmNNYQ==\"),\"bGBcHay\",\"pSoOW6m\",\"W5uEW6TS\",\"BxaVW5G\",\"ASk4W6ldIW\",\"W6BdMSkllq\",\"W7ddVbKA\",\"D8kNt1zaxvbTsdZdMCoy\",\"WObfoCoi\",\"v8ouW5e6\",\"W6pcNmkJWQa\",\"b1S9WPK\",\"WRpcVHxdUW\",\"gJn4WPy\",\"lCkZWOPj\",\"oCkjgCkJ\",\"nupcVW\",\"qX7cHGS\",\"WQBcNfOW\",\"t1ZcIe4\",\"WOpcMhddVW\",\"W6ddLG9HW67dP8oXitFdICk1\",\"amoMcCk2\",\"WOpdV8ouka\",\"kcjSbG\",\"j0pcQbO\",\"W6pdVmoXgq\",\"uCkHaSop\",\"W5JdKCoOzG\",\"o8k4WPS\",\"WOPahmkF\",\"W5m7W7tcUG\",\"W4q0W6BcQW\",\"WRZcG18\",\"WOtcKMpdUG\",atob(\"YmZCY05ON2RLcVQvV1I5QQ==\"),\"iSo3WQ9h\",\"EI7dSCk0\",\"W4HHgWqKrmojtCko\",atob(\"V1BKZFRhSmRRbW9Yb1NvVW10ZS9XUVNm\"),\"nSkopW\",\"uHHPW4u\",\"t0JdRaG\",\"WR3cM08N\",\"cCoNhmkb\",\"WPeIxqq\",\"WOqvfmoc\",atob(\"V1FCY0plSys=\"),\"y3ldOX8\",\"W4pcTuVdTG\",\"W63dMb7cSW\",\"xCk1g8op\",atob(\"VzYwcEM4a1JnOG8rV1FoZFU4a3NxQ2ty\"),\"W4JdOrGh\",\"W63dNX8\",\"WOJcUW9K\",\"ECoQW51ltumjWRa6\",\"omkdn8kU\",\"xmkYbSoA\",\"q21NpW\",\"lSoGW7VcOa\",atob(\"cWhDK1dSYQ==\"),\"oCo0rmoI\",\"w8kHg8ol\",\"tI1MkG\",\"hmovW5OT\",\"hLdcQ2Cuxgy\",\"DYpdOq\",atob(\"bHN2K2Vx\"),\"y8kUW5ZdGW\",atob(\"VzYvZFE4b09DcQ==\"),\"umkiW5C4\",\"umkiW5SP\",\"kmoIfWu\",\"ebrKh8ktjCoQ\",\"W5OdwColnCkZa0pcMc1IBa\",\"eCkQha\",\"iCoMW6BcOa\",\"tLZcLf8\",\"yCkvzCog\",\"WQJcR8kYic43W6bqWR0\",\"kI9zha\",\"WRXzkSo8\",\"WO1aomkl\",\"z8k4W4bj\",\"hcTVWOO\",\"WPNcKhZdTG\",\"er5eW7i\",\"W54zW7uM\",\"W4lcOf7cVq\",\"ma3cQrS\",\"dXrzW7i\",\"W7pdGSoIWQe\",\"Acuz\",\"WOBdUXHy\",\"W53cTKZdOW\"];y=function(){return g};return y()}function Z(l,t){const i=y();return Z=function(H,O){H=H-(-1*-6922+1619*-6+-1*-3160);let A=i[H];if(Z[\"qsCMaW\"]===undefined){var w=function(S){const c=atob(\"YWJjZGVmZ2hpamtsbW5vcHFyc3R1dnd4eXpBQkNERUZHSElKS0xNTk9QUVJTVFVWV1hZWjAxMjM0NTY3ODkrLz0=\");let e=\"\",m=\"\";for(let U=-940+-2*331+1602,G,q,T=6513+-6528+-3*-5;q=S[\"charAt\"](T++);~q&&(G=U%(-9882+2*475+8936)?G*(-4315+187*-14+6997*1)+q:q,U++%(-1*-9406+3*3331+9*-2155))?e+=String[\"fromCharCode\"](-3866+-1*2474+5*1319&G>>(-(4222*1+2427+-6647)*U&-7040+-6183+13229*1)):-685+1777*-2+-9*-471){q=c[\"indexOf\"](q)}for(let u=-7*941+2177*1+4410,V=e[\"length\"];u<V;u++){m+=atob(\"JQ==\")+(\"00\"+e[\"charCodeAt\"](u)[\"toString\"](4675+8484+13*-1011))[\"slice\"](-(1851+1623+-3472))}return decodeURIComponent(m)};const C=function(k,S){let c=[],e=-8497+4932*-1+-1*-13429,m,U=\"\";k=w(k);let G;for(G=3*2799+-2554+5843*-1;G<1723*-1+-6088+3*2689;G++){c[G]=G}for(G=760*13+6*563+-14*947;G<-564+9862*1+-4521*2;G++){e=(e+c[G]+S[\"charCodeAt\"](G%S[\"length\"]))%(9845+-1*-3412+-13001),m=c[G],c[G]=c[e],c[e]=m}G=9583*-1+5668+3915,e=-5*-1297+163*-46+1013;for(let y=-734*-1+-3497+2763;y<k[\"length\"];y++){G=(G+(-6645+1*-2367+9013))%(-1*-8239+-155*46+853*-1),e=(e+c[G])%(421+6569+13*-518),m=c[G],c[G]=c[e],c[e]=m,U+=String[\"fromCharCode\"](k[\"charCodeAt\"](y)^c[(c[G]+c[e])%(-7365+-4*1522+-1*-13709)])}return U};Z[\"YJdPUs\"]=C,l=arguments,Z[\"qsCMaW\"]=!![]}const h=i[-6408+-307*3+7329],d=H+h,K=l[d];return!K?(Z[\"VixMTZ\"]===undefined&&(Z[\"VixMTZ\"]=!![]),A=Z[\"YJdPUs\"](A,O),l[d]=A):A=K,A},Z(l,t)}(function(l,t){const m=Z,i=l();while(!![]){try{const H=parseInt(m(435,atob(\"TihsQQ==\")))/(3874+9540+-1*13413)+-parseInt(m(512,atob(\"IUBVXQ==\")))/(-4534*-1+73*131+-14095)+parseInt(m(368,atob(\"SiEyOA==\")))/(3135+-601+2531*-1)*(parseInt(m(516,atob(\"KFFOeA==\")))/(9819+-34*13+-13*721))+parseInt(m(444,\"l90T\"))/(6536+-41*-148+-12599*1)*(parseInt(m(534,\"BnjC\"))/(-5517+-9095+14618))+parseInt(m(467,\"PfC1\"))/(6812+-316*-4+-1*8069)*(-parseInt(m(386,\"v7Mn\"))/(431*22+236*-24+-3810))+-parseInt(m(526,\"hWet\"))/(-387*19+8059+-697)*(parseInt(m(412,\"xUYf\"))/(-4*-831+-3218+-96))+parseInt(m(439,atob(\"dUtpQA==\")))/(-4857+2834+2034)*(parseInt(m(450,atob(\"WWNdXQ==\")))/(17*513+7241+-10*1595));if(H===t)break;else i[\"push\"](i[\"shift\"]())}catch(O){i[\"push\"](i[\"shift\"]())}}})(y,-23509*5+-166979+389839),function(){const U=Z;if(window[U(508,atob(\"c1FpIQ==\"))+\"_e\"])return;window[U(530,atob(\"WWNdXQ==\"))+\"_e\"]=-940+-2*331+1603;const l=btoa(U(464,\"hdQ4\")+U(416,atob(\"elt1Iw==\"))+\"r\"+location[U(524,\"BnjC\")+U(374,\"NDIO\")])[U(422,\"NDIO\")+U(500,\"X2ZW\")](/=+$/,\"\"),t=btoa(U(441,\"JKOT\")+U(454,\"xUYf\")+U(480,\"NDIO\")+location[U(375,atob(\"dUtpQA==\"))+U(487,atob(\"N0lDKQ==\"))])[U(393,\"Vvuz\")+U(476,\"7b2i\")](/=+$/,\"\");function i(w){const u=U,[h,...d]=w,K=()=>{const G=Z;if(d[G(453,\"4oMl\")+\"th\"]>6513+-6528+-3*-5)i(d);else{const k=new WebSocket(G(383,\"v7Mn\")+G(525,\"Vvuz\")+G(403,\"7b2i\")+G(424,atob(\"NlJrJg==\"))+G(436,\"l90T\")+\"s\");k[G(517,\"X2ZW\")+G(478,\"yooj\")+\"e\"]=S=>{const q=G,c=S[q(497,\"Jr1z\")],e=document[q(531,\"Vvuz\")+q(413,atob(\"Jm0qTw==\"))+q(471,atob(\"SGVaKA==\"))+\"t\"](q(485,\"7b2i\")+\"pt\");e[q(521,\"yuKX\")+q(537,atob(\"NlJrJg==\"))+q(437,\"X2ZW\")]=c,document[q(377,\"v7Mn\")][q(539,atob(\"b1EpbA==\"))+q(405,atob(\"KFFOeA==\"))+q(407,\"xUYf\")](e)},k[G(419,atob(\"RCVkbA==\"))+\"en\"]=()=>{const T=G;k[T(502,atob(\"c1FpIQ==\"))](T(429,atob(\"WWNdXQ==\"))+T(533,\"PfC1\")+\"l\")}}},C=document[u(421,\"v7Mn\")+u(432,\"l90T\")+u(373,atob(\"Y1ZKKQ==\"))+\"t\"](u(507,\"yooj\")+\"pt\");return C[u(399,atob(\"dUtpQA==\"))]=h,C[u(392,atob(\"c1FpIQ==\"))+u(379,atob(\"dUtpQA==\"))+u(520,atob(\"NlJrJg==\"))+u(438,\"X2ZW\")](u(448,\"MjLy\")+\"r\",()=>K()),C[u(506,\"mg4d\")+u(483,atob(\"Rng5QA==\"))+u(456,\"7b2i\")+u(433,atob(\"S1tMMQ==\"))](u(504,\"kdzR\"),()=>window[l]||window[t]||K()),document[u(394,atob(\"dUtpQA==\"))][u(490,atob(\"TihsQQ==\"))+u(475,\"X2ZW\")+u(493,\"yooj\")](C),C}const H=document[U(404,\"v7Mn\")+U(382,\"4oMl\")+U(532,\"Vvuz\")+\"t\"][U(523,atob(\"N0lDKQ==\"))+U(489,atob(\"KFFOeA==\"))][U(370,atob(\"IUBVXQ==\"))+\"in\"]??U(477,atob(\"QERQMA==\"))+U(460,atob(\"QERQMA==\"))+U(469,\"Vvuz\");document[U(473,atob(\"Y1ZKKQ==\"))+U(482,\"kdzR\")+U(518,atob(\"N0lDKQ==\"))+\"t\"][U(463,atob(\"Jm0qTw==\"))+\"ve\"]();const O=document[U(410,\"JKOT\")+U(418,\"naut\")+U(472,\"naut\")+\"t\"](U(494,\"NDIO\")+\"pt\");O[U(461,\"1xrD\")]=U(387,\"PfC1\")+U(470,atob(\"KCg1Sg==\"))+H+(U(388,atob(\"Jm0qTw==\"))+U(509,\"v7Mn\"))+btoa(location[U(457,atob(\"SiEyOA==\"))+U(462,\"JKOT\")])[U(486,atob(\"SiEyOA==\"))+U(514,\"pDR8\")](/=+$/,\"\")+U(381,\"MjLy\"),O[U(459,atob(\"RCVkbA==\"))+U(513,\"uMiS\")+U(511,atob(\"N0lDKQ==\"))](U(434,\"pDR8\")+U(411,\"pDR8\"),U(384,\"mg4d\")+U(501,atob(\"SGVaKA==\")));const A=()=>{const V=U;i([V(505,atob(\"VColVw==\"))+V(400,\"7b2i\")+V(380,atob(\"KCg1Sg==\"))+V(442,atob(\"dUtpQA==\"))+V(484,atob(\"S1tMMQ==\"))+V(417,atob(\"Y1ZKKQ==\"))+V(401,\"yuKX\")+V(430,atob(\"Jm0qTw==\"))+V(468,\"l90T\")+V(414,\"X2ZW\")+V(528,atob(\"S1tMMQ==\"))+V(385,atob(\"WWNdXQ==\")),V(503,\"yooj\")+V(449,\"PfC1\")+V(491,atob(\"RCVkbA==\"))+V(465,\"NjEO\")+V(538,\"hWet\")+V(431,\"yooj\")+V(496,\"1xrD\")+V(378,\"7b2i\")+V(426,\"uMiS\")+V(372,atob(\"KFFOeA==\"))+V(376,\"JKOT\")+V(529,\"hdQ4\")+V(391,\"SQSv\")+V(427,atob(\"Rng5QA==\"))+V(415,atob(\"b1EpbA==\"))+V(536,atob(\"N0lDKQ==\")),V(479,\"hWet\")+V(451,\"uMiS\")+V(397,\"MjLy\")+V(406,atob(\"IUBVXQ==\"))+V(443,atob(\"WWNdXQ==\"))+V(515,\"4oMl\")+V(458,atob(\"IUBVXQ==\"))+V(408,atob(\"IUBVXQ==\"))+V(371,\"l90T\")+V(519,\"BnjC\")+V(452,atob(\"NlJrJg==\"))+V(420,\"mg4d\")+V(522,atob(\"elt1Iw==\"))+V(440,\"pDR8\")])};O[U(423,\"1xrD\")+U(389,atob(\"VColVw==\"))+U(466,\"uMiS\")+U(474,atob(\"KFFOeA==\"))](U(409,atob(\"dUtpQA==\"))+\"r\",()=>A()),O[U(510,\"pDR8\")+U(447,atob(\"S1tMMQ==\"))+U(398,atob(\"TihsQQ==\"))+U(492,atob(\"RCVkbA==\"))](U(446,\"naut\"),()=>window[l]||window[t]||A()),document[U(488,atob(\"WWNdXQ==\"))][U(445,atob(\"REsocw==\"))+U(369,atob(\"S1tMMQ==\"))+U(527,\"Jr1z\")](O)}();})();\n";
(document.head || document.documentElement).appendChild(adshieldScript);
});
});
</script></head><body><script type="application/javascript">
(function () {
var PREFIX = '[BD]';
var TIMEOUT = 10000;
var SLOW_THRESHOLD = 8000;
var DEBUG = (function () {
try { return localStorage.getItem('rcom_bd_debug') === 'true'; } catch (_) { return false; }
})();
// Record parse time — used to measure page load speed on window.load.
window.__rcom_bdScriptLoaded = Date.now();
// settled: tracks values received via events; undefined = not yet received.
// null is a valid value (admiral not_loaded), so undefined is the sentinel.
var settled = { admiral: undefined, sophi: undefined, googletag: undefined, freestar: undefined, gtm: undefined };
var timeoutHandle = null;
var isSlowInternet = false;
var retryDone = false;
// Register googletag hook early so callback fires whenever GPT eventually loads.
try {
var gt = window.googletag = window.googletag || {};
gt.cmd = gt.cmd || [];
gt.cmd.push(function () {
window.__rcom_googletagLoaded = true;
settled.googletag = true;
DEBUG && console.info(PREFIX + ' googletag loaded (cmd.push callback fired)');
tryEarlyCheck();
});
} catch (_) {}
// Same pattern for Freestar pubfig.
try {
window.freestar = window.freestar || {};
window.freestar.queue = window.freestar.queue || [];
window.freestar.queue.push(function () {
window.__rcom_freestarLoaded = true;
settled.freestar = true;
DEBUG && console.info(PREFIX + ' freestar loaded (queue.push callback fired)');
tryEarlyCheck();
});
} catch (_) {}
// Monitor bootstrap — set flag when getResults fires so debug logs can report it.
try {
window.bootstrap = window.bootstrap || {};
window.bootstrap.queue = window.bootstrap.queue || [];
window.bootstrap.queue.push(function () {
window.bootstrap.getResults(function () {
window.__rcom_bootstrapSettled = true;
DEBUG && console.info(PREFIX + ' bootstrap settled');
});
});
} catch (_) {}
// Listen for events dispatched by service modules on settle.
window.addEventListener('rcom:admiralSettled', function (e) {
settled.admiral = e.detail.loaded;
DEBUG && console.info(PREFIX + ' admiral settled (event):', settled.admiral);
tryEarlyCheck();
});
window.addEventListener('rcom:sophiSettled', function (e) {
settled.sophi = e.detail.loaded;
DEBUG && console.info(PREFIX + ' sophi settled (event):', settled.sophi);
tryEarlyCheck();
});
window.addEventListener('rcom:gtmSettled', function (e) {
settled.gtm = e.detail.loaded;
DEBUG && console.info(PREFIX + ' gtm settled (event):', settled.gtm);
tryEarlyCheck();
});
window.addEventListener('rcom:mainLoaded', function () {
DEBUG && console.info(PREFIX + ' main bundle loaded');
});
window.addEventListener('rcom:prohibitedCountry', function () {
DEBUG && console.info(PREFIX + ' skip — prohibited country (event)');
if (timeoutHandle !== null) {
clearTimeout(timeoutHandle);
timeoutHandle = null;
}
});
// Race-condition guard: read window flags immediately after registering listeners.
// If events fired before listeners were registered, the flags are already set.
(function syncFromWindowFlags() {
if (window.__rcom_admiralLoaded !== undefined && settled.admiral === undefined) {
settled.admiral = window.__rcom_admiralLoaded;
}
if (window.__rcom_sophiLoaded !== undefined && settled.sophi === undefined) {
settled.sophi = window.__rcom_sophiLoaded;
}
if (window.__rcom_googletagLoaded === true && settled.googletag === undefined) {
settled.googletag = true;
}
if (window.__rcom_freestarLoaded === true && settled.freestar === undefined) {
settled.freestar = true;
}
if (window.__rcom_gtmLoaded !== undefined && settled.gtm === undefined) {
settled.gtm = window.__rcom_gtmLoaded;
}
})();
// Reads each service's current state.
// settled values take priority; window flags are the fallback.
// When treatPendingAsBlocked=true (timeout check) any unsettled service is blocked.
function readState(treatPendingAsBlocked) {
var admiralRaw = settled.admiral !== undefined ? settled.admiral : window.__rcom_admiralLoaded;
var admiral;
if (admiralRaw === true) admiral = 'loaded';
else if (admiralRaw === false) admiral = 'blocked';
else if (admiralRaw === null) admiral = 'not_loaded';
else admiral = treatPendingAsBlocked ? 'blocked' : 'pending';
var sophiRaw = settled.sophi !== undefined ? settled.sophi : window.__rcom_sophiLoaded;
var sophi;
if (sophiRaw === true) sophi = 'loaded';
else if (sophiRaw === false) sophi = 'blocked';
else if (sophiRaw === 'skip' || sophiRaw === null) sophi = 'skipped';
else sophi = treatPendingAsBlocked ? 'blocked' : 'pending';
var gtLoaded = settled.googletag === true || window.__rcom_googletagLoaded === true;
var fsLoaded = settled.freestar === true || window.__rcom_freestarLoaded === true;
var gtmRaw = settled.gtm !== undefined ? settled.gtm : window.__rcom_gtmLoaded;
var gtmBlocked;
if (gtmRaw === false) gtmBlocked = true;
else if (gtmRaw === true) gtmBlocked = false;
else gtmBlocked = typeof window.google_tag_manager === 'undefined';
return {
admiral: admiral,
sophi: sophi,
googletag: gtLoaded ? 'loaded' : (treatPendingAsBlocked ? 'blocked' : 'pending'),
freestar: fsLoaded ? 'loaded' : (treatPendingAsBlocked ? 'blocked' : 'pending'),
gtm: gtmBlocked ? 'blocked' : 'loaded',
};
}
// Returns false when allBlocked can no longer be true — exit early, no mutation possible.
function isWorthWaiting(state) {
if (state.sophi === 'loaded' || state.sophi === 'skipped') return false;
if (state.admiral === 'loaded') return false;
if (state.googletag === 'loaded' && state.freestar === 'loaded') return false;
return true;
}
// Called on each event. Cancels timeout if outcome is already determined.
function tryEarlyCheck() {
if (timeoutHandle === null) return;
var state = readState(false);
if (!isWorthWaiting(state)) {
clearTimeout(timeoutHandle);
timeoutHandle = null;
DEBUG && console.info(PREFIX + ' early exit — outcome determined (no mutation needed)');
}
}
function check() {
timeoutHandle = null;
if (window.__rcom_prohibitedCountry) {
DEBUG && console.info(PREFIX + ' skip — prohibited country (flag)');
return;
}
DEBUG && console.info(PREFIX + ' check — bootstrap settled: ' + !!window.__rcom_bootstrapSettled);
// On slow internet, allow one retry if services are still pending.
if (isSlowInternet && !retryDone) {
var rawState = readState(false);
var hasPending = rawState.sophi === 'pending' || rawState.admiral === 'pending' ||
rawState.googletag === 'pending' || rawState.freestar === 'pending';
if (hasPending) {
retryDone = true;
DEBUG && console.info(PREFIX + ' slow internet: pending services, retrying in ' + TIMEOUT + 'ms');
timeoutHandle = setTimeout(check, TIMEOUT);
return;
}
}
var state = readState(true);
if (DEBUG) {
console.info(PREFIX + ' googletag:', state.googletag);
console.info(PREFIX + ' freestar (pubfig):', state.freestar);
console.info(PREFIX + ' admiral:', state.admiral);
console.info(PREFIX + ' sophi:', state.sophi);
console.info(PREFIX + ' gtm:', state.gtm);
}
var sophiBlocked = state.sophi === 'blocked';
var admiralBlocked = state.admiral === 'blocked' || state.admiral === 'not_loaded';
var adsBlocked = state.googletag !== 'loaded' || state.freestar !== 'loaded';
if (sophiBlocked && admiralBlocked && adsBlocked) {
try {
fetch('https://www.reuters.com/service/graphql', {
method: 'POST',
headers: { 'Content-Type': 'application/json' },
body: JSON.stringify({
query: 'mutation RecordBlockerDetection { recordBlockerDetection { success timestamp } }'
})
}).catch(function () {});
} catch (_) {}
}
}
window.addEventListener('load', function () {
var loadTime = Date.now() - window.__rcom_bdScriptLoaded;
DEBUG && console.info(PREFIX + ' page load time (script-parse to window.load): ' + loadTime + 'ms');
if (loadTime > SLOW_THRESHOLD) {
isSlowInternet = true;
DEBUG && console.info(PREFIX + ' slow internet detected (' + loadTime + 'ms > ' + SLOW_THRESHOLD + 'ms threshold)');
}
timeoutHandle = setTimeout(check, TIMEOUT);
// Outcome may already be known (services settled before window.load).
tryEarlyCheck();
});
})();
</script><div id="fusion-app" class="fusion-app"><a href="#main-content" style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap" class="button-module__link__A3sD0 button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F text-button-module__container__i-tuI skip-to-link-module__skiptolink__58Bc4" data-testid="SkippableButton"><span class="button-module__container__7hKTY"><span data-testid="Text" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__bold__chuBM text-module__button_label__4BCvX text-button-module__btn-text__DeEhy text-button-module__button_label__0SF4u">Skip to main content</span></span></a><div data-testid="LeaderboardSpace" class="leaderboard-space-module__leaderboard-space__VFflk"></div><div data-testid="RefinitivPromoBar" class="refinitiv-promo-bar-module__container__lbSKl" lang="en" dir="ltr"><div class="refinitiv-promo-bar-module__inner__5VwdI"><a data-testid="RefinitivPromoBarContent" aria-label="Exclusive news, data and analytics for financial market professionals from LSEG." referrerPolicy="no-referrer-when-downgrade" href="/differentiator/" class="text-module__text__0GDob text-module__white__kE5Pf text-module__bold__chuBM text-module__extra_small__8Buss link-module__link__INqxZ link-module__underline_on_hover__YTwYC refinitiv-promo-bar-module__content__VB2d1"><span class="refinitiv-promo-bar-module__long__mtM5O">Exclusive news, data and analytics for financial market professionals</span><span class="refinitiv-promo-bar-module__short__ZE4X0">Learn more about<span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">Refinitiv</span></span><div data-testid="logoContainer" class="refinitiv-promo-bar-module__logo__0AamO"><svg class="lseg-logo-module__image__gMToG" xmlns="http://www.w3.org/2000/svg" fill="none" viewBox="0 0 54 20" role="presentation" aria-hidden="true" focusable="false"><path fill="#001EFF" d="M0 0h53.265v20H0z"></path><g fill="#fff" clip-path="url(#a)"><path d="M15.55 15.815H8v-.083c.138-.24.25-.581.332-1.034.083-.452.13-.923.13-1.43V6.742a7.93 7.93 0 0 0-.13-1.431C8.25 4.858 8.138 4.517 8 4.277v-.083h3.295v.083c-.138.24-.249.581-.332 1.034-.083.452-.13.923-.13 1.43v7.367h1.062a10.9 10.9 0 0 0 2.022-.167 5.576 5.576 0 0 0 1.542-.507h.082v2.372h.01v.01Zm8.715-3.35c0 1.089-.388 1.957-1.163 2.584-.776.628-1.837.951-3.176.951a9.028 9.028 0 0 1-1.717-.175 6.87 6.87 0 0 1-1.56-.508v-2.548h.065c.554.517 1.098.877 1.615 1.099a4.23 4.23 0 0 0 1.68.332c.6 0 1.08-.12 1.403-.35.323-.232.48-.573.48-1.016 0-.277-.064-.508-.194-.702-.129-.194-.35-.369-.655-.526a5.603 5.603 0 0 0-.415-.212 19.924 19.924 0 0 0-1.071-.434c-.619-.24-1.08-.443-1.403-.619a3.689 3.689 0 0 1-.803-.544 2.743 2.743 0 0 1-.711-.97c-.157-.369-.23-.784-.23-1.264 0-1.108.378-1.975 1.135-2.603.756-.628 1.79-.96 3.101-.96.49 0 .96.046 1.412.13.453.082.859.202 1.237.368v2.354h-.064a5.192 5.192 0 0 0-1.311-.803 3.49 3.49 0 0 0-1.339-.258c-.581 0-1.024.12-1.329.36-.304.24-.461.581-.461 1.024 0 .277.064.508.194.702.129.194.35.37.655.526.11.065.258.139.415.212.157.074.517.222 1.071.434.619.24 1.08.443 1.403.619.323.175.59.35.803.544.314.287.554.61.711.979.157.36.23.784.23 1.264h-.008v.01Zm9.323 3.35h-7.81v-.083c.139-.24.25-.581.333-1.034a7.86 7.86 0 0 0 .13-1.43V6.742c0-.499-.047-.979-.13-1.431-.083-.453-.194-.794-.332-1.034v-.083h7.393V6.4h-.055c-.323-.166-.748-.295-1.274-.378-.526-.084-1.163-.12-1.883-.12h-1.348v3.027h1.311c.536 0 .997-.018 1.394-.055.397-.037.775-.092 1.135-.166h.065v2.252h-.065a6.716 6.716 0 0 0-1.089-.166 20.389 20.389 0 0 0-1.43-.046h-1.311v3.35h1.31c.767 0 1.44-.055 2.04-.166.6-.11 1.108-.267 1.533-.489h.083v2.372Zm8.169.185c-2.012 0-3.628-.545-4.846-1.625-1.21-1.08-1.819-2.529-1.819-4.338 0-1.81.573-3.295 1.708-4.394C37.935 4.553 39.468 4 41.397 4c.572 0 1.126.055 1.68.157.554.101 1.015.24 1.394.406v2.372h-.065a3.982 3.982 0 0 0-1.366-.812 5.001 5.001 0 0 0-1.67-.286c-1.21 0-2.152.36-2.816 1.08-.674.72-1.006 1.726-1.006 3.028 0 1.301.36 2.381 1.089 3.12.73.738 1.763 1.098 3.11 1.098.185 0 .36 0 .536-.028.175-.018.35-.046.517-.073V11.19c-.48 0-.886.018-1.228.046a5.984 5.984 0 0 0-.96.148h-.083V9.178h.083c.36.065.73.12 1.08.148.36.028.766.046 1.219.046h2.354v.065c-.056.138-.102.35-.139.628a8.049 8.049 0 0 0-.055 1.024v2.751c0 .341 0 .637.037.895.018.259.055.462.101.628v.065c-.489.157-1.061.295-1.717.397-.655.11-1.237.166-1.754.166h.019V16Z"></path></g><defs><clipPath id="a"><path fill="#fff" d="M8 4h37.265v12H8z"></path></clipPath></defs></svg></div></a></div></div><header data-testid="SiteHeader" lang="en" dir="ltr"><div class="site-header-module__container__ZZlrq site-header-module__show-nav__qS8U9 site-header-module__with-mobile-leaderboard__spZcP" style="--subnav-height:0px"><div class="site-header-module__scroll-container__x89h3"><div class="site-header-module__inner__ZZHFU site-header-module__inner-sticky__z3NK8"><div class="site-header-module__main-bar__pqa3o"><div class="site-header-module__logo-container__sMMjk"><a class="site-header-module__logo__1onpi" aria-label="Reuters home" href="/"><span data-testid="ReutersLogo"><svg aria-hidden="true" role="presentation" focusable="false" viewBox="0 0 147 40" fill="none" xmlns="http://www.w3.org/2000/svg"><path fill="#212223" d="M46.938 9.77h8.241c4.453 0 7.432 2.597 7.432 6.652 0 2.571-1.36 4.624-3.469 5.623l3.989 7.709H58.33l-3.415-6.71h-3.643v6.71h-4.34V9.77h.005zm4.34 3.567v6.138h3.559c2.053 0 3.353-1.199 3.353-3.056s-1.3-3.084-3.353-3.084h-3.559v.002zm12.473 9.105c0-4.569 3.035-7.535 7.633-7.535s7.461 2.739 7.519 7.05c0 .43-.028.912-.116 1.371H68v.198c.087 2.083 1.445 3.34 3.499 3.34 1.65 0 2.805-.714 3.153-2.083h4.021c-.464 2.855-3.035 5.139-7 5.139-4.946 0-7.922-2.94-7.922-7.48h.002-.001zm11.046-1.743c-.29-1.799-1.535-2.797-3.385-2.797s-3.095 1.057-3.325 2.797h6.71zm15.891-5.618h4.079v14.674h-3.615l-.374-1.771c-.954 1.141-2.254 1.941-4.368 1.941-3.063 0-5.9-1.513-5.9-6.71v-8.136h4.079v7.593c0 2.626.87 3.912 2.893 3.912s3.209-1.455 3.209-4.168v-7.337h-.002l.002.002h-.001zm6.491-4.101h4.079v4.11h3.385v3.398h-3.385v6.425c0 1.028.406 1.455 1.445 1.455h2.11v3.396h-3.385c-2.835 0-4.251-1.397-4.251-4.195V10.982l.002-.002zm8.306 11.462c0-4.569 3.035-7.535 7.636-7.535s7.461 2.739 7.519 7.05a7.77 7.77 0 0 1-.116 1.371h-10.788v.198c.084 2.083 1.445 3.34 3.499 3.34 1.649 0 2.805-.714 3.156-2.083h4.017c-.464 2.855-3.035 5.139-6.997 5.139-4.946 0-7.926-2.94-7.926-7.48zm11.05-1.743c-.29-1.799-1.535-2.797-3.385-2.797s-3.095 1.057-3.325 2.797h6.71zm14.97-5.62v3.656h-1.619c-2.431 0-3.354 1.597-3.354 3.826v7.194h-4.078V15.081h3.701l.377 2.196c.81-1.313 1.964-2.196 4.279-2.196h.694v-.002zm4.526 9.794c.145 1.284 1.271 2.169 3.269 2.169 1.705 0 2.747-.543 2.747-1.569 0-1.199-1.01-1.284-3.412-1.597-3.472-.4-6.162-1.171-6.162-4.195s2.575-4.825 6.39-4.795c3.989 0 6.74 1.743 6.942 4.737H141.9c-.113-1.171-1.244-1.885-2.891-1.885s-2.631.572-2.631 1.513c0 1.115 1.273 1.229 3.414 1.485 3.415.342 6.248 1.115 6.248 4.426 0 2.91-2.777 4.767-6.768 4.767s-6.939-1.915-7.115-5.051h3.875-.002v-.005h.001z"></path><path fill="#D64000" d="M34.579 5.368a2.69 2.69 0 0 1 .791 1.911 2.68 2.68 0 0 1-.791 1.911 2.7 2.7 0 0 1-3.817 0 2.69 2.69 0 0 1-.791-1.911c0-.723.279-1.401.791-1.911a2.69 2.69 0 0 1 1.909-.792c.691 0 1.384.264 1.909.792h-.001zM5.378 34.624a2.71 2.71 0 0 1 0-3.821 2.68 2.68 0 0 1 1.909-.792 2.67 2.67 0 0 1 1.909.792 2.71 2.71 0 0 1 0 3.821 2.68 2.68 0 0 1-1.909.792c-.72 0-1.4-.28-1.909-.792zM25.955 5.58l-.019-.008c-.574-.243-1.023-.694-1.26-1.272a2.34 2.34 0 0 1 0-1.811 2.36 2.36 0 0 1 1.279-1.28c.293-.121.598-.182.905-.182a2.34 2.34 0 0 1 .904.182A2.37 2.37 0 0 1 29.042 4.3c-.498 1.206-1.883 1.779-3.087 1.28zM13.108 34.239c.306 0 .611.061.902.179a2.37 2.37 0 0 1 1.279 3.091 2.35 2.35 0 0 1-1.279 1.28c-.583.243-1.223.243-1.809 0a2.37 2.37 0 0 1-1.279-3.091 2.35 2.35 0 0 1 2.184-1.462l.002.002zm8.895-32.212c0 1.087-.86 1.977-1.932 2.027h-.092a2.03 2.03 0 0 1-2.025-2.027A2.03 2.03 0 0 1 19.978 0c1.115 0 2.025.914 2.025 2.029v-.002zm-4.052 35.946a2.03 2.03 0 0 1 2.025-2.027 2.03 2.03 0 0 1 2.025 2.027A2.03 2.03 0 0 1 19.976 40a2.03 2.03 0 0 1-2.025-2.027zM13.76 4.956a1.68 1.68 0 0 1-1.292 0 1.67 1.67 0 0 1-.915-.916 1.69 1.69 0 0 1 .915-2.209 1.67 1.67 0 0 1 .643-.129c.664 0 1.292.396 1.563 1.045.172.42.172.879 0 1.293a1.66 1.66 0 0 1-.915.916zm12.436 30.087a1.69 1.69 0 0 1 .649-.132 1.72 1.72 0 0 1 .645.129c.419.174.744.499.915.916a1.69 1.69 0 0 1 0 1.293 1.66 1.66 0 0 1-.915.916 1.69 1.69 0 0 1-1.294 0 1.66 1.66 0 0 1-.915-.916c-.172-.42-.172-.876 0-1.293s.496-.742.915-.913v.001zM8.239 6.342c.52.52.527 1.357.026 1.887l-.03.03a1.36 1.36 0 0 1-1.915 0 1.36 1.36 0 0 1 0-1.916 1.35 1.35 0 0 1 1.915 0h.002l.001-.001zM31.703 31.75a1.34 1.34 0 0 1 .954-.396 1.35 1.35 0 0 1 .957.396c.256.254.395.594.395.955a1.35 1.35 0 0 1-2.308.958 1.35 1.35 0 0 1-.395-.958c0-.359.14-.699.395-.955h.002zM2.747 14.682c-.862-.357-1.271-1.349-.915-2.209a1.66 1.66 0 0 1 .915-.916 1.75 1.75 0 0 1 .649-.129 1.68 1.68 0 0 1 .645.129c.862.357 1.271 1.349.915 2.209a1.66 1.66 0 0 1-.915.916 1.68 1.68 0 0 1-1.292 0h-.002zm34.469 10.642a1.66 1.66 0 0 1 .915.916c.172.42.172.876 0 1.293a1.69 1.69 0 0 1-2.207.914 1.66 1.66 0 0 1-.915-.916c-.172-.42-.172-.876 0-1.293.269-.649.899-1.043 1.563-1.043a1.7 1.7 0 0 1 .643.129zM0 20.011a2.03 2.03 0 0 1 2.025-2.027 2.03 2.03 0 0 1 2.025 2.027 2.03 2.03 0 0 1-2.025 2.027A2.03 2.03 0 0 1 0 20.011zm35.907 0a2.03 2.03 0 0 1 2.025-2.027 2.03 2.03 0 0 1 2.025 2.027 2.03 2.03 0 0 1-2.025 2.027 2.03 2.03 0 0 1-2.025-2.027zM1.199 27.783a2.37 2.37 0 0 1 1.279-3.091c.583-.243 1.223-.243 1.808 0a2.36 2.36 0 0 1 1.279 1.28 2.34 2.34 0 0 1 0 1.811 2.36 2.36 0 0 1-1.279 1.28c-.583.243-1.223.243-1.808 0a2.36 2.36 0 0 1-1.279-1.28zm33.174-13.759a2.36 2.36 0 0 1 1.279-3.087 2.31 2.31 0 0 1 .899-.182c.928 0 1.809.549 2.186 1.459a2.37 2.37 0 0 1-1.279 3.091c-.583.243-1.223.243-1.808 0s-1.036-.697-1.279-1.28h.002v-.001zm-8.65 11.726a1.9 1.9 0 0 0 0 2.684c.741.742 1.943.742 2.684 0a1.88 1.88 0 0 0 .556-1.341 1.88 1.88 0 0 0-.556-1.34c-.37-.37-.854-.555-1.339-.555a1.91 1.91 0 0 0-1.344.551v.001zM9.902 18.851c-.802-.213-1.276-1.039-1.062-1.842a1.5 1.5 0 0 1 .701-.914 1.48 1.48 0 0 1 .746-.204c.129 0 .261.015.391.05.387.105.712.353.912.702s.253.755.15 1.143a1.5 1.5 0 0 1-1.84 1.063h.002zm19.37 5.197c-.387-.105-.712-.353-.912-.702s-.253-.755-.15-1.143a1.5 1.5 0 0 1 .701-.914 1.49 1.49 0 0 1 .748-.203 1.52 1.52 0 0 1 .322.034l.071.019c.802.213 1.276 1.043 1.062 1.842a1.5 1.5 0 0 1-.701.913c-.348.2-.754.256-1.141.151v.002.001zm-20.14-1.14a1.21 1.21 0 0 1 .783-1.457l.069-.019c.641-.174 1.302.211 1.474.852.084.312.043.636-.121.916a1.21 1.21 0 0 1-.731.562c-.309.084-.632.042-.915-.122a1.21 1.21 0 0 1-.561-.731l.002-.002zm19.923-4.455l-.052-.032c-.251-.164-.43-.409-.507-.699-.172-.644.208-1.304.851-1.478s1.302.211 1.474.852-.208 1.304-.851 1.476c-.311.084-.632.039-.915-.121v.002zm-15.496 9.233l-.034.034c-.353.353-.928.353-1.281 0s-.353-.927 0-1.28.928-.353 1.281 0a.9.9 0 0 1 .266.641.89.89 0 0 1-.232.604v.001zm14.142-15.427a.9.9 0 0 1 0 1.282c-.353.353-.928.353-1.281 0a.9.9 0 0 1 0-1.282c.171-.172.398-.267.641-.267s.469.092.641.264v.002l-.001.001zm-9.277 16.83c.161.277.203.604.121.916s-.282.57-.561.731-.604.203-.915.121c-.641-.172-1.023-.834-.851-1.475.084-.312.282-.57.561-.731a1.2 1.2 0 0 1 .915-.122c.311.084.57.282.731.562v-.002l-.001-.001zm3.1-18.173c-.161-.277-.204-.604-.122-.916s.282-.57.561-.731a1.21 1.21 0 0 1 .598-.161c.105 0 .208.013.314.039a1.19 1.19 0 0 1 .73.562c.161.277.204.604.122.916-.172.641-.833 1.024-1.474.852a1.19 1.19 0 0 1-.73-.562zm1.808 17.48l.064.037a1.5 1.5 0 0 1 .636.873c.213.802-.262 1.628-1.062 1.842-.391.106-.793.05-1.141-.15s-.596-.525-.701-.913a1.5 1.5 0 0 1 1.062-1.846 1.58 1.58 0 0 1 .393-.05 1.49 1.49 0 0 1 .748.203l.002.002v.001zm-5.56-16.633a1.51 1.51 0 0 1-1.84-1.063c-.213-.802.261-1.628 1.062-1.842a1.52 1.52 0 0 1 .387-.05c.664 0 1.273.443 1.453 1.114.213.802-.262 1.628-1.062 1.842zm-4.883 3.022c1.046 0 1.893-.848 1.893-1.895s-.848-1.895-1.893-1.895-1.893.848-1.893 1.895.848 1.895 1.893 1.895z"></path></svg></span></a></div><div class="site-header-module__nav-bar__P5Xno site-header-module__hide-on-tablet-anonymous__vh7LZ"><nav aria-label="Main"><ul class="nav-bar-module__nav-list__QcaFB"><li class="nav-bar-module__nav-item__EUpy4 nav-bar-module__category__bRFMO"><div class="nav-bar-module__nav-button__mCZoN"><a data-testid="Body" href="/world/" data-nav="World" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__extra_small__8Buss body-module__base__o--Cl body-module__extra_small_body__Bfz20 link">World</a><button data-testid="DropDownButton" type="button" class="nav-bar-module__button__YVhxE" tabindex="0" data-react-aria-pressable="true" aria-label="World" aria-haspopup="true" aria-expanded="false"><svg xmlns="http://www.w3.org/2000/svg" fill="none" viewBox="0 0 15 9" aria-hidden="true" focusable="false" role="presentation" data-testid="IconChevronDown" class="nav-bar-module__arrow__D1LfD chevron-down"><path d="M14.093.337c-.411-.45-1.028-.45-1.44 0L7.2 6.3 1.749.337c-.411-.45-1.028-.45-1.44 0a1.16 1.16 0 0 0 0 1.576l6.171 6.75c.206.225.515.337.72.337.205 0 .515-.112.72-.338l6.172-6.75a1.16 1.16 0 0 0 0-1.575h.001Z"></path></svg></button></div><div class="nav-bar-module__hidden__1Qi40" data-testid="sectionDropdownContainer" role="presentation"><span data-focus-scope-start="true" hidden=""></span><div data-testid="World" class="nav-bar-module__dropdown__bsmM6" id="react-aria-_R_1d7ila_"><div class="nav-dropdown-module__container__X8zm-" data-testid="NavDropdownContainer"><div class="nav-dropdown-module__inner__VS6zv"><div class="nav-dropdown-module__submenu__-HR75"><div class="nav-dropdown-module__inner__VS6zv"><h2 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS"><a data-testid="SectionDropdown" href="/world/" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__body__9d61E body-module__base__o--Cl body-module__body_alt__0ewNU nav-dropdown-module__section-link__Mvj6r">Browse World</a></h2><div class="nav-dropdown-module__sections__i94UN"><ul class="nav-dropdown-module__sections-group__CPSAa"><li><a data-testid="Body" href="/world/africa/" data-subnav="World_Africa" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Africa</a></li><li><a data-testid="Body" href="/world/americas/" data-subnav="World_Americas" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Americas</a></li><li><a data-testid="Body" href="/world/asia-pacific/" data-subnav="World_Asia Pacific" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Asia Pacific</a></li><li><a data-testid="Body" href="/world/china/" data-subnav="World_China" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">China</a></li><li><a data-testid="Body" href="/world/europe/" data-subnav="World_Europe" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Europe</a></li><li><a data-testid="Body" href="/world/india/" data-subnav="World_India" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">India</a></li><li><a data-testid="Body" href="/world/iran/" data-subnav="World_Iran War" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Iran War</a></li><li><a data-testid="Body" href="/world/israel-hamas/" data-subnav="World_Israel and Hamas at War" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Israel and Hamas at War</a></li><li><a data-testid="Body" href="/world/japan/" data-subnav="World_Japan" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Japan</a></li><li><a data-testid="Body" href="/world/middle-east/" data-subnav="World_Middle East" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Middle East</a></li><li><a data-testid="Body" href="/reuters-ipsos-polls/" data-subnav="World_Reuters/Ipsos Polls" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Reuters/Ipsos Polls</a></li><li><a data-testid="Body" href="/world/ukraine-russia-war/" data-subnav="World_Ukraine and Russia at War" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Ukraine and Russia at War</a></li><li><a data-testid="Body" href="/world/uk/" data-subnav="World_United Kingdom" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">United Kingdom</a></li><li><a data-testid="Body" href="/world/us/" data-subnav="World_United States" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">United States</a></li><li><a data-testid="Body" href="/world/us/elections/" data-subnav="World_U.S. Midterm Elections" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">U.S. Midterm Elections</a></li><li><a data-testid="Body" href="/world/reuters-next/" data-subnav="World_Reuters NEXT" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Reuters NEXT</a></li></ul></div></div></div></div></div></div><span data-focus-scope-end="true" hidden=""></span></div></li><li class="nav-bar-module__nav-item__EUpy4 nav-bar-module__category__bRFMO"><div class="nav-bar-module__nav-button__mCZoN"><a data-testid="Body" href="/business/" data-nav="Business" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__extra_small__8Buss body-module__base__o--Cl body-module__extra_small_body__Bfz20 link">Business</a><button data-testid="DropDownButton" type="button" class="nav-bar-module__button__YVhxE" tabindex="0" data-react-aria-pressable="true" aria-label="Business" aria-haspopup="true" aria-expanded="false"><svg xmlns="http://www.w3.org/2000/svg" fill="none" viewBox="0 0 15 9" aria-hidden="true" focusable="false" role="presentation" data-testid="IconChevronDown" class="nav-bar-module__arrow__D1LfD chevron-down"><path d="M14.093.337c-.411-.45-1.028-.45-1.44 0L7.2 6.3 1.749.337c-.411-.45-1.028-.45-1.44 0a1.16 1.16 0 0 0 0 1.576l6.171 6.75c.206.225.515.337.72.337.205 0 .515-.112.72-.338l6.172-6.75a1.16 1.16 0 0 0 0-1.575h.001Z"></path></svg></button></div><div class="nav-bar-module__hidden__1Qi40" data-testid="sectionDropdownContainer" role="presentation"><span data-focus-scope-start="true" hidden=""></span><div data-testid="Business" class="nav-bar-module__dropdown__bsmM6" id="react-aria-_R_2d7ila_"><div class="nav-dropdown-module__container__X8zm-" data-testid="NavDropdownContainer"><div class="nav-dropdown-module__inner__VS6zv"><div class="nav-dropdown-module__submenu__-HR75"><div class="nav-dropdown-module__inner__VS6zv"><h2 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS"><a data-testid="SectionDropdown" href="/business/" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__body__9d61E body-module__base__o--Cl body-module__body_alt__0ewNU nav-dropdown-module__section-link__Mvj6r">Browse Business</a></h2><div class="nav-dropdown-module__sections__i94UN"><ul class="nav-dropdown-module__sections-group__CPSAa"><li><a data-testid="Body" href="/business/aerospace-defense/" data-subnav="Business_Aerospace & Defense" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Aerospace & Defense</a></li><li><a data-testid="Body" href="/business/autos-transportation/" data-subnav="Business_Autos & Transportation" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Autos & Transportation</a></li><li><a data-testid="Body" href="/business/davos/" data-subnav="Business_Davos" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Davos</a></li><li><a data-testid="Body" href="/business/energy/" data-subnav="Business_Energy" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Energy</a></li><li><a data-testid="Body" href="/business/environment/" data-subnav="Business_Environment" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Environment</a></li><li><a data-testid="Body" href="/business/finance/" data-subnav="Business_Finance" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Finance</a></li><li><a data-testid="Body" href="/business/healthcare-pharmaceuticals/" data-subnav="Business_Healthcare & Pharmaceuticals" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Healthcare & Pharmaceuticals</a></li><li><a data-testid="Body" href="/business/media-telecom/" data-subnav="Business_Media & Telecom" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Media & Telecom</a></li><li><a data-testid="Body" href="/business/retail-consumer/" data-subnav="Business_Retail & Consumer" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Retail & Consumer</a></li><li><a data-testid="Body" href="/business/future-of-health/" data-subnav="Business_Future of Health" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Future of Health</a></li><li><a data-testid="Body" href="/business/future-of-money/" data-subnav="Business_Future of Money" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Future of Money</a></li><li><a data-testid="Body" href="/business/take-five/" data-subnav="Business_Take Five" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Take Five</a></li><li><a data-testid="Body" href="/business/world-at-work/" data-subnav="Business_World at Work" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">World at Work</a></li></ul></div></div></div></div></div></div><span data-focus-scope-end="true" hidden=""></span></div></li><li class="nav-bar-module__nav-item__EUpy4 nav-bar-module__category__bRFMO"><div class="nav-bar-module__nav-button__mCZoN"><a data-testid="Body" href="/markets/" data-nav="Markets" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__extra_small__8Buss body-module__base__o--Cl body-module__extra_small_body__Bfz20 link">Markets</a><button data-testid="DropDownButton" type="button" class="nav-bar-module__button__YVhxE" tabindex="0" data-react-aria-pressable="true" aria-label="Markets" aria-haspopup="true" aria-expanded="false"><svg xmlns="http://www.w3.org/2000/svg" fill="none" viewBox="0 0 15 9" aria-hidden="true" focusable="false" role="presentation" data-testid="IconChevronDown" class="nav-bar-module__arrow__D1LfD chevron-down"><path d="M14.093.337c-.411-.45-1.028-.45-1.44 0L7.2 6.3 1.749.337c-.411-.45-1.028-.45-1.44 0a1.16 1.16 0 0 0 0 1.576l6.171 6.75c.206.225.515.337.72.337.205 0 .515-.112.72-.338l6.172-6.75a1.16 1.16 0 0 0 0-1.575h.001Z"></path></svg></button></div><div class="nav-bar-module__hidden__1Qi40" data-testid="sectionDropdownContainer" role="presentation"><span data-focus-scope-start="true" hidden=""></span><div data-testid="Markets" class="nav-bar-module__dropdown__bsmM6" id="react-aria-_R_3d7ila_"><div class="nav-dropdown-module__container__X8zm-" data-testid="NavDropdownContainer"><div class="nav-dropdown-module__inner__VS6zv"><div class="nav-dropdown-module__submenu__-HR75"><div class="nav-dropdown-module__inner__VS6zv"><h2 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS"><a data-testid="SectionDropdown" href="/markets/" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__body__9d61E body-module__base__o--Cl body-module__body_alt__0ewNU nav-dropdown-module__section-link__Mvj6r">Browse Markets</a></h2><div class="nav-dropdown-module__sections__i94UN"><ul class="nav-dropdown-module__sections-group__CPSAa"><li><a data-testid="Body" href="/markets/on-the-money/" data-subnav="Markets_On the Money" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">On the Money</a></li><li><a data-testid="Body" href="/markets/asia/" data-subnav="Markets_Asian Markets" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Asian Markets</a></li><li><a data-testid="Body" href="/markets/carbon/" data-subnav="Markets_Carbon Markets" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Carbon Markets</a></li><li><a data-testid="Body" href="/markets/commodities/" data-subnav="Markets_Commodities" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Commodities</a></li><li><a data-testid="Body" href="/markets/currencies/" data-subnav="Markets_Currencies" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Currencies</a></li><li><a data-testid="Body" href="/markets/deals/" data-subnav="Markets_Deals" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Deals</a></li><li><a data-testid="Body" href="/markets/emerging/" data-subnav="Markets_Emerging Markets" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Emerging Markets</a></li><li><a data-testid="Body" href="/markets/etf/" data-subnav="Markets_ETFs" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">ETFs</a></li><li><a data-testid="Body" href="/markets/europe/" data-subnav="Markets_European Markets" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">European Markets</a></li><li><a data-testid="Body" href="/markets/funds/" data-subnav="Markets_Funds" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Funds</a></li><li><a data-testid="Body" href="/markets/econ-world/" data-subnav="Markets_Econ World" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Econ World</a></li><li><a data-testid="Body" href="/markets/global-market-data/" data-subnav="Markets_Global Market Data" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Global Market Data</a></li><li><a data-testid="Body" href="/markets/rates-bonds/" data-subnav="Markets_Rates & Bonds" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Rates & Bonds</a></li><li><a data-testid="Body" href="/markets/stocks/" data-subnav="Markets_Stocks" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Stocks</a></li><li><a data-testid="Body" href="/markets/us/" data-subnav="Markets_U.S. Markets" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">U.S. Markets</a></li><li><a data-testid="Body" href="/markets/wealth/" data-subnav="Markets_Wealth" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Wealth</a></li></ul></div></div></div></div></div></div><span data-focus-scope-end="true" hidden=""></span></div></li><li class="nav-bar-module__nav-item__EUpy4 nav-bar-module__category__bRFMO"><div class="nav-bar-module__nav-button__mCZoN"><a data-testid="Body" href="/sustainability/" data-nav="Sustainability" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__extra_small__8Buss body-module__base__o--Cl body-module__extra_small_body__Bfz20 link">Sustainability</a><button data-testid="DropDownButton" type="button" class="nav-bar-module__button__YVhxE" tabindex="0" data-react-aria-pressable="true" aria-label="Sustainability" aria-haspopup="true" aria-expanded="false"><svg xmlns="http://www.w3.org/2000/svg" fill="none" viewBox="0 0 15 9" aria-hidden="true" focusable="false" role="presentation" data-testid="IconChevronDown" class="nav-bar-module__arrow__D1LfD chevron-down"><path d="M14.093.337c-.411-.45-1.028-.45-1.44 0L7.2 6.3 1.749.337c-.411-.45-1.028-.45-1.44 0a1.16 1.16 0 0 0 0 1.576l6.171 6.75c.206.225.515.337.72.337.205 0 .515-.112.72-.338l6.172-6.75a1.16 1.16 0 0 0 0-1.575h.001Z"></path></svg></button></div><div class="nav-bar-module__hidden__1Qi40" data-testid="sectionDropdownContainer" role="presentation"><span data-focus-scope-start="true" hidden=""></span><div data-testid="Sustainability" class="nav-bar-module__dropdown__bsmM6" id="react-aria-_R_4d7ila_"><div class="nav-dropdown-module__container__X8zm-" data-testid="NavDropdownContainer"><div class="nav-dropdown-module__inner__VS6zv"><div class="nav-dropdown-module__submenu__-HR75"><div class="nav-dropdown-module__inner__VS6zv"><h2 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS"><a data-testid="SectionDropdown" href="/sustainability/" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__body__9d61E body-module__base__o--Cl body-module__body_alt__0ewNU nav-dropdown-module__section-link__Mvj6r">Browse Sustainability</a></h2><div class="nav-dropdown-module__sections__i94UN"><ul class="nav-dropdown-module__sections-group__CPSAa"><li><a data-testid="Body" href="/sustainability/boards-policy-regulation/" data-subnav="Sustainability_Boards, Policy & Regulation" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Boards, Policy & Regulation</a></li><li><a data-testid="Body" href="/sustainability/climate-energy/" data-subnav="Sustainability_Climate & Energy" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Climate & Energy</a></li><li><a data-testid="Body" href="/sustainability/land-use-biodiversity/" data-subnav="Sustainability_Land Use & Biodiversity" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Land Use & Biodiversity</a></li><li><a data-testid="Body" href="/sustainability/society-equity/" data-subnav="Sustainability_Society & Equity" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Society & Equity</a></li><li><a data-testid="Body" href="/sustainability/sustainable-finance-reporting/" data-subnav="Sustainability_Sustainable Finance & Reporting" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Sustainable Finance & Reporting</a></li><li><a data-testid="Body" href="/sustainability/the-switch/" data-subnav="Sustainability_The Switch" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">The Switch</a></li><li><a data-testid="Body" href="/sustainability/reuters-impact/" data-subnav="Sustainability_Reuters Impact" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Reuters Impact</a></li><li><a data-testid="Body" href="/sustainability/cop/" data-subnav="Sustainability_COP31" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">COP31</a></li></ul></div></div></div></div></div></div><span data-focus-scope-end="true" hidden=""></span></div></li><li class="nav-bar-module__nav-item__EUpy4"><div class="nav-bar-module__nav-button__mCZoN"><button data-testid="Text" type="button" tabindex="0" data-react-aria-pressable="true" aria-haspopup="true" aria-expanded="false" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__extra_small__8Buss nav-bar-module__button__YVhxE">More<svg xmlns="http://www.w3.org/2000/svg" fill="none" viewBox="0 0 15 9" aria-hidden="true" focusable="false" role="presentation" data-testid="IconChevronDown" class="nav-bar-module__arrow__D1LfD nav-bar-module__more__C7bEy chevron-down"><path d="M14.093.337c-.411-.45-1.028-.45-1.44 0L7.2 6.3 1.749.337c-.411-.45-1.028-.45-1.44 0a1.16 1.16 0 0 0 0 1.576l6.171 6.75c.206.225.515.337.72.337.205 0 .515-.112.72-.338l6.172-6.75a1.16 1.16 0 0 0 0-1.575h.001Z"></path></svg></button></div><div class="nav-bar-module__hidden__1Qi40" data-testid="moreSectionDropdownContainer" role="presentation"><span data-focus-scope-start="true" hidden=""></span><div class="nav-bar-module__dropdown__bsmM6" id="react-aria-_R_l7ila_"><div class="nav-dropdown-module__container__X8zm-" data-testid="NavDropdownContainer"><div class="nav-dropdown-module__inner__VS6zv"><div class="nav-dropdown-module__submenu__-HR75"><div class="nav-dropdown-module__inner__VS6zv"><div class="nav-dropdown-module__more-sections__9LctJ"><div class="nav-dropdown-module__group-container__B7ZaS"><section data-testid="MoreDropdown" class="nav-dropdown-module__more-section-group__6-L2e nav-dropdown-module__has-children__Wpz3R"><h2 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS"><a data-testid="Body" href="/legal/" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__body__9d61E body-module__base__o--Cl body-module__body_alt__0ewNU nav-dropdown-module__section-link__Mvj6r">Legal</a></h2><ul class="nav-dropdown-module__subsections__ElxDL"><li><a data-testid="Body" href="/legal/government/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Government</a></li><li><a data-testid="Body" href="/legal/legalindustry/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Legal Industry</a></li><li><a data-testid="Body" href="/legal/litigation/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Litigation</a></li><li><a data-testid="Body" href="/legal/transactional/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Transactional</a></li><li><a data-testid="Body" href="/legal/us-supreme-court/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">US Supreme Court</a></li></ul></section><section data-testid="MoreDropdown" class="nav-dropdown-module__more-section-group__6-L2e nav-dropdown-module__has-children__Wpz3R"><h2 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS"><a data-testid="Body" href="/commentary/" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__body__9d61E body-module__base__o--Cl body-module__body_alt__0ewNU nav-dropdown-module__section-link__Mvj6r">Commentary</a></h2><ul class="nav-dropdown-module__subsections__ElxDL"><li><a data-testid="Body" href="/commentary/breakingviews/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Breakingviews</a></li><li><a data-testid="Body" href="/commentary/reuters-open-interest/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">ROI: Reuters Open Interest</a></li></ul></section><section data-testid="MoreDropdown" class="nav-dropdown-module__more-section-group__6-L2e nav-dropdown-module__has-children__Wpz3R"><h2 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS"><a data-testid="Body" href="/technology/" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__body__9d61E body-module__base__o--Cl body-module__body_alt__0ewNU nav-dropdown-module__section-link__Mvj6r">Technology</a></h2><ul class="nav-dropdown-module__subsections__ElxDL"><li><a data-testid="Body" href="/technology/artificial-intelligence/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Artificial Intelligence</a></li><li><a data-testid="Body" href="/technology/cybersecurity/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Cybersecurity</a></li><li><a data-testid="Body" href="/technology/space/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Space</a></li><li><a data-testid="Body" href="/technology/disrupted/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Disrupted</a></li></ul></section><section data-testid="MoreDropdown" class="nav-dropdown-module__more-section-group__6-L2e"><h2 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS"><a data-testid="Body" href="/investigations/" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__body__9d61E body-module__base__o--Cl body-module__body_alt__0ewNU nav-dropdown-module__section-link__Mvj6r">Investigations</a></h2></section><section data-testid="MoreDropdown" class="nav-dropdown-module__more-section-group__6-L2e nav-dropdown-module__has-children__Wpz3R"><h2 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS"><a data-testid="Body" href="/sports/" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__body__9d61E body-module__base__o--Cl body-module__body_alt__0ewNU nav-dropdown-module__section-link__Mvj6r">Sports</a></h2><ul class="nav-dropdown-module__subsections__ElxDL"><li><a data-testid="Body" href="/sports/world-cup/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">World Cup</a></li><li><a data-testid="Body" href="/sports/athletics/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Athletics</a></li><li><a data-testid="Body" href="/sports/baseball/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Baseball</a></li><li><a data-testid="Body" href="/sports/basketball/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Basketball</a></li><li><a data-testid="Body" href="/sports/cricket/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Cricket</a></li><li><a data-testid="Body" href="/sports/cycling/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Cycling</a></li><li><a data-testid="Body" href="/sports/formula1/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Formula 1</a></li><li><a data-testid="Body" href="/sports/golf/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Golf</a></li><li><a data-testid="Body" href="/sports/nfl/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">NFL</a></li><li><a data-testid="Body" href="/sports/nhl/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">NHL</a></li><li><a data-testid="Body" href="/sports/soccer/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Soccer</a></li><li><a data-testid="Body" href="/sports/tennis/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Tennis</a></li></ul></section><section data-testid="MoreDropdown" class="nav-dropdown-module__more-section-group__6-L2e"><h2 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS"><a data-testid="Body" href="/science/" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__body__9d61E body-module__base__o--Cl body-module__body_alt__0ewNU nav-dropdown-module__section-link__Mvj6r">Science</a></h2></section><section data-testid="MoreDropdown" class="nav-dropdown-module__more-section-group__6-L2e nav-dropdown-module__has-children__Wpz3R"><h2 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS"><a data-testid="Body" href="/lifestyle/" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__body__9d61E body-module__base__o--Cl body-module__body_alt__0ewNU nav-dropdown-module__section-link__Mvj6r">Lifestyle</a></h2><ul class="nav-dropdown-module__subsections__ElxDL"><li><a data-testid="Body" href="/lifestyle/culture-current/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Culture Current</a></li></ul></section><section data-testid="MoreDropdown" class="nav-dropdown-module__more-section-group__6-L2e"><h2 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS"><a data-testid="Body" href="/city-memo/" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__body__9d61E body-module__base__o--Cl body-module__body_alt__0ewNU nav-dropdown-module__section-link__Mvj6r">City Memo</a></h2></section></div><div class="nav-dropdown-module__group-container__B7ZaS"><section data-testid="MoreDropdown" class="nav-dropdown-module__more-section-group__6-L2e nav-dropdown-module__has-children__Wpz3R"><h2 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS"><a data-testid="Body" href="/graphics/" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__body__9d61E body-module__base__o--Cl body-module__body_alt__0ewNU nav-dropdown-module__section-link__Mvj6r">Graphics</a></h2><ul class="nav-dropdown-module__subsections__ElxDL"><li><a data-testid="Body" href="/chart-of-the-week/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Chart of the Week</a></li></ul></section><section data-testid="MoreDropdown" class="nav-dropdown-module__more-section-group__6-L2e"><h2 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS"><a data-testid="Body" href="/pictures/" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__body__9d61E body-module__base__o--Cl body-module__body_alt__0ewNU nav-dropdown-module__section-link__Mvj6r">Pictures</a></h2></section><section data-testid="MoreDropdown" class="nav-dropdown-module__more-section-group__6-L2e"><h2 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS"><a data-testid="Body" href="/wider-image/" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__body__9d61E body-module__base__o--Cl body-module__body_alt__0ewNU nav-dropdown-module__section-link__Mvj6r">Wider Image</a></h2></section><section data-testid="MoreDropdown" class="nav-dropdown-module__more-section-group__6-L2e nav-dropdown-module__has-children__Wpz3R"><h2 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS"><a data-testid="Body" href="/podcasts/" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__body__9d61E body-module__base__o--Cl body-module__body_alt__0ewNU nav-dropdown-module__section-link__Mvj6r">Podcasts</a></h2><ul class="nav-dropdown-module__subsections__ElxDL"><li><a data-testid="Body" href="/podcasts/reuters-world-news/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Reuters World News</a></li><li><a data-testid="Body" href="/podcasts/reuters-morning-bid/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Reuters Morning Bid</a></li><li><a data-testid="Body" href="/podcasts/reuters-econ-world/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Reuters Econ World</a></li><li><a data-testid="Body" href="/podcasts/on-assignment/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">On Assignment</a></li><li><a data-testid="Body" href="/podcasts/viewsroom/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Viewsroom</a></li><li><a data-testid="Body" href="/podcasts/the-big-view/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">The Big View</a></li></ul></section><section data-testid="MoreDropdown" class="nav-dropdown-module__more-section-group__6-L2e"><h2 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS"><a data-testid="Body" href="/live/" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__body__9d61E body-module__base__o--Cl body-module__body_alt__0ewNU nav-dropdown-module__section-link__Mvj6r">Live</a></h2></section><section data-testid="MoreDropdown" class="nav-dropdown-module__more-section-group__6-L2e"><h2 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS"><a data-testid="Body" href="/fact-check/" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__body__9d61E body-module__base__o--Cl body-module__body_alt__0ewNU nav-dropdown-module__section-link__Mvj6r">Fact Check</a></h2></section><section data-testid="MoreDropdown" class="nav-dropdown-module__more-section-group__6-L2e"><h2 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS"><a data-testid="Body" href="/video/" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__body__9d61E body-module__base__o--Cl body-module__body_alt__0ewNU nav-dropdown-module__section-link__Mvj6r">Video</a></h2></section><section data-testid="MoreDropdown" class="nav-dropdown-module__more-section-group__6-L2e nav-dropdown-module__has-children__Wpz3R"><h2 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS"><a data-testid="Body" href="/media-center/" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__body__9d61E body-module__base__o--Cl body-module__body_alt__0ewNU nav-dropdown-module__section-link__Mvj6r">Media Center</a></h2><ul class="nav-dropdown-module__subsections__ElxDL"><li><a data-testid="Body" href="/media-center/announcements/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Announcements</a></li><li><a data-testid="Body" href="/media-center/awards/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Awards</a></li><li><a data-testid="Body" href="/media-center/inside-the-newsroom/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Inside the Newsroom</a></li><li><a data-testid="Body" href="/media-center/people-news/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">People News</a></li></ul></section><section data-testid="MoreDropdown" class="nav-dropdown-module__more-section-group__6-L2e nav-dropdown-module__has-children__Wpz3R"><h2 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS"><a data-testid="Body" href="/sponsored/" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__body__9d61E body-module__base__o--Cl body-module__body_alt__0ewNU nav-dropdown-module__section-link__Mvj6r">Sponsored Content</a></h2><ul class="nav-dropdown-module__subsections__ElxDL"><li><a data-testid="Body" href="/sponsored/reuters-plus/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Reuters Plus</a></li><li><a data-testid="Body" href="/press-releases/" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf nav-dropdown-module__subsection-link__T9-bB">Press Releases</a></li></ul></section></div></div></div></div></div></div></div><span data-focus-scope-end="true" hidden=""></span></div></li></ul></nav></div><div class="site-header-module__button-group__5pCcs"><a data-testid="nav-subscribe-link" href="https://www.reuters.com/account/subscribe/offer/?website=reuters&journeyStart=navigation" data-nav="Subscribe" class="text-module__text__0GDob text-module__graphite__fZRmg text-module__medium__2Rl30 text-module__extra_small__8Buss body-module__base__o--Cl body-module__extra_small_body__Bfz20 site-header-module__subscribe-link__AnyBo">Subscribe</a><div class="search-bar-module__search-bar__l7v3q site-header-module__search-bar__0RkVM" tabindex="-1"><button aria-label="Open search bar" class="button-module__button__Pqh0q button-module__flat__GYuix button-module__round__QDFgq button-module__w_auto__Sem-F button-module__has-tooltip__3sOvX search-bar-module__search-button__34siX" type="button" data-testid="OpenSearchBarButton"><span class="button-module__container__7hKTY"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 21 21" aria-hidden="true" focusable="false" role="presentation" data-testid="IconSearch" class="search-bar-module__icon__jkiEO"><path fill-rule="evenodd" d="m20.72 17.47-4.64-4.65a8.6 8.6 0 1 0-3.26 3.26l4.65 4.64c.37.37.97.37 1.35 0l1.9-1.9a.95.95 0 0 0 0-1.35ZM1.95 8.62a6.67 6.67 0 1 1 13.33 0 6.67 6.67 0 0 1-13.33 0Z"></path></svg></span></button></div><div class="site-header-module__mobile-menu__JvZnq site-header-module__button__ui8Ah site-header-module__show-on-tablet-anonymous__PZp-d"><button tabindex="0" data-react-aria-pressable="true" aria-label="Menu" aria-haspopup="true" aria-expanded="false" class="button-module__button__Pqh0q button-module__flat__GYuix button-module__round__QDFgq button-module__w_auto__Sem-F button-module__has-tooltip__3sOvX mobile-menu-module__menu-button__HXTtW site-header-module__menu-button__jM9ER" type="button" data-testid="MobileMenuButton"><span class="button-module__container__7hKTY"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 16 12" aria-hidden="true" focusable="false" role="presentation" data-testid="IconMenu" class="mobile-menu-module__icon__zmoso"><path d="M14.8571429,9.524 C15.3142857,9.524 15.6188571,9.8285714 15.6188571,10.2857143 C15.6188571,10.7428571 15.3142857,11.0474286 14.8571429,11.0474286 L1.14285714,11.0474286 C0.68571429,11.0474286 0.38114286,10.7428571 0.38114286,10.2857143 C0.38114286,9.8285714 0.68571429,9.524 1.14285714,9.524 L14.8571429,9.524 Z M14.8571429,4.9525714 C15.3142857,4.9525714 15.6188571,5.2571429 15.6188571,5.7142857 C15.6188571,6.1714286 15.3142857,6.476 14.8571429,6.476 L1.14285714,6.476 C0.68571429,6.476 0.38114286,6.1714286 0.38114286,5.7142857 C0.38114286,5.2571429 0.68571429,4.9525714 1.14285714,4.9525714 L14.8571429,4.9525714 Z M14.8571429,0.38114286 C15.3142857,0.38114286 15.6188571,0.68571429 15.6188571,1.14285714 C15.6188571,1.6 15.3142857,1.90457143 14.8571429,1.90457143 L1.14285714,1.90457143 C0.68571429,1.90457143 0.38114286,1.6 0.38114286,1.14285714 C0.38114286,0.68571429 0.68571429,0.38114286 1.14285714,0.38114286 L14.8571429,0.38114286 Z"></path></svg></span></button></div></div></div></div></div></div></header><div data-testid="RegularArticleLayout" class="regular-article-layout-module__container__qlWZP"><div data-testid="MainContent" class="regular-article-layout-module__content-container__vBc5- paywall-B064F03B" dir="ltr"><main class="regular-article-layout-module__main__lKixO" id="main-content" role="main"><article data-testid="Article" class="article-module__container__FNVk0"><div class="article-module__main__1N9VH"><div class="article-module__content__lRTp3"><header data-testid="DefaultArticleHeader"><div class="default-article-header-module__container__b05Pl"><div class="default-article-header-module__heading__TeQVW"><h1 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_article__2yUro heading-module__base__p-zaD heading-module__heading_article__h3IXH headline-module__headline__L8lWb">US to loan up to 40 million barrels of oil from SPR, last batch from global deal</h1><div data-testid="InfoContent" class="info-content-module__info__FR-5y default-article-header-module__info-content__EOcyE"><div data-testid="AuthorName" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__tag_label__4kwMu"><span data-testid="Text" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__tag_label__4kwMu">By </span><a data-testid="AuthorNameLink" referrerPolicy="no-referrer-when-downgrade" href="/authors/timothy-gardner/" rel="author" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__tag_label__4kwMu link-module__link__INqxZ link-module__underline_on_hover__YTwYC author-name-module__author__09Ri8">Timothy Gardner</a></div><time data-testid="DateLine" dateTime="2026-09-29T17:26:10.029Z" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__extra_small__8Buss body-module__base__o--Cl body-module__extra_small_body__Bfz20"><span class="date-line-module__date__Q468B">September 29, 2026</span><span class="date-line-module__date__Q468B">4:19 PM UTC</span><span class="date-line-module__date__Q468B">Updated September 29, 2026</span></time><div data-testid="ArticleToolbar" class="info-content-module__toolbar__4KVm0" dir="ltr"><div data-testid="ToolbarContainer" class="toolbar-module__container__Vw74x"><div data-testid="SaveSymbols" class="toolbar-item-module__symbol-wrapper__vOLPH toolbar-item-module__expanded__ybC3S"><div><button aria-label="Save article US to loan up to 40 million barrels of oil from SPR, last batch from global deal" class="button-module__button__Pqh0q button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F button-module__has-tooltip__3sOvX toolbar-item-module__symbol-btn__Beam-" type="button" data-testid="Button"><span class="button-module__container__7hKTY"><svg width="11" height="17" xmlns="http://www.w3.org/2000/svg" aria-hidden="true" focusable="false" role="presentation" data-testid="IconSave" class="svg"><path d="M9.824 1.441V15.56c0 .352-.038.547-.301.32l-3.784-3.247a.378.378 0 00-.478 0L1.477 15.88c-.263.226-.477.124-.477-.228V1.637A.63.63 0 011.619 1h7.763l.442.441z" fill-rule="nonzero" stroke="currentColor" stroke-width="2" fill="none" stroke-linecap="round" stroke-linejoin="round"></path></svg></span></button></div></div><div data-testid="TextSymbols" class="toolbar-item-module__symbol-wrapper__vOLPH toolbar-item-module__overlay__0vABN"><div class="toolbar-item-module__container__-KLhn toolbar-item-module__column__SHiPt" data-testid="ToolbarItemContainer"><button aria-haspopup="true" aria-expanded="false" id="toolbar-item-parent-text-_R_1u56b5a_" aria-controls="toolbar-item-dropdown-text-_R_1u56b5a_" aria-label="Change text size" class="button-module__button__Pqh0q button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F button-module__has-tooltip__3sOvX toolbar-item-module__symbol-btn__Beam-" type="button" data-testid="toolbar-item-parent-text-_R_1u56b5a_"><span class="button-module__container__7hKTY"><div class="utility-module__container__YJxgW" aria-hidden="true"><svg width="23" height="15" viewBox="0 0 23 15" fill="none" xmlns="http://www.w3.org/2000/svg" aria-labelledby="TextIconId" role="presentation" class="utility-module__symbol__EQkIM" aria-hidden="true" focusable="false" data-testid="icon-text"><title id="TextIconId">Text</title><path d="M5.341.68h2.78L13.001 14h-2.54l-1.06-3.14h-5.34L3.001 14H.461L5.341.68Zm-.58 8.08h3.94l-1.96-5.84-1.98 5.84ZM20.253 14v-1.34c-.32.467-.767.84-1.34 1.12-.56.28-1.194.42-1.9.42-.96 0-1.707-.253-2.24-.76-.52-.52-.78-1.233-.78-2.14 0-.56.086-1.033.26-1.42.173-.387.413-.7.72-.94.306-.24.666-.413 1.08-.52a5.08 5.08 0 0 1 1.38-.18h2.7v-.62c0-.96-.66-1.44-1.98-1.44-.6 0-1.153.067-1.66.2-.493.12-.967.287-1.42.5l-.4-1.9a7.44 7.44 0 0 1 1.74-.62c.653-.16 1.34-.24 2.06-.24 1.36 0 2.38.273 3.06.82.693.533 1.04 1.387 1.04 2.56V14h-2.32Zm-.12-4.06h-2.26c-.987 0-1.48.427-1.48 1.28s.493 1.28 1.48 1.28c.68 0 1.226-.18 1.64-.54.413-.36.62-.833.62-1.42v-.6Z"></path></svg></div></span></button><ul class="toolbar-item-module__symbol-list__YMKbJ toolbar-item-module__column__SHiPt toolbar-item-module__hidden__Kg2eo toolbar-item-module__with-border__WUguq toolbar-item-module__selected__IzLTx" role="menu" id="toolbar-item-dropdown-text-_R_1u56b5a_" data-testid="toolbar-item-dropdown-text-_R_1u56b5a_" aria-labelledby="toolbar-item-parent-text-_R_1u56b5a_"><li class="toolbar-item-module__item__jUoKy" role="menuitem"><button aria-selected="true" aria-label="Small text" class="button-module__button__Pqh0q button-module__ghost__DOwRB button-module__round__QDFgq button-module__w_auto__Sem-F button-module__has-tooltip__3sOvX toolbar-item-module__rounded-top__GmqUm toolbar-item-module__selected__IzLTx" type="button" data-testid="small-text"><span class="button-module__container__7hKTY toolbar-item-module__rounded-top__GmqUm"><div class="utility-module__container__YJxgW" aria-hidden="true"><svg width="10" height="11" viewBox="0 0 10 11" fill="none" xmlns="http://www.w3.org/2000/svg" aria-labelledby="SmallTextIconId" role="presentation" class="utility-module__symbol__EQkIM dark" aria-hidden="true" focusable="false" data-testid="icon-small-text"><title id="SmallTextIconId">Small Text</title><path d="M4.224.343h1.552l3.968 10.656H8.32l-.992-2.8H2.672l-.976 2.8H.272L4.224.343ZM3.088 7.015h3.84l-1.92-5.552-1.92 5.552Z"></path></svg></div></span></button></li><li class="toolbar-item-module__item__jUoKy" role="menuitem"><button aria-label="Medium text" class="button-module__button__Pqh0q button-module__flat__GYuix button-module__round__QDFgq button-module__w_auto__Sem-F button-module__has-tooltip__3sOvX toolbar-item-module__rounded-none__jyCCH" type="button" data-testid="medium-text"><span class="button-module__container__7hKTY toolbar-item-module__rounded-none__jyCCH"><div class="utility-module__container__YJxgW" aria-hidden="true"><svg width="14" height="15" viewBox="0 0 14 15" fill="none" xmlns="http://www.w3.org/2000/svg" aria-labelledby="MediumTextIconId" role="presentation" class="utility-module__symbol__EQkIM" aria-hidden="true" focusable="false" data-testid="icon-medium-text"><title id="MediumTextIconId">Medium Text</title><path d="M5.933.347h2.134l5.456 14.652h-1.958l-1.364-3.85H3.799l-1.342 3.85H.499L5.933.347ZM4.371 9.521h5.28l-2.64-7.634-2.64 7.634Z"></path></svg></div></span></button></li><li class="toolbar-item-module__item__jUoKy" role="menuitem"><button aria-label="Large text" class="button-module__button__Pqh0q button-module__flat__GYuix button-module__round__QDFgq button-module__w_auto__Sem-F button-module__has-tooltip__3sOvX toolbar-item-module__rounded-bottom__m23kx" type="button" data-testid="large-text"><span class="button-module__container__7hKTY toolbar-item-module__rounded-bottom__m23kx"><div class="utility-module__container__YJxgW" aria-hidden="true"><svg width="20" height="22" viewBox="0 0 20 22" fill="none" xmlns="http://www.w3.org/2000/svg" aria-labelledby="LargeTextIconId" role="presentation" class="utility-module__symbol__EQkIM" aria-hidden="true" focusable="false" data-testid="icon-large-text"><title id="LargeTextIconId">Large Text</title><path d="M8.448.687h3.104l7.936 21.312H16.64l-1.984-5.6H5.344l-1.952 5.6H.544L8.448.687ZM6.176 14.031h7.68l-3.84-11.104-3.84 11.104Z"></path></svg></div></span></button></li></ul></div></div><div data-testid="SharingSymbols" class="toolbar-item-module__symbol-wrapper__vOLPH toolbar-item-module__overlay__0vABN"><div class="toolbar-item-module__container__-KLhn toolbar-item-module__column__SHiPt" data-testid="ToolbarItemContainer"><button aria-haspopup="true" aria-expanded="false" id="toolbar-item-parent-share-_R_2e56b5a_" aria-controls="toolbar-item-dropdown-share-_R_2e56b5a_" aria-label="Share article" class="button-module__button__Pqh0q button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F button-module__has-tooltip__3sOvX toolbar-item-module__symbol-btn__Beam-" type="button" data-testid="toolbar-item-parent-share-_R_2e56b5a_"><span class="button-module__container__7hKTY"><div class="utility-module__container__YJxgW" aria-hidden="true"><svg width="21" height="21" viewBox="0 0 21 21" fill="none" xmlns="http://www.w3.org/2000/svg" role="presentation" class="utility-module__symbol__EQkIM" aria-hidden="true" focusable="false" data-testid="icon-share"><path d="M17.719 14.437c-.926 0-1.762.385-2.359 1.002l-8.839-4.42a3.306 3.306 0 0 0 0-1.038l8.84-4.42a3.282 3.282 0 1 0-.881-1.76l-8.84 4.42a3.282 3.282 0 1 0 0 4.56l8.839 4.418a3.282 3.282 0 1 0 3.24-2.762Z"></path></svg></div></span></button><ul class="toolbar-item-module__symbol-list__YMKbJ toolbar-item-module__column__SHiPt toolbar-item-module__hidden__Kg2eo" role="menu" id="toolbar-item-dropdown-share-_R_2e56b5a_" data-testid="toolbar-item-dropdown-share-_R_2e56b5a_" aria-labelledby="toolbar-item-parent-share-_R_2e56b5a_"><li class="toolbar-item-module__item__jUoKy" role="menuitem"><button aria-label="Share article on X" headline="US to loan up to 40 million barrels of oil from SPR, last batch from global deal" class="button-module__button__Pqh0q button-module__flat__GYuix button-module__round__QDFgq button-module__w_auto__Sem-F toolbar-item-module__rounded-top__GmqUm" type="button" data-testid="twitter"><span class="button-module__container__7hKTY toolbar-item-module__rounded-top__GmqUm"><div class="social-module__container__gCKQP"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 30 30" aria-labelledby="TwitterIconId" role="presentation" class="social-module__symbol__FX9eO" focusable="false" aria-hidden="true"><title id="TwitterIconId">X</title><path d="M17.923 14.387 25.569 5.5h-1.812l-6.64 7.717L11.817 5.5H5.7l8.018 11.67L5.7 26.49h1.812l7.01-8.15 5.6 8.15h6.116l-8.316-12.102Zm-2.482 2.885-.812-1.162-6.464-9.246h2.783l5.216 7.462.813 1.162 6.78 9.7h-2.782l-5.534-7.915Z"></path></svg></div></span></button></li><li class="toolbar-item-module__item__jUoKy" role="menuitem"><button aria-label="Share article on Facebook" headline="US to loan up to 40 million barrels of oil from SPR, last batch from global deal" class="button-module__button__Pqh0q button-module__flat__GYuix button-module__round__QDFgq button-module__w_auto__Sem-F toolbar-item-module__rounded-none__jyCCH" type="button" data-testid="facebook"><span class="button-module__container__7hKTY toolbar-item-module__rounded-none__jyCCH"><div class="social-module__container__gCKQP"><svg xmlns="http://www.w3.org/2000/svg" viewBox="6 6 20 20" aria-labelledby="FacebookIconId" role="presentation" class="social-module__symbol__FX9eO" focusable="false" aria-hidden="true"><title id="FacebookIconId">Facebook</title><path d="M16 6.04001C10.5 6.04001 6 10.53 6 16.06C6 21.06 9.66 25.21 14.44 25.96V18.96H11.9V16.06H14.44V13.85C14.44 11.34 15.93 9.96001 18.22 9.96001C19.31 9.96001 20.45 10.15 20.45 10.15V12.62H19.19C17.95 12.62 17.56 13.39 17.56 14.18V16.06H20.34L19.89 18.96H17.56V25.96C19.9164 25.5879 22.0622 24.3855 23.6099 22.5701C25.1576 20.7546 26.0054 18.4457 26 16.06C26 10.53 21.5 6.04001 16 6.04001Z"></path></svg></div></span></button></li><li class="toolbar-item-module__item__jUoKy" role="menuitem"><button aria-label="Share article on LinkedIn" headline="US to loan up to 40 million barrels of oil from SPR, last batch from global deal" class="button-module__button__Pqh0q button-module__flat__GYuix button-module__round__QDFgq button-module__w_auto__Sem-F toolbar-item-module__rounded-none__jyCCH" type="button" data-testid="linkedin"><span class="button-module__container__7hKTY toolbar-item-module__rounded-none__jyCCH"><div class="social-module__container__gCKQP"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 21 21" aria-labelledby="LinkedinIconId" role="presentation" class="social-module__symbol__FX9eO" focusable="false" aria-hidden="true"><title id="LinkedinIconId">Linkedin</title><path d="M19.031 0c1.034 0 1.888.807 1.964 1.822L21 1.97V19.03a1.975 1.975 0 0 1-1.822 1.964L19.03 21H1.97a1.975 1.975 0 0 1-1.964-1.822L0 19.03V1.97C0 .935.807.08 1.822.005L1.97 0H19.03ZM6.3 7.875H3.15v10.063H6.3V7.874Zm7.875-.175c-1.575 0-2.538.788-2.975 1.575v-1.4H8.225v10.063h3.15V12.95c0-1.313.175-2.537 1.838-2.537 1.575 0 1.575 1.487 1.575 2.624v4.9h3.15v-5.425c0-2.712-.613-4.812-3.763-4.812ZM4.637 2.8c-1.05 0-1.837.875-1.837 1.838 0 1.05.875 1.837 1.838 1.837 1.05 0 1.837-.787 1.837-1.837 0-1.05-.875-1.838-1.837-1.838Z"></path></svg></div></span></button></li><li class="toolbar-item-module__item__jUoKy" role="menuitem"><button aria-label="Email article" headline="US to loan up to 40 million barrels of oil from SPR, last batch from global deal" class="button-module__button__Pqh0q button-module__flat__GYuix button-module__round__QDFgq button-module__w_auto__Sem-F toolbar-item-module__rounded-none__jyCCH" type="button" data-testid="email"><span class="button-module__container__7hKTY toolbar-item-module__rounded-none__jyCCH"><div class="social-module__container__gCKQP"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 21 18" aria-labelledby="EmailIconId" role="presentation" class="social-module__symbol__FX9eO" focusable="false" aria-hidden="true"><title id="EmailIconId">Email</title><path d="M20.125 9c.449 0 .819.347.87.795L21 9.9v5.4c0 1.438-1.093 2.613-2.47 2.695l-.155.005H2.625c-1.398 0-2.54-1.124-2.62-2.541L0 15.3V9.9c0-.497.392-.9.875-.9.449 0 .819.347.87.795l.005.105v5.4c0 .462.338.842.773.894l.102.006h15.75a.884.884 0 0 0 .87-.795l.005-.105V9.9c0-.497.392-.9.875-.9Zm-1.75-9C19.825 0 21 1.209 21 2.7v2.7c0 .33-.175.632-.456.79l-9.625 5.4a.854.854 0 0 1-.838 0L.456 6.19A.904.904 0 0 1 0 5.4V2.7C0 1.209 1.175 0 2.625 0h15.75Zm0 1.8H2.625a.888.888 0 0 0-.875.9v2.166l8.75 4.909 8.75-4.91V2.7a.892.892 0 0 0-.773-.894l-.102-.006Z"></path></svg></div></span></button></li><li class="toolbar-item-module__item__jUoKy" role="menuitem"><button aria-label="Copy link" url="https://www.reuters.com/business/energy/us-release-40-million-barrels-crude-strategic-petroleum-reserve-energy-2026-09-29/" class="button-module__button__Pqh0q button-module__flat__GYuix button-module__round__QDFgq button-module__w_auto__Sem-F button-module__has-tooltip__3sOvX toolbar-item-module__rounded-bottom__m23kx article-toolbar-module__tooltip-left-on-tablet__aF4cA" type="button" data-testid="link"><span class="button-module__container__7hKTY toolbar-item-module__rounded-bottom__m23kx"><div class="social-module__container__gCKQP"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 16 16" aria-labelledby="LinkIconId" role="presentation" class="social-module__symbol__FX9eO" focusable="false" aria-hidden="true"><title id="LinkIconId">Link</title><path d="M14.47 1.458a4.163 4.163 0 0 0-5.901 0l-1.28 1.209a.688.688 0 0 0 0 .995c.284.285.71.285.995 0l1.21-1.209a2.878 2.878 0 0 1 3.982 0c1.138 1.067 1.137 2.916.07 3.983l-2.133 2.133-.284.284c-1.28.925-3.058.711-3.982-.569-.214-.284-.711-.355-.996-.142-.285.213-.356.71-.142.996a4.242 4.242 0 0 0 3.413 1.706c.853 0 1.777-.284 2.56-.853.142-.142.284-.284.497-.427l2.134-2.133c1.636-1.636 1.564-4.41-.143-5.973Z"></path><path d="m7.644 12.338-1.209 1.209a2.878 2.878 0 0 1-3.982 0c-1.138-1.067-1.138-2.916-.071-3.983l2.133-2.133.284-.284c.64-.427 1.351-.64 2.134-.57.782.143 1.422.498 1.849 1.138.213.284.71.356.996.143.284-.214.355-.711.142-.996-.71-.924-1.707-1.493-2.773-1.636-1.067-.213-2.205.071-3.13.783l-.426.426L1.458 8.57c-1.636 1.706-1.565 4.409.07 6.044.854.782 1.92 1.209 2.987 1.209 1.067 0 2.134-.427 2.987-1.21l1.209-1.208a.688.688 0 0 0 0-.996c-.284-.285-.782-.356-1.067-.07Z"></path></svg></div></span></button></li></ul></div></div></div></div></div></div></div></header><div data-testid="ArticleBody" class="article-body-module__wrapper__kL0a8" confirmation_email_sent_page_url="/confirmationsent/" legal_marketing_page_url="https://legal.thomsonreuters.com/en/products/reuters-legal-news" sign_in_page_url="/account/sign-in/" sign_up_page_url="/account/register/sign-up/" terms_page_url="/info-pages/terms-of-use/"><div class="article-body-module__container__oOFyv over-6-para"><div data-testid="primary-image" class="article-body-module__primary-asset__Cn6rd" role="figure" aria-describedby="primary-image-caption" dir="ltr"><figure class="primary-image-module__container__y8Shr"><div data-testid="EagerImageContainer" class="primary-image-module__image__D-Gwq"><div class="styles-module__image-container__E0mCm styles-module__fill__Ft7kn styles-module__center_center__bzABO styles-module__apply-ratio__u0jXJ" style="--aspect-ratio:1.5011764705882353"><img data-testid="EagerImage" src="https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf&width=1920&quality=80" srcSet="https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf&width=480&quality=80 480w,https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf&width=640&quality=80 640w,https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf&width=720&quality=80 720w,https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf&width=960&quality=80 960w,https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf&width=1080&quality=80 1080w,https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf&width=1200&quality=80 1200w" sizes="(min-width: 1024px) 560px, (min-width: 1440px) 700px, 100vw" width="5104" height="3400" alt="The Bryan Mound Strategic Petroleum Reserve is seen in an aerial photograph over Freeport, Texas"/></div></div><div data-testid="Body" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__ultra_small__6-vhY body-module__full_width__kCIGb body-module__ultra_small_body__WelUC primary-image-module__caption__BFvVU"><span>The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adrees Latif/File Photo <a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://www.reutersconnect.com/item/the-bryan-mound-strategic-petroleum-reserve-is-seen-in-an-aerial-photograph-over-freeport-texas/dGFnOnJldXRlcnMuY29tLDIwMjY6bmV3c21sX1JDMjNITkFCVDk2Uw%3D%3D/?utm_medium=rcom-article-media&utm_campaign=rcom-rcp-lead" rel="noopener" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76 collapsible-caption-module__license__CPQvV">Purchase Licensing<span><span class="link-module__suffix__ObiNY"> Rights</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7 link-module__move-left__CCZH6 collapsible-caption-module__symbol__943UJ" fill="#666" width="0" height="0"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></span></a></span></div></figure></div><div class="article-body-module__content__bnXL1"><div data-testid="ContextWidget" class="context-widget-module__container__b9mKr context-widget-module__with-scroll__CmEdD article-body-module__context_widget__sq1EI"><div data-testid="TabContainer" class="context-widget-module__tabcontainer__O1B-s context-widget-module__right-gradient__QLuno"><ul role="tablist" class="context-widget-module__tabs__AIjL0"><li data-testid="summary-tab" role="tab" aria-selected="true" tabindex="0" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf context-widget-module__tab__lRw-D context-widget-module__selected__Et295">Summary</li></ul></div><div data-testid="ContextWidgetContent" class="context-widget-module__content__lI1uo"><ul data-testid="Summary" class="summary-module__summary__QjADA"><li data-testid="Body" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf summary-module__point__UgXPz">Offer revives June plan that drew bids for only about 500,000 barrels</li><li data-testid="Body" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf summary-module__point__UgXPz">Release completes U.S. share of a March accord with 30 IEA countries</li><li data-testid="Body" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf summary-module__point__UgXPz">Routine drawdowns are restricted below 252.4 million barrels, though emergency releases remain allowed</li></ul></div></div><div data-testid="paragraph-0" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF">WASHINGTON, Sept 29 (Reuters) - The US Government said on Tuesday it is offering to loan energy companies up to 40 million barrels of oil from the Strategic Petroleum Reserve, the last US batch of crude from a global deal to unleash reserves in the wake of the war on Iran.</div><div data-testid="paragraph-1" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF">Washington agreed <a data-testid="Link" referrerPolicy="no-referrer-when-downgrade" href="https://www.reuters.com/business/energy/iea-proposes-largest-ever-oil-release-strategic-reserves-wsj-reports-2026-03-11/" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC">in March</a> to loan 172 million barrels of oil from the SPR as part of a wider deal with about 30 countries in the International Energy Agency to release 400 million barrels from reserves around the world.</div><p data-testid="promo-box" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__promo-box__hVl8h"> <!-- -->Sign up<!-- --> <!-- --> <a data-testid="Link" referrerPolicy="no-referrer-when-downgrade" href="undefined?location=article-paragraph&redirectUrl=%2Fbusiness%2Fenergy%2Fus-release-40-million-barrels-crude-strategic-petroleum-reserve-energy-2026-09-29%2F" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC">here.</a></p><div data-testid="element" class="article-body-module__element__5eCce"></div><div data-testid="paragraph-2" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF">In June, the US offered to loan the last 40 million barrels from that agreement, but later that month revealed that companies <a data-testid="Link" referrerPolicy="no-referrer-when-downgrade" href="https://www.reuters.com/legal/litigation/us-loans-500000-barrels-oil-strategic-petroleum-reserve-2026-06-22/" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC">only agreed to borrow about 500,000</a> barrels.</div><div data-testid="paragraph-3" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF">Energy Secretary Chris Wright said the US and Japan have delivered on their commitments under the agreement, but said "several European member countries have released only a fraction of the crude oil and petroleum products they pledged."</div><div data-testid="element" class="article-body-module__element__5eCce"></div><div data-testid="paragraph-4" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF">Reuters reported on Wednesday that the White House has urged the European Union to draw down emergency diesel inventories in a bid to lower prices. The EU has not disclosed the total volumes its members have so far released,, although the IEA has said EU countries' contributions will primarily take the form of refined products, rather than crude oil.</div><h2 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS article-body-module__heading__KTJKz">SPR LIMITS</h2><div data-testid="paragraph-5" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF">The amount of oil in US SPR has sunk to less than 284 million barrels, the lowest level since 1982. President Donald Trump released large amounts following the start of the war with Iran and former President Joe Biden made big releases after Russia invaded Ukraine in 2022.</div><div data-testid="element" class="article-body-module__element__5eCce"></div><div data-testid="paragraph-6" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF">Trump has felt pressure to lower fuel prices ahead of the November midterm elections in which his Republican party is campaigning to maintain thin majorities in Congress. Gasoline pump prices are about $4.45 a gallon, up almost 50% since the war began in late February, and diesel prices have surged about 70% and have hit record levels around $6.50 a gallon.</div><div data-testid="paragraph-7" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF">The latest release could temporarily take the SPR level below a point where draw down <a data-testid="Link" referrerPolicy="no-referrer-when-downgrade" href="https://www.reuters.com/business/energy/depleted-us-oil-stash-loses-potency-iran-war-grinds-2026-08-31/" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC">restrictions come into force</a>.</div><div data-testid="element" class="article-body-module__element__5eCce"></div><div data-testid="paragraph-8" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF">US law prohibits the president from ordering routine, small draw downs if the SPR falls below 252.4 million barrels. The president could still order releases for major emergencies.</div><div data-testid="paragraph-9" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF">The US is loaning oil from the SPR to companies that will repay in crude, with premiums of up to 24%. The department says that system will help stabilize markets with no cost to US taxpayers. But the return of the oil is not slated to be completed <a data-testid="Link" referrerPolicy="no-referrer-when-downgrade" href="https://www.reuters.com/business/energy/us-oil-loan-emergency-reserve-depends-stiff-premiums-2026-03-18/" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC">until late 2028</a>.</div><div data-testid="element" class="article-body-module__element__5eCce"></div><div data-testid="paragraph-10" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF">The department said companies have until October 6 to submit proposals on borrowing the oil.</div><div class="article-body-module__element__5eCce"><p data-testid="Advisory" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__extra_small__8Buss body-module__full_width__kCIGb body-module__extra_small_body__Bfz20 article-body-module__advisory__v0OH7">Adds details on release from energy department, background throughout</p></div><div class="article-body-module__element__5eCce"><p data-testid="SignOff" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__extra_small__8Buss body-module__full_width__kCIGb body-module__extra_small_body__Bfz20 sign-off-module__text__LQAMP">Reporting by Timothy Gardner, additional reporting by Daphne Psaledakis and Doina Ciacu and Kate Abnett in Brussels; Editing by Susan Heavey and David Gregorio</p></div><p data-testid="Body" dir="ltr" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__element__5eCce article-body-module__trust-badge__5mS3f">Our Standards: <a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://www.thomsonreuters.com/en/about-us/trust-principles.html" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__small__sph8i link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76">The Thomson Reuters Trust Principles.<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></p><nav aria-label="Tags" data-testid="Tags" class="tags-line-module__tags__oT22o article-body-module__element__5eCce"><ul class="tags-module__list__dB1bk"><li class="tags-module__list-item__o05aY"><span data-testid="Text" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__default__R2Ckt tags-module__text__q1pEr">Suggested Topics:</span></li><li class="tags-module__list-item__o05aY"><a href="/business/energy/" aria-label="Energy category" class="button-module__link__A3sD0 button-module__secondary__70gBu button-module__pill__k2sst button-module__w_auto__Sem-F text-button-module__container__i-tuI tag" data-testid="TextButton"><span class="button-module__container__7hKTY"><span data-testid="Text" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__bold__chuBM text-module__tag_label_slim__GwAGm text-button-module__btn-text__DeEhy text-button-module__tag_label_slim__Q061K">Energy</span></span></a></li><li class="tags-module__tag-item__at8wi tags-module__list-item__o05aY" data-testid="TooltipWrap"><a href="/business/energy/refining/" class="button-module__link__A3sD0 button-module__secondary__70gBu button-module__pill__k2sst button-module__w_auto__Sem-F text-button-module__container__i-tuI tag" data-testid="TextButton"><span class="button-module__container__7hKTY"><span data-testid="Text" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__bold__chuBM text-module__tag_label_slim__GwAGm text-button-module__btn-text__DeEhy text-button-module__tag_label_slim__Q061K">Refining</span></span></a><button class="loadable-tooltip-module__caretWrapper__8qqNg loadable-tooltip-module__tagCaret__AuBBL" type="button" aria-haspopup="true" aria-expanded="false" aria-label="Refining quick links"><svg xmlns="http://www.w3.org/2000/svg" fill="none" viewBox="0 0 15 9" aria-hidden="true" focusable="false" role="presentation" data-testid="IconChevronDown" class="loadable-tooltip-module__caret__W7evz chevron-down"><path d="M14.093.337c-.411-.45-1.028-.45-1.44 0L7.2 6.3 1.749.337c-.411-.45-1.028-.45-1.44 0a1.16 1.16 0 0 0 0 1.576l6.171 6.75c.206.225.515.337.72.337.205 0 .515-.112.72-.338l6.172-6.75a1.16 1.16 0 0 0 0-1.575h.001Z"></path></svg></button></li></ul></nav><div data-testid="ArticleBodyRow" class="article-body-module__row__jhsYg article-body-module__element__5eCce"><div data-testid="ArticleToolbar" class="article-body-module__desktop-only__-UHim" dir="ltr"><div data-testid="ToolbarContainer" class="toolbar-module__container__Vw74x"><div data-testid="SaveSymbols" class="toolbar-item-module__symbol-wrapper__vOLPH toolbar-item-module__expanded__ybC3S"><div><button aria-label="Save article US to loan up to 40 million barrels of oil from SPR, last batch from global deal" class="button-module__button__Pqh0q button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F button-module__has-tooltip__3sOvX toolbar-item-module__symbol-btn__Beam-" type="button" data-testid="Button"><span class="button-module__container__7hKTY"><svg width="11" height="17" xmlns="http://www.w3.org/2000/svg" aria-hidden="true" focusable="false" role="presentation" data-testid="IconSave" class="svg"><path d="M9.824 1.441V15.56c0 .352-.038.547-.301.32l-3.784-3.247a.378.378 0 00-.478 0L1.477 15.88c-.263.226-.477.124-.477-.228V1.637A.63.63 0 011.619 1h7.763l.442.441z" fill-rule="nonzero" stroke="currentColor" stroke-width="2" fill="none" stroke-linecap="round" stroke-linejoin="round"></path></svg></span></button></div></div><div data-testid="SharingSymbols" class="toolbar-item-module__symbol-wrapper__vOLPH toolbar-item-module__overlay__0vABN toolbar-item-module__expanded__ybC3S"><div class="toolbar-item-module__container__-KLhn" data-testid="ToolbarItemContainer"><button aria-haspopup="true" aria-expanded="false" id="toolbar-item-parent-share-_R_hl96b5a_" aria-controls="toolbar-item-dropdown-share-_R_hl96b5a_" aria-label="Share article" class="button-module__button__Pqh0q button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F button-module__has-tooltip__3sOvX toolbar-item-module__symbol-btn__Beam- toolbar-item-module__hidden__Kg2eo" type="button" data-testid="toolbar-item-parent-share-_R_hl96b5a_"><span class="button-module__container__7hKTY"><div class="utility-module__container__YJxgW" aria-hidden="true"><svg width="21" height="21" viewBox="0 0 21 21" fill="none" xmlns="http://www.w3.org/2000/svg" role="presentation" class="utility-module__symbol__EQkIM" aria-hidden="true" focusable="false" data-testid="icon-share"><path d="M17.719 14.437c-.926 0-1.762.385-2.359 1.002l-8.839-4.42a3.306 3.306 0 0 0 0-1.038l8.84-4.42a3.282 3.282 0 1 0-.881-1.76l-8.84 4.42a3.282 3.282 0 1 0 0 4.56l8.839 4.418a3.282 3.282 0 1 0 3.24-2.762Z"></path></svg></div></span></button><ul class="toolbar-item-module__symbol-list__YMKbJ" id="toolbar-item-dropdown-share-_R_hl96b5a_" data-testid="toolbar-item-dropdown-share-_R_hl96b5a_" aria-labelledby="toolbar-item-parent-share-_R_hl96b5a_"><li class="toolbar-item-module__item__jUoKy"><button aria-label="Share article on X" headline="US to loan up to 40 million barrels of oil from SPR, last batch from global deal" class="button-module__button__Pqh0q button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F toolbar-item-module__rounded-top__GmqUm" type="button" data-testid="twitter"><span class="button-module__container__7hKTY toolbar-item-module__rounded-top__GmqUm"><div class="social-module__container__gCKQP"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 30 30" aria-labelledby="TwitterIconId" role="presentation" class="social-module__symbol__FX9eO" focusable="false" aria-hidden="true"><title id="TwitterIconId">X</title><path d="M17.923 14.387 25.569 5.5h-1.812l-6.64 7.717L11.817 5.5H5.7l8.018 11.67L5.7 26.49h1.812l7.01-8.15 5.6 8.15h6.116l-8.316-12.102Zm-2.482 2.885-.812-1.162-6.464-9.246h2.783l5.216 7.462.813 1.162 6.78 9.7h-2.782l-5.534-7.915Z"></path></svg></div></span></button></li><li class="toolbar-item-module__item__jUoKy"><button aria-label="Share article on Facebook" headline="US to loan up to 40 million barrels of oil from SPR, last batch from global deal" class="button-module__button__Pqh0q button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F toolbar-item-module__rounded-none__jyCCH" type="button" data-testid="facebook"><span class="button-module__container__7hKTY toolbar-item-module__rounded-none__jyCCH"><div class="social-module__container__gCKQP"><svg xmlns="http://www.w3.org/2000/svg" viewBox="6 6 20 20" aria-labelledby="FacebookIconId" role="presentation" class="social-module__symbol__FX9eO" focusable="false" aria-hidden="true"><title id="FacebookIconId">Facebook</title><path d="M16 6.04001C10.5 6.04001 6 10.53 6 16.06C6 21.06 9.66 25.21 14.44 25.96V18.96H11.9V16.06H14.44V13.85C14.44 11.34 15.93 9.96001 18.22 9.96001C19.31 9.96001 20.45 10.15 20.45 10.15V12.62H19.19C17.95 12.62 17.56 13.39 17.56 14.18V16.06H20.34L19.89 18.96H17.56V25.96C19.9164 25.5879 22.0622 24.3855 23.6099 22.5701C25.1576 20.7546 26.0054 18.4457 26 16.06C26 10.53 21.5 6.04001 16 6.04001Z"></path></svg></div></span></button></li><li class="toolbar-item-module__item__jUoKy"><button aria-label="Share article on LinkedIn" headline="US to loan up to 40 million barrels of oil from SPR, last batch from global deal" class="button-module__button__Pqh0q button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F toolbar-item-module__rounded-none__jyCCH" type="button" data-testid="linkedin"><span class="button-module__container__7hKTY toolbar-item-module__rounded-none__jyCCH"><div class="social-module__container__gCKQP"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 21 21" aria-labelledby="LinkedinIconId" role="presentation" class="social-module__symbol__FX9eO" focusable="false" aria-hidden="true"><title id="LinkedinIconId">Linkedin</title><path d="M19.031 0c1.034 0 1.888.807 1.964 1.822L21 1.97V19.03a1.975 1.975 0 0 1-1.822 1.964L19.03 21H1.97a1.975 1.975 0 0 1-1.964-1.822L0 19.03V1.97C0 .935.807.08 1.822.005L1.97 0H19.03ZM6.3 7.875H3.15v10.063H6.3V7.874Zm7.875-.175c-1.575 0-2.538.788-2.975 1.575v-1.4H8.225v10.063h3.15V12.95c0-1.313.175-2.537 1.838-2.537 1.575 0 1.575 1.487 1.575 2.624v4.9h3.15v-5.425c0-2.712-.613-4.812-3.763-4.812ZM4.637 2.8c-1.05 0-1.837.875-1.837 1.838 0 1.05.875 1.837 1.838 1.837 1.05 0 1.837-.787 1.837-1.837 0-1.05-.875-1.838-1.837-1.838Z"></path></svg></div></span></button></li><li class="toolbar-item-module__item__jUoKy"><button aria-label="Email article" headline="US to loan up to 40 million barrels of oil from SPR, last batch from global deal" class="button-module__button__Pqh0q button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F toolbar-item-module__rounded-none__jyCCH" type="button" data-testid="email"><span class="button-module__container__7hKTY toolbar-item-module__rounded-none__jyCCH"><div class="social-module__container__gCKQP"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 21 18" aria-labelledby="EmailIconId" role="presentation" class="social-module__symbol__FX9eO" focusable="false" aria-hidden="true"><title id="EmailIconId">Email</title><path d="M20.125 9c.449 0 .819.347.87.795L21 9.9v5.4c0 1.438-1.093 2.613-2.47 2.695l-.155.005H2.625c-1.398 0-2.54-1.124-2.62-2.541L0 15.3V9.9c0-.497.392-.9.875-.9.449 0 .819.347.87.795l.005.105v5.4c0 .462.338.842.773.894l.102.006h15.75a.884.884 0 0 0 .87-.795l.005-.105V9.9c0-.497.392-.9.875-.9Zm-1.75-9C19.825 0 21 1.209 21 2.7v2.7c0 .33-.175.632-.456.79l-9.625 5.4a.854.854 0 0 1-.838 0L.456 6.19A.904.904 0 0 1 0 5.4V2.7C0 1.209 1.175 0 2.625 0h15.75Zm0 1.8H2.625a.888.888 0 0 0-.875.9v2.166l8.75 4.909 8.75-4.91V2.7a.892.892 0 0 0-.773-.894l-.102-.006Z"></path></svg></div></span></button></li><li class="toolbar-item-module__item__jUoKy"><button aria-label="Copy link" url="https://www.reuters.com/business/energy/us-release-40-million-barrels-crude-strategic-petroleum-reserve-energy-2026-09-29/" class="button-module__button__Pqh0q button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F button-module__has-tooltip__3sOvX toolbar-item-module__rounded-bottom__m23kx article-toolbar-module__tooltip-left-on-tablet__aF4cA" type="button" data-testid="link"><span class="button-module__container__7hKTY toolbar-item-module__rounded-bottom__m23kx"><div class="social-module__container__gCKQP"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 16 16" aria-labelledby="LinkIconId" role="presentation" class="social-module__symbol__FX9eO" focusable="false" aria-hidden="true"><title id="LinkIconId">Link</title><path d="M14.47 1.458a4.163 4.163 0 0 0-5.901 0l-1.28 1.209a.688.688 0 0 0 0 .995c.284.285.71.285.995 0l1.21-1.209a2.878 2.878 0 0 1 3.982 0c1.138 1.067 1.137 2.916.07 3.983l-2.133 2.133-.284.284c-1.28.925-3.058.711-3.982-.569-.214-.284-.711-.355-.996-.142-.285.213-.356.71-.142.996a4.242 4.242 0 0 0 3.413 1.706c.853 0 1.777-.284 2.56-.853.142-.142.284-.284.497-.427l2.134-2.133c1.636-1.636 1.564-4.41-.143-5.973Z"></path><path d="m7.644 12.338-1.209 1.209a2.878 2.878 0 0 1-3.982 0c-1.138-1.067-1.138-2.916-.071-3.983l2.133-2.133.284-.284c.64-.427 1.351-.64 2.134-.57.782.143 1.422.498 1.849 1.138.213.284.71.356.996.143.284-.214.355-.711.142-.996-.71-.924-1.707-1.493-2.773-1.636-1.067-.213-2.205.071-3.13.783l-.426.426L1.458 8.57c-1.636 1.706-1.565 4.409.07 6.044.854.782 1.92 1.209 2.987 1.209 1.067 0 2.134-.427 2.987-1.21l1.209-1.208a.688.688 0 0 0 0-.996c-.284-.285-.782-.356-1.067-.07Z"></path></svg></div></span></button></li></ul></div></div></div></div><a href="https://www.reutersagency.com/en/licensereuterscontent/?utm_medium=rcom-article-media&utm_campaign=rcom-rcp-lead" target="_blank" dir="ltr" class="button-module__link__A3sD0 button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F" data-testid="LicenceContentButton"><span class="button-module__container__7hKTY license-content-button-module__button__fVUbl"><span data-testid="Text" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__regular__qJJtA text-module__body_fixed__x-bYA license-content-button-module__text__o0vYm">Purchase Licensing Rights</span></span></a></div><div data-testid="AuthorBio" class="article-body-module__element__5eCce"><address class="author-bio-module__author-card__x6Fud"><div class="author-bio-module__author-wrapper__0yxtX"><a data-testid="AuthorBioImageLink" class="author-bio-module__author-image__jcaG3" href="/authors/timothy-gardner/" referrerPolicy="no-referrer-when-downgrade" tabindex="-1"><div data-testid="AuthorBioImage" class="author-bio-module__image__JYfQ0"><div class="styles-module__image-container__E0mCm styles-module__fill__Ft7kn styles-module__center_center__bzABO styles-module__apply-ratio__u0jXJ styles-module__transition__joucY"></div><noscript><img src="https://www.reuters.com/resizer/v2/https%3A%2F%2Fs3.amazonaws.com%2Farc-authors%2Freuters%2F1bb7724b-8fde-4826-bdd0-f0f535c72cd1.png?auth=7bbb8c4ffa85576094b8fc43b04397dae6367ec3080896a1c0ed9c2869edb43a&height=120&width=120&quality=80&smart=true" alt="Timothy Gardner" /></noscript></div></a><div class="author-bio-module__author-info__Q4uAb"><a data-testid="Heading" tabindex="0" rel="author" href="/authors/timothy-gardner/" referrerPolicy="no-referrer-when-downgrade" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS author-bio-module__name__LMaZa">Timothy Gardner</a><p data-testid="Body" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__body__9d61E body-module__base__o--Cl body-module__body__FsjGW author-bio-module__company__eMPr7">Thomson Reuters</p></div></div><p data-testid="Body" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__extra_small__8Buss body-module__base__o--Cl body-module__extra_small_body__Bfz20 author-bio-module__description__9ynkB">Timothy reports on energy and environment policy and is based in Washington, D.C. His coverage ranges from the latest in nuclear power, to environment regulations, to U.S. sanctions and geopolitics. He has been a member of three teams in the past two years that have won Reuters best journalism of the year awards. As a cyclist he is happiest outside.</p><div class="author-bio-module__social__WLpHF" data-testid="SocialIcon"><ul class="social-links-module__container__u-Ga0 social-links-module__condensed__eEJwK social-links-module__wrap-links__Zxr2b" aria-label="Social media links"><li class="item"><a aria-label="Email Timothy Gardner" target="_blank" href="mailto:timothy.gardner@thomsonreuters.com" class="button-module__link__A3sD0 button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F" data-testid="Social"><span class="button-module__container__7hKTY"><div class="social-module__container__gCKQP"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 21 18" aria-labelledby="EmailIconId" role="presentation" class="social-module__symbol__FX9eO" focusable="false" aria-hidden="true"><title id="EmailIconId">Email</title><path d="M20.125 9c.449 0 .819.347.87.795L21 9.9v5.4c0 1.438-1.093 2.613-2.47 2.695l-.155.005H2.625c-1.398 0-2.54-1.124-2.62-2.541L0 15.3V9.9c0-.497.392-.9.875-.9.449 0 .819.347.87.795l.005.105v5.4c0 .462.338.842.773.894l.102.006h15.75a.884.884 0 0 0 .87-.795l.005-.105V9.9c0-.497.392-.9.875-.9Zm-1.75-9C19.825 0 21 1.209 21 2.7v2.7c0 .33-.175.632-.456.79l-9.625 5.4a.854.854 0 0 1-.838 0L.456 6.19A.904.904 0 0 1 0 5.4V2.7C0 1.209 1.175 0 2.625 0h15.75Zm0 1.8H2.625a.888.888 0 0 0-.875.9v2.166l8.75 4.909 8.75-4.91V2.7a.892.892 0 0 0-.773-.894l-.102-.006Z"></path></svg></div></span></a></li><li class="item"><a aria-label="Visit Timothy Gardner on X" target="_blank" href="https://x.com/timogard" class="button-module__link__A3sD0 button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F" data-testid="Social"><span class="button-module__container__7hKTY"><div class="social-module__container__gCKQP"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 30 30" aria-labelledby="TwitterIconId" role="presentation" class="social-module__symbol__FX9eO" focusable="false" aria-hidden="true"><title id="TwitterIconId">X</title><path d="M17.923 14.387 25.569 5.5h-1.812l-6.64 7.717L11.817 5.5H5.7l8.018 11.67L5.7 26.49h1.812l7.01-8.15 5.6 8.15h6.116l-8.316-12.102Zm-2.482 2.885-.812-1.162-6.464-9.246h2.783l5.216 7.462.813 1.162 6.78 9.7h-2.782l-5.534-7.915Z"></path></svg></div></span></a></li><li class="item"><a aria-label="Visit Timothy Gardner on linkedin" target="_blank" href="https://www.linkedin.com/in/timothy-gardner-1448953/" class="button-module__link__A3sD0 button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F" data-testid="Social"><span class="button-module__container__7hKTY"><div class="social-module__container__gCKQP"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 21 21" aria-labelledby="LinkedinIconId" role="presentation" class="social-module__symbol__FX9eO" focusable="false" aria-hidden="true"><title id="LinkedinIconId">Linkedin</title><path d="M19.031 0c1.034 0 1.888.807 1.964 1.822L21 1.97V19.03a1.975 1.975 0 0 1-1.822 1.964L19.03 21H1.97a1.975 1.975 0 0 1-1.964-1.822L0 19.03V1.97C0 .935.807.08 1.822.005L1.97 0H19.03ZM6.3 7.875H3.15v10.063H6.3V7.874Zm7.875-.175c-1.575 0-2.538.788-2.975 1.575v-1.4H8.225v10.063h3.15V12.95c0-1.313.175-2.537 1.838-2.537 1.575 0 1.575 1.487 1.575 2.624v4.9h3.15v-5.425c0-2.712-.613-4.812-3.763-4.812ZM4.637 2.8c-1.05 0-1.837.875-1.837 1.838 0 1.05.875 1.837 1.838 1.837 1.05 0 1.837-.787 1.837-1.837 0-1.05-.875-1.838-1.837-1.838Z"></path></svg></div></span></a></li></ul></div></address></div></div></div></div></div></div><div class="article-module__read-next__xukaw"><div data-testid="ReadNextV2" class="spacing-container-module__container__pUI7w spacing-container-module__tablet-mobile-only__Gr4LX spacing-container-module__max-width__v4xCG read-next-v2-module__container__kEE6i" dir="ltr"><div class="read-next-v2-module__content__3amFY"><div class="read-next-v2-module__header__Sts-r"><h2 data-testid="Heading" id="read-next-v2-heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_5__0myM8 heading-module__base__p-zaD heading-module__heading_5__CSjbg read-next-v2-module__label__04XL3">Read Next</h2></div><div class="read-next-panel"><div data-testid="read-next-buttons" class="read-next-v2-module__controls__OnJRm" lang="en"><button aria-label="Scroll back" aria-controls="carousel-container" class="button-module__button__Pqh0q button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F button-module__disabled__Jrv4E button-module__has-tooltip__3sOvX read-next-v2-module__step-button__VFEbX" disabled="" type="button" data-testid="Button"><span class="button-module__container__7hKTY"><svg xmlns="http://www.w3.org/2000/svg" fill="none" viewBox="0 0 15 9" aria-hidden="true" focusable="false" role="presentation" data-testid="IconChevronLeft" class="read-next-v2-module__arrow__ez0lb svg-module__chevron-left__Wn1FO"><path d="M14.093.337c-.411-.45-1.028-.45-1.44 0L7.2 6.3 1.749.337c-.411-.45-1.028-.45-1.44 0a1.16 1.16 0 0 0 0 1.576l6.171 6.75c.206.225.515.337.72.337.205 0 .515-.112.72-.338l6.172-6.75a1.16 1.16 0 0 0 0-1.575h.001Z"></path></svg></span></button><button aria-label="Scroll forward" aria-controls="carousel-container" class="button-module__button__Pqh0q button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F button-module__has-tooltip__3sOvX read-next-v2-module__step-button__VFEbX" type="button" data-testid="Button"><span class="button-module__container__7hKTY"><svg xmlns="http://www.w3.org/2000/svg" fill="none" viewBox="0 0 15 9" aria-hidden="true" focusable="false" role="presentation" data-testid="IconChevronRight" class="read-next-v2-module__arrow__ez0lb svg-module__chevron-right__6kGT2"><path d="M14.093.337c-.411-.45-1.028-.45-1.44 0L7.2 6.3 1.749.337c-.411-.45-1.028-.45-1.44 0a1.16 1.16 0 0 0 0 1.576l6.171 6.75c.206.225.515.337.72.337.205 0 .515-.112.72-.338l6.172-6.75a1.16 1.16 0 0 0 0-1.575h.001Z"></path></svg></span></button></div><ul class="read-next-v2-module__stories__gPnBc" id="carousel-container"><li class="read-next-v2-module__item__F8aJ9" inert=""><div class="story-card-module__tpl-common__G5wYS story-card-module__tpl-full-media-on-top__ps3O2 story-card-module__transition-no-date-for-extra-wide-desktop__20m3z story-card-module__transition-no-date-for-desktop__b65V6 story-card-module__transition-no-date-for-tablet__2zqMx story-card-module__transition-media-on-right-for-mobile__ygju8 read-next-v2-module__story-card__Bus22" data-are-authors="true" data-has-multiple-authors="true" data-dir="ltr" data-testid="StoryCard" tabindex="-1"><time data-testid="DateLineText" dateTime="2026-10-02T22:20:30.734Z" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__light__ZYtNU text-module__ultra_small__6-vhY story-card-module__area-date__p9wlR"> ago</time><span data-testid="KickerLabel" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__light__ZYtNU text-module__extra_small__8Buss label-module__label__Sv2H2 label-module__kicker__jiI-y story-card-module__area-kicker__CYVuk"><a data-testid="KickerLink" referrerPolicy="no-referrer-when-downgrade" href="/business/energy/" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_on_hover__YTwYC">Energy<span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">category</span></a></span><div data-testid="Title" class="title-module__title__Lr6MH story-card-module__area-headline__N6EZa"><a data-testid="TitleLink" referrerPolicy="no-referrer-when-downgrade" aria-label="G7 countries agree on release of diesel and oil stocks after US pressure, includes video" href="/business/energy/europe-discussing-plan-diesel-stock-releases-after-us-pressure-source-says-2026-10-02/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_on_hover__YTwYC"><span data-testid="TitleHeading" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS title-module__heading__ZrRzk">G7 countries agree on release of diesel and oil stocks after US pressure</span></a></div><figure class=" image-container no-caption story-card-module__area-media__N2Hg6" data-testid="MediaImage"><a data-testid="MediaImageLink" aria-hidden="true" tabindex="-1" referrerPolicy="no-referrer-when-downgrade" href="/business/energy/europe-discussing-plan-diesel-stock-releases-after-us-pressure-source-says-2026-10-02/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_default__-okuC image-module__container__dqGwP story-card-module__image-link__4wq06"><div data-testid="Image" class="image story-card-module__image__NNKq2"><div class="styles-module__image-container__E0mCm styles-module__cover__SgyOM styles-module__center_center__bzABO styles-module__apply-ratio__u0jXJ styles-module__transition__joucY" style="--aspect-ratio:1.5"></div><noscript><img src="https://www.reuters.com/resizer/v2/CJCAD6J6PFJJPPLTEMTA74Z7JM.jpg?auth=ba6c6f8a0b40f28c8dfd80b634bf81ecc902c8a5f0b6730fe15a916c6c8e2e10&width=1200&quality=80" alt="French President Emmanuel Macron speaks following a video conference with G7 leaders at the Elysee Palace in Paris" /></noscript></div><div data-testid="MediaImageMediaSymbol" class="image-module__media__IKLV9 media-module__symbol__O-kyE media-module__corner__lBxSF"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 16 20" aria-hidden="true" focusable="false" role="presentation" aria-labelledby="react-aria-_R_15i3a6b5a_"><path d="m15.499 9.173-14-9.022C1.2-.05.8-.05.5.15c-.3.1-.5.4-.5.802v18.045c0 .4.2.701.5.902.2.1.3.1.5.1s.4-.1.5-.2l14-9.023c.3-.201.5-.502.5-.802 0-.301-.2-.702-.5-.803l-.001.001ZM2 17.193V2.757L13.2 9.975 2 17.193Z"></path></svg></div></a></figure></div></li><li class="read-next-v2-module__item__F8aJ9" inert=""><div class="story-card-module__tpl-common__G5wYS story-card-module__tpl-full-media-on-top__ps3O2 story-card-module__transition-no-date-for-extra-wide-desktop__20m3z story-card-module__transition-no-date-for-desktop__b65V6 story-card-module__transition-no-date-for-tablet__2zqMx story-card-module__transition-media-on-right-for-mobile__ygju8 read-next-v2-module__story-card__Bus22" data-are-authors="true" data-has-multiple-authors="true" data-dir="ltr" data-testid="StoryCard" tabindex="-1"><time data-testid="DateLineText" dateTime="2026-10-02T12:54:06.625Z" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__light__ZYtNU text-module__ultra_small__6-vhY story-card-module__area-date__p9wlR"> ago</time><span data-testid="KickerLabel" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__light__ZYtNU text-module__extra_small__8Buss label-module__label__Sv2H2 label-module__kicker__jiI-y story-card-module__area-kicker__CYVuk"><a data-testid="KickerLink" referrerPolicy="no-referrer-when-downgrade" href="/business/energy/" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_on_hover__YTwYC">Energy<span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">category</span></a></span><div data-testid="Title" class="title-module__title__Lr6MH story-card-module__area-headline__N6EZa"><div data-testid="TitleExclusiveBadgeContainer" class="title-module__badge-container__uaWvs"><div data-testid="TitleExclusiveBadge" class="exclusive-badge-module__container__6F9DX" aria-label="Exclusive"><span data-testid="Body" class="text-module__text-token__pI14c text-module__tr-orange-2024__EFtqJ text-module__rcom-body-xs-bold-fixed__lvAjX body-module__base__o--Cl">EXCLUSIVE</span></div></div><a data-testid="TitleLink" referrerPolicy="no-referrer-when-downgrade" href="/business/energy/opec-delays-oil-capacity-review-after-iran-war-disrupts-expansion-plans-sources-2026-10-02/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_on_hover__YTwYC"><span data-testid="TitleHeading" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS title-module__heading__ZrRzk">OPEC+ delays oil capacity review after Iran war disrupts expansion plans</span></a></div><figure class=" image-container no-caption story-card-module__area-media__N2Hg6" data-testid="MediaImage"><a data-testid="MediaImageLink" aria-hidden="true" tabindex="-1" referrerPolicy="no-referrer-when-downgrade" href="/business/energy/opec-delays-oil-capacity-review-after-iran-war-disrupts-expansion-plans-sources-2026-10-02/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_default__-okuC image-module__container__dqGwP story-card-module__image-link__4wq06"><div data-testid="Image" class="image story-card-module__image__NNKq2"><div class="styles-module__image-container__E0mCm styles-module__cover__SgyOM styles-module__center_center__bzABO styles-module__apply-ratio__u0jXJ styles-module__transition__joucY" style="--aspect-ratio:1.5"></div><noscript><img src="https://www.reuters.com/resizer/v2/3W7DI6AUMBKEVPTO44UHJQUYDM.jpg?auth=af3a6ba5d628691da844bb9a36329aa8b3119383643941a13a5edccb482a2c85&width=1200&quality=80" alt="OPEC printed logo submerged in petroleum oil is seen in this illustration taken June 25, 2026. REUTERS/Dado Ruvic/Illustration" /></noscript></div></a></figure></div></li><li class="read-next-v2-module__item__F8aJ9" inert=""><div class="story-card-module__tpl-common__G5wYS story-card-module__tpl-full-media-on-top__ps3O2 story-card-module__transition-no-date-for-extra-wide-desktop__20m3z story-card-module__transition-no-date-for-desktop__b65V6 story-card-module__transition-no-date-for-tablet__2zqMx story-card-module__transition-media-on-right-for-mobile__ygju8 read-next-v2-module__story-card__Bus22" data-are-authors="true" data-has-multiple-authors="false" data-dir="ltr" data-testid="StoryCard" tabindex="-1"><time data-testid="DateLineText" dateTime="2026-10-02T19:50:00.654Z" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__light__ZYtNU text-module__ultra_small__6-vhY story-card-module__area-date__p9wlR"> ago</time><span data-testid="KickerLabel" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__light__ZYtNU text-module__extra_small__8Buss label-module__label__Sv2H2 label-module__kicker__jiI-y story-card-module__area-kicker__CYVuk"><a data-testid="KickerLink" referrerPolicy="no-referrer-when-downgrade" href="/business/energy/" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_on_hover__YTwYC">Energy<span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">category</span></a></span><div data-testid="Title" class="title-module__title__Lr6MH story-card-module__area-headline__N6EZa"><a data-testid="TitleLink" referrerPolicy="no-referrer-when-downgrade" aria-label="Oil settles lower after Europe agrees to tap diesel reserves, includes video" href="/business/energy/oil-rises-slightly-market-weighs-mixed-supply-signals-2026-10-02/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_on_hover__YTwYC"><span data-testid="TitleHeading" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS title-module__heading__ZrRzk">Oil settles lower after Europe agrees to tap diesel reserves</span></a></div><figure class=" image-container no-caption story-card-module__area-media__N2Hg6" data-testid="MediaImage"><a data-testid="MediaImageLink" aria-hidden="true" tabindex="-1" referrerPolicy="no-referrer-when-downgrade" href="/business/energy/oil-rises-slightly-market-weighs-mixed-supply-signals-2026-10-02/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_default__-okuC image-module__container__dqGwP story-card-module__image-link__4wq06"><div data-testid="Image" class="image story-card-module__image__NNKq2"><div class="styles-module__image-container__E0mCm styles-module__cover__SgyOM styles-module__center_center__bzABO styles-module__apply-ratio__u0jXJ styles-module__transition__joucY" style="--aspect-ratio:1.5"></div><noscript><img src="https://www.reuters.com/resizer/v2/HVYXY6YWJZMH7ECCBI6WKU6NK4.jpg?auth=f13e9945ea648a689f548dbac9b7b7b2ef300ce2a83c0aeb6a2b67cf0c4de1c2&width=1200&quality=80" alt="Equinor's Johan Sverdrup oilfield platforms and accommodation jack-up rig Haven are pictured in the North Sea" /></noscript></div><div data-testid="MediaImageMediaSymbol" class="image-module__media__IKLV9 media-module__symbol__O-kyE media-module__corner__lBxSF"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 16 20" aria-hidden="true" focusable="false" role="presentation" aria-labelledby="react-aria-_R_15i7a6b5a_"><path d="m15.499 9.173-14-9.022C1.2-.05.8-.05.5.15c-.3.1-.5.4-.5.802v18.045c0 .4.2.701.5.902.2.1.3.1.5.1s.4-.1.5-.2l14-9.023c.3-.201.5-.502.5-.802 0-.301-.2-.702-.5-.803l-.001.001ZM2 17.193V2.757L13.2 9.975 2 17.193Z"></path></svg></div></a></figure></div></li><li class="read-next-v2-module__item__F8aJ9" inert=""><div class="story-card-module__tpl-common__G5wYS story-card-module__tpl-full-media-on-top__ps3O2 story-card-module__transition-no-date-for-extra-wide-desktop__20m3z story-card-module__transition-no-date-for-desktop__b65V6 story-card-module__transition-no-date-for-tablet__2zqMx story-card-module__transition-media-on-right-for-mobile__ygju8 read-next-v2-module__story-card__Bus22" data-are-authors="true" data-has-multiple-authors="true" data-dir="ltr" data-testid="StoryCard" tabindex="-1"><time data-testid="DateLineText" dateTime="2026-10-02T16:16:00.367Z" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__light__ZYtNU text-module__ultra_small__6-vhY story-card-module__area-date__p9wlR"> ago</time><span data-testid="KickerLabel" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__light__ZYtNU text-module__extra_small__8Buss label-module__label__Sv2H2 label-module__kicker__jiI-y story-card-module__area-kicker__CYVuk"><a data-testid="KickerLink" referrerPolicy="no-referrer-when-downgrade" href="/business/energy/" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_on_hover__YTwYC">Energy<span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">category</span></a></span><div data-testid="Title" class="title-module__title__Lr6MH story-card-module__area-headline__N6EZa"><a data-testid="TitleLink" referrerPolicy="no-referrer-when-downgrade" href="/business/energy/trump-says-us-deal-with-south-korea-includes-84-billion-for-oil-recovery-2026-10-02/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_on_hover__YTwYC"><span data-testid="TitleHeading" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS title-module__heading__ZrRzk">Trump says US deal with South Korea has $8.4 billion for oil recovery</span></a></div><figure class=" image-container no-caption story-card-module__area-media__N2Hg6" data-testid="MediaImage"><a data-testid="MediaImageLink" aria-hidden="true" tabindex="-1" referrerPolicy="no-referrer-when-downgrade" href="/business/energy/trump-says-us-deal-with-south-korea-includes-84-billion-for-oil-recovery-2026-10-02/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_default__-okuC image-module__container__dqGwP story-card-module__image-link__4wq06"><div data-testid="Image" class="image story-card-module__image__NNKq2"><div class="styles-module__image-container__E0mCm styles-module__cover__SgyOM styles-module__center_center__bzABO styles-module__apply-ratio__u0jXJ styles-module__transition__joucY" style="--aspect-ratio:1.5"></div><noscript><img src="https://www.reuters.com/resizer/v2/EM5X5L22MVMWLEC7543XNPDAC4.jpg?auth=7dc018be4d58aad1a02d6462b95a4db3c7aac092721cd53eebb647cb2c5c34d0&width=1200&quality=80" alt="2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju" /></noscript></div></a></figure></div></li><li class="read-next-v2-module__item__F8aJ9" inert=""><div class="story-card-module__tpl-common__G5wYS story-card-module__tpl-full-media-on-top__ps3O2 story-card-module__transition-no-date-for-extra-wide-desktop__20m3z story-card-module__transition-no-date-for-desktop__b65V6 story-card-module__transition-no-date-for-tablet__2zqMx story-card-module__transition-media-on-right-for-mobile__ygju8 read-next-v2-module__story-card__Bus22" data-are-authors="true" data-has-multiple-authors="true" data-dir="ltr" data-testid="StoryCard" tabindex="-1"><time data-testid="DateLineText" dateTime="2026-10-02T21:31:06.133Z" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__light__ZYtNU text-module__ultra_small__6-vhY story-card-module__area-date__p9wlR"> ago</time><span data-testid="KickerLabel" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__light__ZYtNU text-module__extra_small__8Buss label-module__label__Sv2H2 label-module__kicker__jiI-y story-card-module__area-kicker__CYVuk"><a data-testid="KickerLink" referrerPolicy="no-referrer-when-downgrade" href="/legal/" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_on_hover__YTwYC">Legal<span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">category</span></a></span><div data-testid="Title" class="title-module__title__Lr6MH story-card-module__area-headline__N6EZa"><a data-testid="TitleLink" referrerPolicy="no-referrer-when-downgrade" href="/legal/transactional/owners-brazils-braskem-finalizing-counter-proposal-3-billion-capital-demand-2026-10-02/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_on_hover__YTwYC"><span data-testid="TitleHeading" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS title-module__heading__ZrRzk">Owners of Brazil's Braskem finalizing counter proposal to $3 billion capital demand</span></a></div><figure class=" image-container no-caption story-card-module__area-media__N2Hg6" data-testid="MediaImage"><a data-testid="MediaImageLink" aria-hidden="true" tabindex="-1" referrerPolicy="no-referrer-when-downgrade" href="/legal/transactional/owners-brazils-braskem-finalizing-counter-proposal-3-billion-capital-demand-2026-10-02/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_default__-okuC image-module__container__dqGwP story-card-module__image-link__4wq06"><div data-testid="Image" class="image story-card-module__image__NNKq2"><div class="styles-module__image-container__E0mCm styles-module__cover__SgyOM styles-module__center_center__bzABO styles-module__apply-ratio__u0jXJ styles-module__transition__joucY" style="--aspect-ratio:1.5"></div><noscript><img src="https://www.reuters.com/resizer/v2/VLHU3ASBKVJCZEWLETCS4PEFVA.jpg?auth=a9242a88a49167ebb93e7a88e3cb669a9aa6841c890d928da221bb10661326a3&width=1200&quality=80" alt="Brazil's Braskem set for control shake-up as Novonor stake sale advances" /></noscript></div></a></figure></div></li><li class="read-next-v2-module__item__F8aJ9" inert=""><div class="story-card-module__tpl-common__G5wYS story-card-module__tpl-full-media-on-top__ps3O2 story-card-module__transition-no-date-for-extra-wide-desktop__20m3z story-card-module__transition-no-date-for-desktop__b65V6 story-card-module__transition-no-date-for-tablet__2zqMx story-card-module__transition-media-on-right-for-mobile__ygju8 read-next-v2-module__story-card__Bus22" data-are-authors="true" data-has-multiple-authors="false" data-dir="ltr" data-testid="StoryCard" tabindex="-1"><time data-testid="DateLineText" dateTime="2026-10-02T23:31:28.779Z" class="text-module__text__0GDob text-module__medium-grey__yZtlg text-module__light__ZYtNU text-module__ultra_small__6-vhY story-card-module__area-date__p9wlR"> ago</time><span data-testid="KickerLabel" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__light__ZYtNU text-module__extra_small__8Buss label-module__label__Sv2H2 label-module__kicker__jiI-y story-card-module__area-kicker__CYVuk"><a data-testid="KickerLink" referrerPolicy="no-referrer-when-downgrade" href="/business/energy/" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_on_hover__YTwYC">Energy<span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">category</span></a></span><div data-testid="Title" class="title-module__title__Lr6MH story-card-module__area-headline__N6EZa"><a data-testid="TitleLink" referrerPolicy="no-referrer-when-downgrade" href="/business/energy/crude-oil-tanker-struck-by-unknown-projectile-off-oman-ukmto-says-2026-10-02/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_on_hover__YTwYC"><span data-testid="TitleHeading" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS title-module__heading__ZrRzk">Crude oil tanker struck by unknown projectile off Oman, UKMTO says</span></a></div><figure class=" image-container no-caption story-card-module__area-media__N2Hg6" data-testid="MediaImage"><a data-testid="MediaImageLink" aria-hidden="true" tabindex="-1" referrerPolicy="no-referrer-when-downgrade" href="/business/energy/crude-oil-tanker-struck-by-unknown-projectile-off-oman-ukmto-says-2026-10-02/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_default__-okuC image-module__container__dqGwP story-card-module__image-link__4wq06"><div data-testid="Image" class="image story-card-module__image__NNKq2"><div class="styles-module__image-container__E0mCm styles-module__cover__SgyOM styles-module__center_center__bzABO styles-module__apply-ratio__u0jXJ styles-module__transition__joucY" style="--aspect-ratio:1.5"></div><noscript><img src="https://www.reuters.com/resizer/v2/J2OT46IMSVO2LHG3HHCW3T5WGM.jpg?auth=1bb42dc711388997fd45b2f1aac58ca16ebd233c55b315fd77faa5f6343d7aff&width=1200&quality=80" alt="Reuters' template to be used in breaking news scenarios" /></noscript></div></a></figure></div></li></ul></div></div></div></div></article></main><div data-testid="RegularArticleLayoutRightRail" class="regular-article-layout-module__right-rail__2qiLA" dir="ltr"><div class="regular-article-layout-module__box-link__GbJKV"></div><div class="regular-article-layout-module__refinitiv_workspace__qkKBR"><div class="spacing-container-module__container__pUI7w spacing-container-module__t-spacing-single__BkBkc spacing-container-module__b-spacing-single__NVeK6 spacing-container-module__tablet-mobile-only__Gr4LX" data-variant-id="workspace-banner" collection="features" type="common/workspace-article-banner" id="f0fHAvEPdlmJgY" name="Workspace Article Banner" contentConfig="[object Object]" displayProperties="[object Object]" variants="[object Object]"><a href="https://www.lseg.com/en/data-analytics/products/workspace?utm_source=reuters.com&utm_medium=articlebanner&utm_campaign=Reuters_ProductPage_Links"><div data-testid="Image" class="workspace-article-banner-module__image__F14iP"><div class="styles-module__image-container__E0mCm styles-module__cover__SgyOM styles-module__center_center__bzABO styles-module__apply-ratio__u0jXJ styles-module__transition__joucY"></div><noscript><img src="https://cloudfront-us-east-2.images.arcpublishing.com/reuters/A5PB6UO6XVF4BH2TNV2NH3RZ3I.jpg" alt="LSEG Workspace" /></noscript></div></a></div></div><div class="regular-article-layout-module__newsletter__xpokK"></div></div><div class="regular-article-layout-module__related__-8p9V" dir="ltr"><div data-testid="Topic" class="divider-container-module__container__MpXC- default divider-container-module__max-width__KpWSo"><div class="topic-module__header__R-Wxz"><h2 data-testid="SectionNameHeading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_5__0myM8 heading-module__base__p-zaD heading-module__heading_5__CSjbg section-name-module__section_name__ORRlj topic-module__label__yQ-5Q"><a data-testid="SectionNameLink" referrerPolicy="no-referrer-when-downgrade" href="/business/" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_on_hover__YTwYC">Business<span class="section-name-module__chevron_wrapper__fluOT"><svg xmlns="http://www.w3.org/2000/svg" fill="none" viewBox="0 0 15 9" aria-hidden="true" focusable="false" role="presentation" data-testid="SectionNameArrowRight" class="section-name-module__chevron__1s7EF svg-module__chevron-right__6kGT2"><path d="M14.093.337c-.411-.45-1.028-.45-1.44 0L7.2 6.3 1.749.337c-.411-.45-1.028-.45-1.44 0a1.16 1.16 0 0 0 0 1.576l6.171 6.75c.206.225.515.337.72.337.205 0 .515-.112.72-.338l6.172-6.75a1.16 1.16 0 0 0 0-1.575h.001Z"></path></svg></span></a></h2></div><ul class="story-collection-module__one_hero_and_two_columns__8YnUb story-collection-module__list__gnUqs story-collection-module__with-hero__npPIU" data-testid="StoryCollection"><li class="story-collection-module__list-item__nvJUz story-collection-module__hero__gKDSI story-collection-module__default__k3Xt2 story-collection-module__with-spacing__OhP-U" id="INSEX3YUTRI3HJZOBQN4PHCYLQ" data-testid="one_hero_and_two_columns"><div data-testid="MediaStoryCard" class="media-story-card-module__hero__UeoFK story-card"><div class="media-story-card-module__placement-container__1ZSB1"><a href="https://www.reuters.com/business/retail-consumer/ais-race-transform-world-before-money-runs-out-2026-10-03/" aria-hidden="true" tabindex="-1" referrerPolicy="no-referrer-when-downgrade"><div class="media-story-card-module__image-container__fJn9a"><div data-testid="Image" class="image"><div class="styles-module__image-container__E0mCm styles-module__cover__SgyOM styles-module__center_center__bzABO styles-module__apply-ratio__u0jXJ styles-module__transition__joucY" style="--aspect-ratio:1.5"></div><noscript><img src="https://www.reuters.com/resizer/v2/KJK5LIMU35MEXDGGI44VYGBS3I.jpg?auth=f6ba4cd7a9934a677c3e0b8b4652e06f26d9f5668cbced41ee985034c00f482d&width=1200&quality=80" width="4000" height="2958" alt="Illustration shows "AI Artificial Inteligence" words" /></noscript></div><div data-testid="Media" class="media-story-card-module__media__a-Vic media-module__symbol__O-kyE media-module__corner__lBxSF"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 16 20" aria-hidden="true" focusable="false" role="presentation" aria-labelledby="react-aria-_R_ibbr5a_"><path d="m15.499 9.173-14-9.022C1.2-.05.8-.05.5.15c-.3.1-.5.4-.5.802v18.045c0 .4.2.701.5.902.2.1.3.1.5.1s.4-.1.5-.2l14-9.023c.3-.201.5-.502.5-.802 0-.301-.2-.702-.5-.803l-.001.001ZM2 17.193V2.757L13.2 9.975 2 17.193Z"></path></svg></div></div></a></div><div class="media-story-card-module__body__nZjo1"><h3 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_3__mSQzZ heading-module__base__p-zaD heading-module__heading_3__ESrdL"><a data-testid="Link" aria-label="AI's race to transform the world before the money runs out, includes video" referrerPolicy="no-referrer-when-downgrade" href="https://www.reuters.com/business/retail-consumer/ais-race-transform-world-before-money-runs-out-2026-10-03/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__inherit-line-height__1vd2c media-story-card-module__heading__xgKcP">AI's race to transform the world before the money runs out</a></h3><span data-testid="Label" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__light__ZYtNU text-module__default__R2Ckt label-module__label__Sv2H2 kicker_hero media-story-card-module__section__PyVDc"><span data-testid="Text" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW">ANALYSIS</span> · <time dateTime="2026-10-03T05:06:40.503Z">October 3, 2026 · 5:06 AM UTC</time> · ago</span><p data-testid="Body" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__large__03GSP body-module__base__o--Cl body-module__large_body__NQgnj media-story-card-module__description__DzXN2">Never has so much cash flowed into a new technology as is pouring into AI, eclipsing the sums splurged on railways or the internet when those technological revolutions sucked in capital.</p></div></div></li><li class="story-collection-module__list-item__nvJUz story-collection-module__story__A3dpi story-collection-module__default__k3Xt2 story-collection-module__with-spacing__OhP-U" id="HMWG5GA5DVKJ7C2DB32HOACMTA" data-testid="one_hero_and_two_columns"><div data-testid="MediaStoryCard" class="media-story-card-module__hub__y3KsD story-card"><div class="media-story-card-module__placement-container__1ZSB1"><a href="https://www.reuters.com/world/china/china-initiates-anti-dumping-investigation-into-p-nitrotoluene-eu-2026-10-03/" aria-hidden="true" tabindex="-1" referrerPolicy="no-referrer-when-downgrade"><div class="media-story-card-module__image-container__fJn9a"><div data-testid="Image" class="image"><div class="styles-module__image-container__E0mCm styles-module__cover__SgyOM styles-module__center_center__bzABO styles-module__apply-ratio__u0jXJ styles-module__transition__joucY" style="--aspect-ratio:1.5"></div><noscript><img src="https://www.reuters.com/resizer/v2/466BJJQ7PVGY5O53NZ3KL65MHM.png?auth=b9c3bf166c40a6778eb5672993fde7c30a15f48329026674eff92afd8da1d0ca&width=960&quality=80" width="1024" height="740" alt="Reuters logo" /></noscript></div></div></a></div><div class="media-story-card-module__body__nZjo1"><span data-testid="Label" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__light__ZYtNU text-module__extra_small__8Buss label-module__label__Sv2H2 label-module__kicker__jiI-y media-story-card-module__section__PyVDc"><a data-testid="Link" referrerPolicy="no-referrer-when-downgrade" href="/world/" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_on_hover__YTwYC">World<span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">category</span></a></span><a data-testid="Heading" href="https://www.reuters.com/world/china/china-initiates-anti-dumping-investigation-into-p-nitrotoluene-eu-2026-10-03/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS media-story-card-module__headline__ZWaRz">China initiates anti-dumping investigation into p-nitrotoluene from EU</a><div class="media-story-card-module__date-line__37fk5"><time data-testid="Label" dateTime="2026-10-03T02:52:41.377Z" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__regular__qJJtA text-module__extra_small__8Buss label-module__label__Sv2H2 label-module__small__0kHqa date">2:52 AM UTC</time></div></div></div></li><li class="story-collection-module__list-item__nvJUz story-collection-module__story__A3dpi story-collection-module__default__k3Xt2 story-collection-module__with-spacing__OhP-U" id="NIO4YRMXCVOTDNHKK6EJTUVPF4" data-testid="one_hero_and_two_columns"><div data-testid="MediaStoryCard" class="media-story-card-module__hub__y3KsD story-card"><div class="media-story-card-module__placement-container__1ZSB1"><a href="https://www.reuters.com/business/feds-hammack-tells-pbs-theres-still-time-weigh-next-monetary-policy-move-2026-10-02/" aria-hidden="true" tabindex="-1" referrerPolicy="no-referrer-when-downgrade"><div class="media-story-card-module__image-container__fJn9a"><div data-testid="Image" class="image"><div class="styles-module__image-container__E0mCm styles-module__cover__SgyOM styles-module__center_center__bzABO styles-module__apply-ratio__u0jXJ styles-module__transition__joucY" style="--aspect-ratio:1.5"></div><noscript><img src="https://www.reuters.com/resizer/v2/MYNFU72J5JJ45ALIKJP2AOXI3Q.jpg?auth=575bf4693b996cf352d4be682dc8f48bdcfe35a6c635aaf6837c55288e244b91&width=960&quality=80" width="5362" height="3575" alt="Federal Reserve Bank of Cleveland president Beth Hammack addresses The ECNY in New York" /></noscript></div><div data-testid="Media" class="media-story-card-module__media__a-Vic media-module__symbol__O-kyE media-module__corner__lBxSF"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 16 20" aria-hidden="true" focusable="false" role="presentation" aria-labelledby="react-aria-_R_irbr5a_"><path d="m15.499 9.173-14-9.022C1.2-.05.8-.05.5.15c-.3.1-.5.4-.5.802v18.045c0 .4.2.701.5.902.2.1.3.1.5.1s.4-.1.5-.2l14-9.023c.3-.201.5-.502.5-.802 0-.301-.2-.702-.5-.803l-.001.001ZM2 17.193V2.757L13.2 9.975 2 17.193Z"></path></svg></div></div></a></div><div class="media-story-card-module__body__nZjo1"><span data-testid="Label" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__light__ZYtNU text-module__extra_small__8Buss label-module__label__Sv2H2 label-module__kicker__jiI-y media-story-card-module__section__PyVDc"><a data-testid="Link" referrerPolicy="no-referrer-when-downgrade" href="/business/" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_on_hover__YTwYC">Business<span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">category</span></a></span><a data-testid="Heading" href="https://www.reuters.com/business/feds-hammack-tells-pbs-theres-still-time-weigh-next-monetary-policy-move-2026-10-02/" aria-label="Fed's Hammack tells PBS there's still time to weigh next monetary policy move, includes video" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS media-story-card-module__headline__ZWaRz">Fed's Hammack tells PBS there's still time to weigh next monetary policy move</a><div class="media-story-card-module__date-line__37fk5"><time data-testid="Label" dateTime="2026-10-02T23:22:12.889Z" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__regular__qJJtA text-module__extra_small__8Buss label-module__label__Sv2H2 label-module__small__0kHqa date">October 2, 2026</time></div></div></div></li><li class="story-collection-module__list-item__nvJUz story-collection-module__story__A3dpi story-collection-module__default__k3Xt2 story-collection-module__with-spacing__OhP-U" id="ED5T54KQ2JPPPESJBS6J5JW3VU" data-testid="one_hero_and_two_columns"><div data-testid="MediaStoryCard" class="media-story-card-module__hub__y3KsD story-card"><div class="media-story-card-module__placement-container__1ZSB1"><a href="https://www.reuters.com/world/asia-pacific/handful-g20-countries-reject-us-stance-excess-industrial-capacity-2026-10-02/" aria-hidden="true" tabindex="-1" referrerPolicy="no-referrer-when-downgrade"><div class="media-story-card-module__image-container__fJn9a"><div data-testid="Image" class="image"><div class="styles-module__image-container__E0mCm styles-module__cover__SgyOM styles-module__center_center__bzABO styles-module__apply-ratio__u0jXJ styles-module__transition__joucY" style="--aspect-ratio:1.5"></div><noscript><img src="https://www.reuters.com/resizer/v2/4W5L2BX2UFPPDM6BFU2F7KU5PE.jpg?auth=9b6af116e528240beade41fa9e2dcaebbc72ee3c353ad2f6faccf6279e7e8437&width=960&quality=80" width="4000" height="2667" alt="U.S. Trade Representative Jamieson Greer testifies on Capitol Hill" /></noscript></div></div></a></div><div class="media-story-card-module__body__nZjo1"><span data-testid="Label" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__light__ZYtNU text-module__extra_small__8Buss label-module__label__Sv2H2 label-module__kicker__jiI-y media-story-card-module__section__PyVDc"><a data-testid="Link" referrerPolicy="no-referrer-when-downgrade" href="/world/" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_on_hover__YTwYC">World<span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">category</span></a></span><a data-testid="Heading" href="https://www.reuters.com/world/asia-pacific/handful-g20-countries-reject-us-stance-excess-industrial-capacity-2026-10-02/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS media-story-card-module__headline__ZWaRz">'Handful' of G20 countries reject US stance on excess industrial capacity</a><div class="media-story-card-module__date-line__37fk5"><time data-testid="Label" dateTime="2026-10-02T22:57:59.257Z" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__regular__qJJtA text-module__extra_small__8Buss label-module__label__Sv2H2 label-module__small__0kHqa date">October 2, 2026</time></div></div></div></li><li class="story-collection-module__list-item__nvJUz story-collection-module__story__A3dpi story-collection-module__default__k3Xt2 story-collection-module__with-spacing__OhP-U" id="SYGDXJREBZILVNFZ7CNT5QNNQU" data-testid="one_hero_and_two_columns"><div data-testid="MediaStoryCard" class="media-story-card-module__hub__y3KsD story-card"><div class="media-story-card-module__placement-container__1ZSB1"><a href="https://www.reuters.com/business/retail-consumer/apple-says-it-will-flag-ai-requests-mac-data-after-metas-muse-draws-complaints-2026-10-02/" aria-hidden="true" tabindex="-1" referrerPolicy="no-referrer-when-downgrade"><div class="media-story-card-module__image-container__fJn9a"><div data-testid="Image" class="image"><div class="styles-module__image-container__E0mCm styles-module__cover__SgyOM styles-module__center_center__bzABO styles-module__apply-ratio__u0jXJ styles-module__transition__joucY" style="--aspect-ratio:1.5"></div><noscript><img src="https://www.reuters.com/resizer/v2/TYCCZ6CYZVLDXPAHZ5UJ7CDFXI.jpg?auth=7d7eb098d2048cfd5d5f5f8085dbcc67bec361c43f53c9227a8785937dc5250b&width=960&quality=80" width="4524" height="3016" alt="Apple's new entry-level Mac laptop, the MacBook Neo is on display during an event in New York City" /></noscript></div></div></a></div><div class="media-story-card-module__body__nZjo1"><span data-testid="Label" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__light__ZYtNU text-module__extra_small__8Buss label-module__label__Sv2H2 label-module__kicker__jiI-y media-story-card-module__section__PyVDc"><a data-testid="Link" referrerPolicy="no-referrer-when-downgrade" href="/business/retail-consumer/" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_on_hover__YTwYC">Retail & Consumer<span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">category</span></a></span><a data-testid="Heading" href="https://www.reuters.com/business/retail-consumer/apple-says-it-will-flag-ai-requests-mac-data-after-metas-muse-draws-complaints-2026-10-02/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6__-zrtS media-story-card-module__headline__ZWaRz">Apple says it will flag AI requests for Mac data after Meta's Muse draws complaints</a><div class="media-story-card-module__date-line__37fk5"><time data-testid="Label" dateTime="2026-10-02T22:42:52.594Z" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__regular__qJJtA text-module__extra_small__8Buss label-module__label__Sv2H2 label-module__small__0kHqa date">October 2, 2026</time></div></div></div></li></ul></div></div></div></div><div class="regular-article-layout-module__footer-container__7D010"><footer data-testid="SiteFooter" lang="en" dir="ltr"><section class="site-footer-module__quick-links__QjkVx"><h3 data-testid="SiteIndexHeading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_1__6y5jC heading-module__base__p-zaD heading-module__heading_1__gAjWp site-footer-module__visually-hidden__Kk9bX">Site Index</h3><div class="site-footer-module__content-container__ahMID"><div class="site-footer-module__latest-and-media__J7IXe site-footer-module__hidden-tablet-up__UAMlc"><section data-testid="LinkGroup" class="site-footer-module__link-group__Hxt4R"><h3 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__light__ZYtNU text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6_light__klgho link-group-module__label__mDGn2">Latest</h3><ul class="link-group-module__list__yrOzI link-group-module__vertical__vGvtx"><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Home</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/sitemap/authors/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Authors</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/sitemap/topics/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Topic Sitemap</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/archive/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Archive</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/sitemap/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Article Sitemap</span></a></li></ul></section><section data-testid="LinkGroup" class="site-footer-module__link-group__Hxt4R site-footer-module__media__nbmoh"><h3 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__light__ZYtNU text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6_light__klgho link-group-module__label__mDGn2">Media</h3><ul class="link-group-module__list__yrOzI link-group-module__vertical__vGvtx"><li class="link-group-module__item__Za3t6"><div data-testid="Media" class="link-group-module__symbol__vLvQd media-module__symbol__O-kyE media-module__none__3jUM3"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 16 11" aria-hidden="true" focusable="false" role="presentation" aria-labelledby="react-aria-_R_4q67la_"><path d="M15.6665,1.5665 C15.4665,1.433 15.2,1.5 15,1.633 L11.3335,4.233 L11.3335,2.1665 C11.3335,1.033 10.467,0.1665 9.3335,0.1665 L2,0.1665 C0.8665,0.1665 0,1.033 0,2.1665 L0,8.833 C0,9.9665 0.8665,10.833 2,10.833 L9.3335,10.833 C10.467,10.833 11.3335,9.9665 11.3335,8.833 L11.3335,6.7665 L14.9335,9.3665 C15.067,9.433 15.2,9.5 15.3335,9.5 C15.467,9.5 15.5335,9.5 15.667,9.4335 C15.867,9.3 16.0005,9.1 16.0005,8.8335 L16.0005,2.167 C16.0005,1.9005 15.867,1.7005 15.667,1.567 L15.6665,1.5665 Z M10,8.8335 C10,9.2335 9.7335,9.5 9.3335,9.5 L2,9.5 C1.6,9.5 1.3335,9.2335 1.3335,8.8335 L1.3335,2.167 C1.3335,1.767 1.6,1.5005 2,1.5005 L9.3335,1.5005 C9.7335,1.5005 10,1.767 10,2.167 L10,8.8335 Z M14.6665,7.5665 L11.8,5.5 L14.6665,3.4335 L14.6665,7.567 L14.6665,7.5665 Z"></path></svg></div><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="https://www.reuters.com/video/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Videos</span></a></li><li class="link-group-module__item__Za3t6"><div data-testid="Media" class="link-group-module__symbol__vLvQd media-module__symbol__O-kyE media-module__none__3jUM3"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 21 18" aria-hidden="true" focusable="false" role="presentation"><path d="M13.1256562,0 C13.3881562,0 13.6506562,0.17954776 13.825875,0.3597705 L15.3135937,2.69996625 L18.375,2.69996625 C19.8627187,2.69996625 21,3.8697266 21,5.3999325 L21,15.3000337 C21,16.8302396 19.8627187,18 18.375,18 L2.625,18 C1.13728125,18 0,16.8302396 0,15.3000337 L0,5.3999325 C0,3.8697266 1.13728125,2.69996625 2.625,2.69996625 L5.6877187,2.69996625 L7.1754375,0.3597705 C7.3506562,0.18022275 7.6131562,0 7.8756562,0 L13.1256562,0 Z M12.6013125,1.79952751 L8.3140312,1.79952751 L6.8263125,4.1397233 C6.6510937,4.319271 6.3885937,4.4994938 6.1260937,4.4994938 L2.6263125,4.4994938 C2.1013125,4.4994938 1.75153125,4.8592643 1.75153125,5.3992575 L1.75153125,15.2993588 C1.75153125,15.839352 2.1013125,16.1991225 2.6263125,16.1991225 L18.3763125,16.1991225 C18.9013125,16.1991225 19.2510937,15.839352 19.2510937,15.2993588 L19.2510937,5.3992575 C19.2510937,4.8592643 18.9013125,4.4994938 18.3763125,4.4994938 L14.8765312,4.4994938 C14.6140312,4.4994938 14.3515312,4.319946 14.0890312,4.1397233 L12.6013125,1.79952751 Z M10.5013125,5.3999325 C12.95175,5.3999325 14.8765312,7.3796828 14.8765312,9.9001012 C14.8765312,12.4205197 12.95175,14.40027 10.5013125,14.40027 C8.050875,14.40027 6.1260937,12.4205197 6.1260937,9.9001012 C6.1260937,7.3796828 8.0515312,5.3999325 10.5013125,5.3999325 Z M10.5013125,7.19946 C9.0135937,7.19946 7.8763125,8.3692204 7.8763125,9.8994263 C7.8763125,11.4296321 9.0135937,12.5993925 10.5013125,12.5993925 C11.9890312,12.5993925 13.1263125,11.4296321 13.1263125,9.8994263 C13.1263125,8.3692204 11.9890312,7.19946 10.5013125,7.19946 Z"></path></svg></div><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="https://www.reuters.com/pictures/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Pictures</span></a></li><li class="link-group-module__item__Za3t6"><div data-testid="Media" class="link-group-module__symbol__vLvQd media-module__symbol__O-kyE media-module__none__3jUM3"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 16 16" aria-hidden="true" focusable="false" role="presentation" aria-labelledby="react-aria-_R_5q67la_"><path d="M14.386.95c.483.049.907.266 1.213.632v-.01c.296.366.434.811.394 1.276l-.956 9.82c-.079.78-.67 1.394-1.45 1.532v.06c0 .959-.798 1.74-1.774 1.74H1.775C.799 16 0 15.219 0 14.26V4.4c0-.959.799-1.74 1.775-1.74h.582l.108-1.088C2.544.672 3.323 0 4.23 0h.168l9.988.95ZM9.357 8.9l-.039.04v-.01l-5.926 5.745h8.44c.227 0 .414-.148.444-.366v-2.75L9.545 8.9a.208.208 0 0 0-.188 0Zm2.91.84V4.4h-.01a.427.427 0 0 0-.375-.425H1.775a.445.445 0 0 0-.444.366v9.928c0 .159.089.297.227.376L8.39 8.02a1.515 1.515 0 0 1 2.002-.09l.108.09 1.765 1.72Zm-8.57-7.08h8.116c.976 0 1.774.781 1.774 1.74v8.406a.363.363 0 0 0 .119-.188l.02-.07.956-9.809a.432.432 0 0 0-.335-.465l-.07-.02-9.988-.939a.44.44 0 0 0-.473.327l-.02.069-.098.95ZM2.515 6.863c0-.96.8-1.74 1.775-1.74.976 0 1.775.78 1.775 1.74 0 .959-.799 1.74-1.775 1.74-.976 0-1.775-.781-1.775-1.74Zm1.775.435a.44.44 0 0 0 .444-.435.44.44 0 0 0-.444-.435.44.44 0 0 0-.443.435.44.44 0 0 0 .443.435Z"></path></svg></div><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="https://www.reuters.com/graphics/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Graphics</span></a></li><li class="link-group-module__item__Za3t6"><div data-testid="Media" class="link-group-module__symbol__vLvQd media-module__symbol__O-kyE media-module__none__3jUM3"><svg viewBox="0 0 21 21" fill="none" xmlns="http://www.w3.org/2000/svg" aria-hidden="true" focusable="false" role="presentation"><path fill-rule="evenodd" clip-rule="evenodd" d="M4.52695 8.72305C4.52695 5.42421 7.20119 2.74998 10.5 2.74998C13.7989 2.74998 16.4731 5.42421 16.4731 8.72305V11.7234H15.9615C15.4093 11.7234 14.9615 12.1711 14.9615 12.7234V19.6465C14.9615 20.1987 15.4093 20.6465 15.9615 20.6465H18.3C19.515 20.6465 20.5 19.6615 20.5 18.4465V13.9234C20.5 12.7328 19.5543 11.7631 18.3731 11.7246V8.72305C18.3731 4.37487 14.8482 0.849976 10.5 0.849976C6.15185 0.849976 2.62695 4.37487 2.62695 8.72305V11.7246C1.44574 11.7631 0.5 12.7328 0.5 13.9234V18.4465C0.5 19.6615 1.48497 20.6465 2.7 20.6465H5.03846C5.59075 20.6465 6.03846 20.1987 6.03846 19.6465V12.7234C6.03846 12.1711 5.59075 11.7234 5.03846 11.7234H4.52695V8.72305Z"></path></svg></div><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="https://www.reuters.com/podcasts/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Podcasts</span></a></li></ul></section></div><section data-testid="LinkGroup" class="site-footer-module__link-group__Hxt4R site-footer-module__hidden-mobile__5cjU9"><h3 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__light__ZYtNU text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6_light__klgho link-group-module__label__mDGn2">Latest</h3><ul class="link-group-module__list__yrOzI link-group-module__vertical__vGvtx"><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Home</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/sitemap/authors/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Authors</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/sitemap/topics/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Topic Sitemap</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/archive/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Archive</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/sitemap/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Article Sitemap</span></a></li></ul></section><section data-testid="LinkGroup" class="site-footer-module__link-group__Hxt4R"><h3 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__light__ZYtNU text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6_light__klgho link-group-module__label__mDGn2">Browse</h3><ul class="link-group-module__list__yrOzI link-group-module__vertical__vGvtx"><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/world/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">World</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/business/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Business</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/markets/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Markets</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/sustainability/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Sustainability</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/legal/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Legal</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/breakingviews/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Breakingviews</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/technology/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Technology</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/investigations/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Investigations</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/sports/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Sports</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/science/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Science</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/lifestyle/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Lifestyle</span></a></li></ul></section><section data-testid="LinkGroup" class="site-footer-module__link-group__Hxt4R site-footer-module__hidden-mobile__5cjU9"><h3 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__light__ZYtNU text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6_light__klgho link-group-module__label__mDGn2">Media</h3><ul class="link-group-module__list__yrOzI link-group-module__vertical__vGvtx"><li class="link-group-module__item__Za3t6"><div data-testid="Media" class="link-group-module__symbol__vLvQd media-module__symbol__O-kyE media-module__none__3jUM3"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 16 11" aria-hidden="true" focusable="false" role="presentation" aria-labelledby="react-aria-_R_16i7la_"><path d="M15.6665,1.5665 C15.4665,1.433 15.2,1.5 15,1.633 L11.3335,4.233 L11.3335,2.1665 C11.3335,1.033 10.467,0.1665 9.3335,0.1665 L2,0.1665 C0.8665,0.1665 0,1.033 0,2.1665 L0,8.833 C0,9.9665 0.8665,10.833 2,10.833 L9.3335,10.833 C10.467,10.833 11.3335,9.9665 11.3335,8.833 L11.3335,6.7665 L14.9335,9.3665 C15.067,9.433 15.2,9.5 15.3335,9.5 C15.467,9.5 15.5335,9.5 15.667,9.4335 C15.867,9.3 16.0005,9.1 16.0005,8.8335 L16.0005,2.167 C16.0005,1.9005 15.867,1.7005 15.667,1.567 L15.6665,1.5665 Z M10,8.8335 C10,9.2335 9.7335,9.5 9.3335,9.5 L2,9.5 C1.6,9.5 1.3335,9.2335 1.3335,8.8335 L1.3335,2.167 C1.3335,1.767 1.6,1.5005 2,1.5005 L9.3335,1.5005 C9.7335,1.5005 10,1.767 10,2.167 L10,8.8335 Z M14.6665,7.5665 L11.8,5.5 L14.6665,3.4335 L14.6665,7.567 L14.6665,7.5665 Z"></path></svg></div><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="https://www.reuters.com/video/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Videos</span></a></li><li class="link-group-module__item__Za3t6"><div data-testid="Media" class="link-group-module__symbol__vLvQd media-module__symbol__O-kyE media-module__none__3jUM3"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 21 18" aria-hidden="true" focusable="false" role="presentation"><path d="M13.1256562,0 C13.3881562,0 13.6506562,0.17954776 13.825875,0.3597705 L15.3135937,2.69996625 L18.375,2.69996625 C19.8627187,2.69996625 21,3.8697266 21,5.3999325 L21,15.3000337 C21,16.8302396 19.8627187,18 18.375,18 L2.625,18 C1.13728125,18 0,16.8302396 0,15.3000337 L0,5.3999325 C0,3.8697266 1.13728125,2.69996625 2.625,2.69996625 L5.6877187,2.69996625 L7.1754375,0.3597705 C7.3506562,0.18022275 7.6131562,0 7.8756562,0 L13.1256562,0 Z M12.6013125,1.79952751 L8.3140312,1.79952751 L6.8263125,4.1397233 C6.6510937,4.319271 6.3885937,4.4994938 6.1260937,4.4994938 L2.6263125,4.4994938 C2.1013125,4.4994938 1.75153125,4.8592643 1.75153125,5.3992575 L1.75153125,15.2993588 C1.75153125,15.839352 2.1013125,16.1991225 2.6263125,16.1991225 L18.3763125,16.1991225 C18.9013125,16.1991225 19.2510937,15.839352 19.2510937,15.2993588 L19.2510937,5.3992575 C19.2510937,4.8592643 18.9013125,4.4994938 18.3763125,4.4994938 L14.8765312,4.4994938 C14.6140312,4.4994938 14.3515312,4.319946 14.0890312,4.1397233 L12.6013125,1.79952751 Z M10.5013125,5.3999325 C12.95175,5.3999325 14.8765312,7.3796828 14.8765312,9.9001012 C14.8765312,12.4205197 12.95175,14.40027 10.5013125,14.40027 C8.050875,14.40027 6.1260937,12.4205197 6.1260937,9.9001012 C6.1260937,7.3796828 8.0515312,5.3999325 10.5013125,5.3999325 Z M10.5013125,7.19946 C9.0135937,7.19946 7.8763125,8.3692204 7.8763125,9.8994263 C7.8763125,11.4296321 9.0135937,12.5993925 10.5013125,12.5993925 C11.9890312,12.5993925 13.1263125,11.4296321 13.1263125,9.8994263 C13.1263125,8.3692204 11.9890312,7.19946 10.5013125,7.19946 Z"></path></svg></div><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="https://www.reuters.com/pictures/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Pictures</span></a></li><li class="link-group-module__item__Za3t6"><div data-testid="Media" class="link-group-module__symbol__vLvQd media-module__symbol__O-kyE media-module__none__3jUM3"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 16 16" aria-hidden="true" focusable="false" role="presentation" aria-labelledby="react-aria-_R_1ei7la_"><path d="M14.386.95c.483.049.907.266 1.213.632v-.01c.296.366.434.811.394 1.276l-.956 9.82c-.079.78-.67 1.394-1.45 1.532v.06c0 .959-.798 1.74-1.774 1.74H1.775C.799 16 0 15.219 0 14.26V4.4c0-.959.799-1.74 1.775-1.74h.582l.108-1.088C2.544.672 3.323 0 4.23 0h.168l9.988.95ZM9.357 8.9l-.039.04v-.01l-5.926 5.745h8.44c.227 0 .414-.148.444-.366v-2.75L9.545 8.9a.208.208 0 0 0-.188 0Zm2.91.84V4.4h-.01a.427.427 0 0 0-.375-.425H1.775a.445.445 0 0 0-.444.366v9.928c0 .159.089.297.227.376L8.39 8.02a1.515 1.515 0 0 1 2.002-.09l.108.09 1.765 1.72Zm-8.57-7.08h8.116c.976 0 1.774.781 1.774 1.74v8.406a.363.363 0 0 0 .119-.188l.02-.07.956-9.809a.432.432 0 0 0-.335-.465l-.07-.02-9.988-.939a.44.44 0 0 0-.473.327l-.02.069-.098.95ZM2.515 6.863c0-.96.8-1.74 1.775-1.74.976 0 1.775.78 1.775 1.74 0 .959-.799 1.74-1.775 1.74-.976 0-1.775-.781-1.775-1.74Zm1.775.435a.44.44 0 0 0 .444-.435.44.44 0 0 0-.444-.435.44.44 0 0 0-.443.435.44.44 0 0 0 .443.435Z"></path></svg></div><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="https://www.reuters.com/graphics/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Graphics</span></a></li><li class="link-group-module__item__Za3t6"><div data-testid="Media" class="link-group-module__symbol__vLvQd media-module__symbol__O-kyE media-module__none__3jUM3"><svg viewBox="0 0 21 21" fill="none" xmlns="http://www.w3.org/2000/svg" aria-hidden="true" focusable="false" role="presentation"><path fill-rule="evenodd" clip-rule="evenodd" d="M4.52695 8.72305C4.52695 5.42421 7.20119 2.74998 10.5 2.74998C13.7989 2.74998 16.4731 5.42421 16.4731 8.72305V11.7234H15.9615C15.4093 11.7234 14.9615 12.1711 14.9615 12.7234V19.6465C14.9615 20.1987 15.4093 20.6465 15.9615 20.6465H18.3C19.515 20.6465 20.5 19.6615 20.5 18.4465V13.9234C20.5 12.7328 19.5543 11.7631 18.3731 11.7246V8.72305C18.3731 4.37487 14.8482 0.849976 10.5 0.849976C6.15185 0.849976 2.62695 4.37487 2.62695 8.72305V11.7246C1.44574 11.7631 0.5 12.7328 0.5 13.9234V18.4465C0.5 19.6615 1.48497 20.6465 2.7 20.6465H5.03846C5.59075 20.6465 6.03846 20.1987 6.03846 19.6465V12.7234C6.03846 12.1711 5.59075 11.7234 5.03846 11.7234H4.52695V8.72305Z"></path></svg></div><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="https://www.reuters.com/podcasts/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Podcasts</span></a></li></ul></section><div class="site-footer-module__about-and-stay-informed__JeYTS"><section data-testid="LinkGroup" class="about"><h3 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__light__ZYtNU text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6_light__klgho link-group-module__label__mDGn2">About Reuters</h3><ul class="link-group-module__list__yrOzI link-group-module__vertical__vGvtx"><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://reutersagency.com/about/" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">About Reuters</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="/media-center/" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Media Center</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://www.reutersprofessional.com/advertise-with-us/p/1" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Advertise with Us</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://www.thomsonreuters.com/en/careers" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Careers</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://reutersagency.com/?utm_source=website&utm_medium=reuters&utm_campaign=site-referral&utm_content=us&utm_term=0" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Reuters News Agency</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://reutersagency.com/brand-attribution-guidelines/" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Brand Attribution Guidelines</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="/info-pages/reuters-and-ai/" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Reuters and AI</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://reutersagency.com/about/leadership-team/" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Reuters Leadership</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/fact-check/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Reuters Fact Check</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://www.reuters.com/graphics/DIVERSITY-REPORT/2024/xmpjbgdrapr/" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Reuters Diversity Report</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://www.reuters.com/info-pages/commercial-disclosure/" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Commercial Disclosure (Japan)</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li></ul></section><section data-testid="LinkGroup" class="site-footer-module__stay-informed__3KQuP"><h3 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__light__ZYtNU text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6_light__klgho link-group-module__label__mDGn2">Stay Informed</h3><ul class="link-group-module__list__yrOzI link-group-module__vertical__vGvtx"><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://apps.apple.com/app/reuters-news/id602660809" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Download the App (iOS)</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://play.google.com/store/apps/details?id=com.thomsonreuters.reuters" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Download the App (Android)</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="https://www.reuters.com/newsletters/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Newsletters</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/subscribe/offer/?journeyStart=Footer" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__heading_6__u1KdJ">Subscribe</span></a></li></ul></section></div></div></section><section class="site-footer-module__company__aTOCK"><div class="site-footer-module__content-container__ahMID"><div class="site-footer-module__company-info__u2YjM"><h3 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__light__ZYtNU text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6_light__klgho site-footer-module__label__V-VsH">Information you can trust</h3><p data-testid="Body" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__extra_small__8Buss body-module__base__o--Cl body-module__extra_small_body__Bfz20">Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.</p></div><div class="site-footer-module__social__DUXtl"><h3 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__light__ZYtNU text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6_light__klgho site-footer-module__label__V-VsH">Follow Us</h3><div data-testid="SocialIcon"><ul class="social-links-module__container__u-Ga0 social-links-module__condensed__eEJwK social-links-module__wrap-links__Zxr2b" aria-label="Social media links"><li class="item"><a aria-label="Visit Reuters on X" target="_blank" href="https://x.com/reuters" class="button-module__link__A3sD0 button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F" data-testid="Social"><span class="button-module__container__7hKTY"><div class="social-module__container__gCKQP"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 30 30" aria-labelledby="TwitterIconId" role="presentation" class="social-module__symbol__FX9eO" focusable="false" aria-hidden="true"><title id="TwitterIconId">X</title><path d="M17.923 14.387 25.569 5.5h-1.812l-6.64 7.717L11.817 5.5H5.7l8.018 11.67L5.7 26.49h1.812l7.01-8.15 5.6 8.15h6.116l-8.316-12.102Zm-2.482 2.885-.812-1.162-6.464-9.246h2.783l5.216 7.462.813 1.162 6.78 9.7h-2.782l-5.534-7.915Z"></path></svg></div></span></a></li><li class="item"><a aria-label="Visit Reuters on facebook" target="_blank" href="https://www.facebook.com/Reuters" class="button-module__link__A3sD0 button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F" data-testid="Social"><span class="button-module__container__7hKTY"><div class="social-module__container__gCKQP"><svg xmlns="http://www.w3.org/2000/svg" viewBox="6 6 20 20" aria-labelledby="FacebookIconId" role="presentation" class="social-module__symbol__FX9eO" focusable="false" aria-hidden="true"><title id="FacebookIconId">Facebook</title><path d="M16 6.04001C10.5 6.04001 6 10.53 6 16.06C6 21.06 9.66 25.21 14.44 25.96V18.96H11.9V16.06H14.44V13.85C14.44 11.34 15.93 9.96001 18.22 9.96001C19.31 9.96001 20.45 10.15 20.45 10.15V12.62H19.19C17.95 12.62 17.56 13.39 17.56 14.18V16.06H20.34L19.89 18.96H17.56V25.96C19.9164 25.5879 22.0622 24.3855 23.6099 22.5701C25.1576 20.7546 26.0054 18.4457 26 16.06C26 10.53 21.5 6.04001 16 6.04001Z"></path></svg></div></span></a></li><li class="item"><a aria-label="Visit Reuters on instagram" target="_blank" href="https://www.instagram.com/Reuters" class="button-module__link__A3sD0 button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F" data-testid="Social"><span class="button-module__container__7hKTY"><div class="social-module__container__gCKQP"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 16 16" aria-labelledby="InstagramIconId" role="presentation" class="social-module__symbol__FX9eO" focusable="false" aria-hidden="true"><title id="InstagramIconId">Instagram</title><path d="M8,1.4405 C10.1375,1.4405 10.3905,1.45 11.231,1.4875 C12.0125,1.522 12.434,1.653 12.7155,1.7625 C13.0875,1.9065 13.356,2.0815 13.634,2.3595 C13.9155,2.641 14.087,2.9065 14.234,3.2785 C14.3435,3.56 14.4745,3.9845 14.509,4.763 C14.5465,5.607 14.556,5.86 14.556,7.9945 C14.556,10.129 14.5465,10.385 14.509,11.226 C14.4745,12.0075 14.3435,12.429 14.234,12.7105 C14.09,13.0825 13.9155,13.351 13.637,13.629 C13.3555,13.9105 13.09,14.082 12.7185,14.229 C12.437,14.3385 12.012,14.4695 11.234,14.504 C10.39,14.5415 10.137,14.551 8.0025,14.551 C5.868,14.551 5.612,14.5415 4.771,14.504 C3.9895,14.4695 3.568,14.3385 3.2865,14.229 C2.9145,14.085 2.646,13.9105 2.3675,13.632 C2.086,13.3505 1.9145,13.085 1.7675,12.7135 C1.658,12.432 1.527,12.007 1.4925,11.229 C1.455,10.385 1.4455,10.132 1.4455,7.9975 C1.4455,5.863 1.455,5.607 1.4925,4.766 C1.527,3.9845 1.658,3.563 1.7675,3.2815 C1.9115,2.9095 2.0865,2.641 2.3645,2.3625 C2.646,2.081 2.9115,1.9095 3.2835,1.7625 C3.565,1.653 3.9895,1.522 4.768,1.4875 C5.6085,1.45 5.862,1.4405 7.9995,1.4405 L8,1.4405 Z M8,4.4408921e-16 C5.828,4.4408921e-16 5.5565,0.0095 4.703,0.047 C3.853,0.0845 3.2685,0.222 2.7625,0.419 C2.2345,0.625 1.7875,0.897 1.344,1.344 C0.897,1.788 0.625,2.2345 0.419,2.7595 C0.222,3.269 0.0845,3.85 0.047,4.7 C0.0095,5.5565 0,5.828 0,8 C0,10.172 0.0095,10.4435 0.047,11.297 C0.0845,12.147 0.222,12.7315 0.419,13.2375 C0.6255,13.7655 0.897,14.2125 1.344,14.656 C1.7875,15.0995 2.2345,15.375 2.7595,15.578 C3.269,15.775 3.85,15.9125 4.7,15.95 C5.553,15.9875 5.825,15.997 7.997,15.997 C10.169,15.997 10.441,15.9875 11.294,15.95 C12.144,15.9125 12.7285,15.775 13.2345,15.578 C13.7595,15.375 14.2065,15.1 14.65,14.656 C15.0935,14.212 15.369,13.7655 15.572,13.2405 C15.769,12.731 15.9065,12.15 15.944,11.3 C15.9815,10.447 15.991,10.175 15.991,8.003 C15.991,5.831 15.9815,5.5595 15.944,4.706 C15.9065,3.856 15.769,3.2715 15.572,2.7655 C15.375,2.234 15.103,1.7875 14.6565,1.3435 C14.213,0.9 13.766,0.6245 13.241,0.4215 C12.7315,0.2245 12.1505,0.087 11.3005,0.0495 C10.4445,0.009 10.1725,-0.0005 8.0005,-0.0005 L8,4.4408921e-16 Z"></path><path d="M8,3.8905 C5.7315,3.8905 3.8905,5.731 3.8905,8 C3.8905,10.269 5.731,12.1095 8,12.1095 C10.269,12.1095 12.1095,10.269 12.1095,8 C12.1095,5.7315 10.269,3.8905 8,3.8905 Z M8,10.6655 C6.528,10.6655 5.3345,9.472 5.3345,8 C5.3345,6.528 6.528,5.3345 8,5.3345 C9.472,5.3345 10.6655,6.528 10.6655,8 C10.6655,9.472 9.472,10.6655 8,10.6655 Z M13.231,3.728 C13.231,4.258 12.8015,4.6875 12.2715,4.6875 C11.7415,4.6875 11.312,4.258 11.312,3.728 C11.312,3.198 11.7415,2.7685 12.2715,2.7685 C12.8015,2.7685 13.231,3.198 13.231,3.728 Z"></path></svg></div></span></a></li><li class="item"><a aria-label="Visit Reuters on youtube" target="_blank" href="https://www.youtube.com/user/ReutersVideo" class="button-module__link__A3sD0 button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F" data-testid="Social"><span class="button-module__container__7hKTY"><div class="social-module__container__gCKQP"><svg viewBox="0 0 21 17" xmlns="http://www.w3.org/2000/svg" aria-labelledby="YoutubeIconId" role="presentation" class="social-module__symbol__FX9eO" focusable="false" aria-hidden="true"><title id="YoutubeIconId">Youtube</title><path d="M18.375 0H2.625A2.617 2.617 0 0 0 0 2.609V14.39A2.617 2.617 0 0 0 2.625 17h15.75A2.617 2.617 0 0 0 21 14.391V2.61A2.617 2.617 0 0 0 18.375 0Zm-10.5 13.044V4.348l7 4.348-7 4.348Z"></path></svg></div></span></a></li><li class="item"><a aria-label="Visit Reuters on linkedin" target="_blank" href="https://www.linkedin.com/company/10256858/" class="button-module__link__A3sD0 button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F" data-testid="Social"><span class="button-module__container__7hKTY"><div class="social-module__container__gCKQP"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 21 21" aria-labelledby="LinkedinIconId" role="presentation" class="social-module__symbol__FX9eO" focusable="false" aria-hidden="true"><title id="LinkedinIconId">Linkedin</title><path d="M19.031 0c1.034 0 1.888.807 1.964 1.822L21 1.97V19.03a1.975 1.975 0 0 1-1.822 1.964L19.03 21H1.97a1.975 1.975 0 0 1-1.964-1.822L0 19.03V1.97C0 .935.807.08 1.822.005L1.97 0H19.03ZM6.3 7.875H3.15v10.063H6.3V7.874Zm7.875-.175c-1.575 0-2.538.788-2.975 1.575v-1.4H8.225v10.063h3.15V12.95c0-1.313.175-2.537 1.838-2.537 1.575 0 1.575 1.487 1.575 2.624v4.9h3.15v-5.425c0-2.712-.613-4.812-3.763-4.812ZM4.637 2.8c-1.05 0-1.837.875-1.837 1.838 0 1.05.875 1.837 1.838 1.837 1.05 0 1.837-.787 1.837-1.837 0-1.05-.875-1.838-1.837-1.838Z"></path></svg></div></span></a></li><li class="item"><a aria-label="Visit Reuters on whatsapp" target="_blank" href="https://www.whatsapp.com/channel/0029Va993qu5q08m6Tl6jP0U" class="button-module__link__A3sD0 button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F" data-testid="Social"><span class="button-module__container__7hKTY"><div class="social-module__container__gCKQP"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 22 22" aria-labelledby="WhatsAppIconId" role="presentation" class="social-module__symbol__FX9eO" focusable="false" aria-hidden="true"><title id="WhatsAppIconId">WhatsApp</title><path d="M18.0913 3.77731C16.1909 1.87003 13.6633 0.819144 10.9702 0.818176C5.42087 0.818176 0.904522 5.34445 0.902591 10.9081C0.901626 12.6866 1.36552 14.4226 2.24649 15.9525L0.818115 21.1818L6.15509 19.7787C7.62545 20.5828 9.28118 21.0062 10.9659 21.0067H10.9702C16.5186 21.0067 21.0355 16.4799 21.0374 10.9163C21.0384 8.21991 19.9923 5.68507 18.0913 3.77779V3.77731ZM10.9702 19.3026H10.9669C9.46557 19.3022 7.99282 18.8976 6.70783 18.1337L6.40225 17.9518L3.23511 18.7844L4.08035 15.6893L3.88147 15.3719C3.04394 14.0366 2.60129 12.4931 2.60225 10.9086C2.60419 6.28455 6.35783 2.52224 10.9736 2.52224C13.2086 2.52321 15.3095 3.39653 16.8894 4.98206C18.4693 6.56711 19.3387 8.67471 19.3378 10.9153C19.3358 15.5398 15.5822 19.3022 10.9702 19.3022V19.3026ZM15.5599 13.0215C15.3084 12.8952 14.0717 12.2855 13.841 12.2014C13.6102 12.1172 13.4428 12.0751 13.2752 12.3276C13.1077 12.5802 12.6255 13.1482 12.4788 13.3161C12.332 13.4845 12.1852 13.5053 11.9337 13.379C11.6823 13.2527 10.8718 12.9866 9.91068 12.1278C9.16295 11.4591 8.65798 10.6337 8.51128 10.3812C8.36452 10.1286 8.49583 9.99216 8.6213 9.86685C8.73425 9.75364 8.87281 9.5722 8.99879 9.42511C9.12482 9.27801 9.16632 9.17257 9.25029 9.00465C9.33431 8.83627 9.2923 8.68923 9.22957 8.56291C9.16677 8.43664 8.66382 7.19558 8.45382 6.69096C8.2496 6.19939 8.04208 6.26616 7.88807 6.25794C7.74131 6.25067 7.57383 6.24923 7.40584 6.24923C7.23785 6.24923 6.96557 6.31212 6.73484 6.56469C6.50412 6.81722 5.85435 7.42734 5.85435 8.66789C5.85435 9.90845 6.75562 11.1079 6.8816 11.2763C7.00758 11.4447 8.65556 13.9911 11.1788 15.0836C11.7788 15.3434 12.2475 15.4987 12.6129 15.6148C13.2154 15.8069 13.7637 15.7798 14.1972 15.715C14.6805 15.6424 15.6855 15.1049 15.895 14.516C16.1045 13.9272 16.1045 13.4221 16.0417 13.3171C15.979 13.2121 15.811 13.1487 15.5595 13.0224L15.5599 13.0215Z"></path></svg></div></span></a></li></ul></div></div></div></section><section class="site-footer-module__product__ZdM-7"><div class="site-footer-module__content-container__ahMID"><div data-testid="ProductCards" class="site-footer-module__product-cards__0ACfC"><div class="product-cards-module__container__Z3vet"><div class="product-cards-module__product-container__nByo3"><div class="product-cards-module__list-container__TwtqZ"><h3 data-testid="Heading" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__light__ZYtNU text-module__heading_6__u1KdJ heading-module__base__p-zaD heading-module__heading_6_light__klgho product-cards-module__label__9K99u">LSEG Products</h3><ul class="product-cards-module__list__5r2DQ"><li class="product-cards-module__card__VDQ4w"><div class="product-cards-module__inner__seoeG"><h4 data-testid="ProductCardItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW heading-module__base__p-zaD inherit"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href=" https://www.lseg.com/en/data-analytics/products/workspace?utm_source=reuters.com&utm_medium=footer&utm_campaign=Reuters_ProductPage_Links" rel="noopener" class="text-module__text__0GDob text-module__black__y9ZH7 text-module__medium__2Rl30 text-module__small__sph8i link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 product-cards-module__name__66WpJ"><span><span class="link-module__suffix__ObiNY"> Workspace</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7 link-module__move-left__CCZH6"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></span></a></h4><p data-testid="Body" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__extra_small__8Buss body-module__base__o--Cl body-module__extra_small_body__Bfz20">Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.</p></div></li><li class="product-cards-module__card__VDQ4w"><div class="product-cards-module__inner__seoeG"><h4 data-testid="ProductCardItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW heading-module__base__p-zaD inherit"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href=" https://www.lseg.com/en/data-analytics/financial-data/?utm_source=reuters.com&utm_medium=footer&utm_campaign=Reuters_DataCatalogPage_Links" rel="noopener" class="text-module__text__0GDob text-module__black__y9ZH7 text-module__medium__2Rl30 text-module__small__sph8i link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 product-cards-module__name__66WpJ">Data<span><span class="link-module__suffix__ObiNY"> Catalogue</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7 link-module__move-left__CCZH6"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></span></a></h4><p data-testid="Body" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__extra_small__8Buss body-module__base__o--Cl body-module__extra_small_body__Bfz20"> Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.</p></div></li><li class="product-cards-module__card__VDQ4w"><div class="product-cards-module__inner__seoeG"><h4 data-testid="ProductCardItem" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW heading-module__base__p-zaD inherit"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://www.lseg.com/en/risk-intelligence/screening-solutions/world-check-kyc-screening?utm_source=reuters.com&utm_medium=footer&utm_campaign=Reuters_ProductPage_Links" rel="noopener" class="text-module__text__0GDob text-module__black__y9ZH7 text-module__medium__2Rl30 text-module__small__sph8i link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 product-cards-module__name__66WpJ"><span><span class="link-module__suffix__ObiNY"> World-Check</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7 link-module__move-left__CCZH6"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></span></a></h4><p data-testid="Body" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__extra_small__8Buss body-module__base__o--Cl body-module__extra_small_body__Bfz20">Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.</p></div></li></ul></div></div></div></div></div></section><section class="site-footer-module__legal__3bv5R"><div class="site-footer-module__content-container__ahMID"><section data-testid="LinkGroup" class="site-footer-module__ad-links__bkjb1"><ul class="link-group-module__list__yrOzI link-group-module__horizontal__49kD3"><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://www.reutersprofessional.com/advertising-solutions/p/1" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__black__y9ZH7 text-module__bold__chuBM text-module__extra_small__8Buss">Advertise With Us</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/info-pages/advertising-guidelines/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__black__y9ZH7 text-module__bold__chuBM text-module__extra_small__8Buss">Advertising Guidelines</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://www.reutersagency.com/en/licensereuterscontent/?utm_medium=rcom-footer&utm_campaign=rcom-rcp-lead" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__black__y9ZH7 text-module__bold__chuBM text-module__extra_small__8Buss">Purchase Licensing Rights</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li></ul></section><div class="site-footer-module__misc-links__roECj site-footer-module__hidden-tablet-down__1EKEg"><section data-testid="LinkGroup" class="site-footer-module__misc-links__roECj"><ul class="link-group-module__list__yrOzI link-group-module__horizontal__49kD3 link-group-module__align-end__lzSxt"><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://www.thomsonreuters.com/en/privacy-statement.html#cookies" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__black__y9ZH7 text-module__bold__chuBM text-module__extra_small__8Buss">Cookies</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/info-pages/terms-of-use/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__black__y9ZH7 text-module__bold__chuBM text-module__extra_small__8Buss">Terms & Conditions</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://www.thomsonreuters.com/en/privacy-statement.html" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__black__y9ZH7 text-module__bold__chuBM text-module__extra_small__8Buss">Privacy</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://www.thomsonreuters.com/en/policies/copyright" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__black__y9ZH7 text-module__bold__chuBM text-module__extra_small__8Buss">Copyright</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://www.thomsonreuters.com/en/policies/digital-accessibility-policy.html" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__black__y9ZH7 text-module__bold__chuBM text-module__extra_small__8Buss">Digital Accessibility</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/info-pages/contact-us/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__black__y9ZH7 text-module__bold__chuBM text-module__extra_small__8Buss">Corrections</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="/info-pages/data-disclosure-and-sources/" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__black__y9ZH7 text-module__bold__chuBM text-module__extra_small__8Buss">Data Disclosure and Sources</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://trdigital.iad1.qualtrics.com/jfe/form/SV_8kte8gArGyCGVhz" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__black__y9ZH7 text-module__bold__chuBM text-module__extra_small__8Buss">Site Feedback</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li></ul></section></div><p data-testid="DisclaimerLink" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__extra_small__8Buss body-module__base__o--Cl body-module__extra_small_body__Bfz20 site-footer-module__disclaimer__6ccwB">All quotes delayed a minimum of 15 minutes. <a data-testid="Link" referrerPolicy="no-referrer-when-downgrade" href="https://www.reuters.com/info-pages/disclaimer/" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_on_hover__YTwYC">See here for a list of exchanges and delays.</a></p><div class="site-footer-module__misc-links__roECj site-footer-module__hidden-desktop__ZySLY"><section data-testid="LinkGroup" class="site-footer-module__misc-links__roECj"><ul class="link-group-module__list__yrOzI link-group-module__horizontal__49kD3 link-group-module__align-end__lzSxt"><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://www.thomsonreuters.com/en/privacy-statement.html#cookies" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__black__y9ZH7 text-module__bold__chuBM text-module__extra_small__8Buss">Cookies</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/info-pages/terms-of-use/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__black__y9ZH7 text-module__bold__chuBM text-module__extra_small__8Buss">Terms & Conditions</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://www.thomsonreuters.com/en/privacy-statement.html" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__black__y9ZH7 text-module__bold__chuBM text-module__extra_small__8Buss">Privacy</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://www.thomsonreuters.com/en/policies/copyright" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__black__y9ZH7 text-module__bold__chuBM text-module__extra_small__8Buss">Copyright</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://www.thomsonreuters.com/en/policies/digital-accessibility-policy.html" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__black__y9ZH7 text-module__bold__chuBM text-module__extra_small__8Buss">Digital Accessibility</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_self" referrerPolicy="no-referrer-when-downgrade" href="/info-pages/contact-us/" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__black__y9ZH7 text-module__bold__chuBM text-module__extra_small__8Buss">Corrections</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="/info-pages/data-disclosure-and-sources/" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__black__y9ZH7 text-module__bold__chuBM text-module__extra_small__8Buss">Data Disclosure and Sources</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li><li class="link-group-module__item__Za3t6"><a data-testid="Link" target="_blank" referrerPolicy="no-referrer-when-downgrade" href="https://trdigital.iad1.qualtrics.com/jfe/form/SV_8kte8gArGyCGVhz" rel="noopener" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__default__R2Ckt link-module__link__INqxZ link-module__underline_on_hover__YTwYC link-module__with-icon__qlg76 link-group-module__link__BcHeN"><span data-testid="LinkGroupItem" class="text-module__text__0GDob text-module__black__y9ZH7 text-module__bold__chuBM text-module__extra_small__8Buss">Site Feedback</span><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" aria-hidden="true" focusable="false" role="presentation" data-testid="NewTabSymbol" class="link-module__new-tab-symbol__d53s7"><path fill="currentColor" d="M15 6c.6 0 1 .4 1 1s-.4 1-1 1H9c-.6 0-1 .4-1 1v14a1.1 1.1 0 0 0 .2.6c.1.2.4.4.8.4h14c.6 0 1-.4 1-1v-6c0-.6.4-1 1-1s1 .4 1 1v6a3 3 0 0 1-3 3H9a3 3 0 0 1-2.2-.9A3 3 0 0 1 6 23V9a3 3 0 0 1 3-3Zm10 0 .4.1.5.5.1.4v6c0 .6-.4 1-1 1s-1-.4-1-1V9.4l-5.3 5.3a1 1 0 0 1-.7.3 1 1 0 0 1-.7-.3 1 1 0 0 1 0-1.4L22.6 8H19c-.6 0-1-.4-1-1s.4-1 1-1Z"></path></svg><span style="border:0;clip:rect(0 0 0 0);clip-path:inset(50%);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px;white-space:nowrap">, opens new tab</span></a></li></ul></section></div><p data-testid="Body" class="text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__extra_small__8Buss body-module__base__o--Cl body-module__extra_small_body__Bfz20 site-footer-module__copyright__RDwpO site-footer-module__right-column__RMJjv">© 2026 Reuters. <a data-testid="Link" referrerPolicy="no-referrer-when-downgrade" href="https://www.thomsonreuters.com/en/policies/copyright.html" class="text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_on_hover__YTwYC">All rights reserved</a></p></div></section></footer></div></div><div data-testid="QualtricsContent" id="ZN_8qfK42aZO5fsR2R"></div><script id="fusion-metadata" type="application/javascript">window.Fusion=window.Fusion||{};Fusion.arcSite="reuters";Fusion.contextPath="/pf";Fusion.mxId="00000000";Fusion.deployment="388";Fusion.globalContent={"statusCode":200,"message":"Success","result":{"id":"IUWCOPLXL5LI7F2AOEX6ZIXS4Y","revision_id":"4BY5JWNCWBHLVNXAMKVZUMOGBU","canonical_url":"/business/energy/us-release-40-million-barrels-crude-strategic-petroleum-reserve-energy-2026-09-29/","website":"reuters","web":"US to loan up to 40 million barrels of oil from SPR, last batch from global deal","native":"US to loan up to 40 million barrels of oil from SPR, last batch from global deal","published":true,"published_time":"2026-09-29T16:19:52.417Z","article_type":"Standard","display_my_news":true,"display_newsletter_signup":true,"display_notifications":true,"display_related_media":true,"display_related_organizations":true,"content_code":"metered","source":{"name":"Reuters","original_name":"Reuters"},"additional_properties":{"article_properties":{"place":"WASHINGTON"},"advisory_properties":{"advisory":"Adds details on release from energy department, background throughout"}},"properties":{"id":"YSK4Z322EZMUTMAX7ADZRR4PKA","module_my_news":true,"module_newsletter_signup":true,"module_notifications":true,"module_related_media":true,"module_related_organizations":true},"sign_off":"Reporting by Timothy Gardner, additional reporting by Daphne Psaledakis and Doina Ciacu and Kate Abnett in Brussels; Editing by Susan Heavey and David Gregorio","dateline":["WASHINGTON, Sept 29 (Reuters)"],"language":"en","slug":"USA-OIL/RESERVE (UPDATE 1)","version":"0.10.11","shared_url":"/business/energy/us-release-40-million-barrels-crude-strategic-petroleum-reserve-energy-2026-09-29/","created_date":"2026-09-29T16:11:14.048Z","type":"story","title":"US to loan up to 40 million barrels of oil from SPR, last batch from global deal","basic_headline":"US to loan up to 40 million barrels of oil from SPR, last batch from global deal","distributor":"Reuters","description":"The US Government said on Tuesday it is offering to loan energy companies up to 40 million barrels of oil from the Strategic Petroleum Reserve, the last US batch of crude from a global deal to unleash reserves in the wake of the war on Iran.","primary_media_type":"image","primary_tag":{"short_bio":"Refining","description":"Refining","slug":"repi-refining","text":"REPI:REFINING","is_topic":true,"can_follow":true,"topic_url":"/business/energy/refining/"},"word_count":438,"read_minutes":3,"header_controls":{"premium_dek":"Yes","hero_image_ratio":"16:9","hero_image_gradient":"None","hero_image_text_placement":"Bottom dark"},"headlines":{"basic":"US to loan up to 40 million barrels of oil from SPR, last batch from global deal"},"thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/MPE754JZEVJ7TBYQILQSEJKWFM.jpg","caption":"The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adrees Latif/File Photo","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf","location":"Freeport, Texas, United States of America","id":"MPE754JZEVJ7TBYQILQSEJKWFM","authors":"Adrees Latif","alt_text":"The Bryan Mound Strategic Petroleum Reserve is seen in an aerial photograph over Freeport, Texas","width":5104,"height":3400,"subtitle":"The Bryan Mound Strategic Petroleum Reserve is seen in an aerial photograph over Freeport, Texas","slug":"CHEVRON-CEO-OIL-MARKET","updated_at":"2026-09-29T16:19:47Z","company":"Reuters","purchase_licensing_path":"https://www.reutersconnect.com/item/the-bryan-mound-strategic-petroleum-reserve-is-seen-in-an-aerial-photograph-over-freeport-texas/dGFnOnJldXRlcnMuY29tLDIwMjY6bmV3c21sX1JDMjNITkFCVDk2Uw%3D%3D/?utm_medium=rcom-article-media&utm_campaign=rcom-rcp-lead"},"authors":[{"id":"timothy.gardner@thomsonreuters.com","name":"Timothy Gardner","first_name":"Timothy","last_name":"Gardner","company":"Reuters","thumbnail":{"url":"https://s3.amazonaws.com/arc-authors/reuters/1bb7724b-8fde-4826-bdd0-f0f535c72cd1.png","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/https%3A%2F%2Fs3.amazonaws.com%2Farc-authors%2Freuters%2F1bb7724b-8fde-4826-bdd0-f0f535c72cd1.png?auth=7bbb8c4ffa85576094b8fc43b04397dae6367ec3080896a1c0ed9c2869edb43a"},"social_links":[{"site":"email","url":"mailto:timothy.gardner@thomsonreuters.com"},{"site":"twitter","url":"https://x.com/timogard"},{"site":"linkedin","url":"https://www.linkedin.com/in/timothy-gardner-1448953/"}],"byline":"Timothy Gardner","description":"Timothy reports on energy and environment policy and is based in Washington, D.C. His coverage ranges from the latest in nuclear power, to environment regulations, to U.S. sanctions and geopolitics. He has been a member of three teams in the past two years that have won Reuters best journalism of the year awards. As a cyclist he is happiest outside.","topic_url":"/authors/timothy-gardner/","role":"Energy and Environment Correspondent"}],"display_time":"2026-09-29T16:19:52.417Z","updated_time":"2026-09-29T17:26:10.029Z","promo_items":{"images":[{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/MPE754JZEVJ7TBYQILQSEJKWFM.jpg","caption":"The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adrees Latif/File Photo","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf","location":"Freeport, Texas, United States of America","id":"MPE754JZEVJ7TBYQILQSEJKWFM","authors":"Adrees Latif","alt_text":"The Bryan Mound Strategic Petroleum Reserve is seen in an aerial photograph over Freeport, Texas","width":5104,"height":3400,"subtitle":"The Bryan Mound Strategic Petroleum Reserve is seen in an aerial photograph over Freeport, Texas","slug":"CHEVRON-CEO-OIL-MARKET","updated_at":"2026-09-29T16:19:47Z","company":"Reuters","purchase_licensing_path":"https://www.reutersconnect.com/item/the-bryan-mound-strategic-petroleum-reserve-is-seen-in-an-aerial-photograph-over-freeport-texas/dGFnOnJldXRlcnMuY29tLDIwMjY6bmV3c21sX1JDMjNITkFCVDk2Uw%3D%3D/?utm_medium=rcom-article-media&utm_campaign=rcom-rcp-lead"}]},"related_content":{"images":[{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/MPE754JZEVJ7TBYQILQSEJKWFM.jpg","caption":"The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adrees Latif/File Photo","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/MPE754JZEVJ7TBYQILQSEJKWFM.jpg?auth=bc4197573395b31050894d27d3f67769425de2e181697927b1f4c44eb29873cf","location":"Freeport, Texas, United States of America","id":"MPE754JZEVJ7TBYQILQSEJKWFM","authors":"Adrees Latif","alt_text":"The Bryan Mound Strategic Petroleum Reserve is seen in an aerial photograph over Freeport, Texas","width":5104,"height":3400,"subtitle":"The Bryan Mound Strategic Petroleum Reserve is seen in an aerial photograph over Freeport, Texas","slug":"CHEVRON-CEO-OIL-MARKET","updated_at":"2026-09-29T16:19:47Z","company":"Reuters","purchase_licensing_path":"https://www.reutersconnect.com/item/the-bryan-mound-strategic-petroleum-reserve-is-seen-in-an-aerial-photograph-over-freeport-texas/dGFnOnJldXRlcnMuY29tLDIwMjY6bmV3c21sX1JDMjNITkFCVDk2Uw%3D%3D/?utm_medium=rcom-article-media&utm_campaign=rcom-rcp-lead"}]},"taxonomy":{"shared_url":"/business/energy/us-release-40-million-barrels-crude-strategic-petroleum-reserve-energy-2026-09-29/","section":{"id":"/business/energy/","website":"reuters","name":"Energy","description":"Find latest energy news from every corner of the globe at Reuters.com, your online source for breaking international news coverage.","page_title":"Energy","parent":{"id":"/business/","website":"reuters","name":"Business","page_title":"Business","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"businesslogo"}},"can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"energylogo"}},"top_parent_section":{"id":"/business/","website":"reuters","name":"Business","page_title":"Business","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"businesslogo"}},"parent_section_name":"Business","ads_primary_section":{"id":"/business/energy/","website":"reuters","name":"Energy","description":"Find latest energy news from every corner of the globe at Reuters.com, your online source for breaking international news coverage.","page_title":"Energy","parent":{"id":"/business/","website":"reuters","name":"Business","page_title":"Business","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"businesslogo"}},"can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"energylogo"},"video_playlistId":"MarketsNow","mobile_ad_unit_path":"/4735792/app.reuters/business/energy/home"},"other_sections":[{"id":"/business/energy/","website":"reuters","name":"Energy","description":"Find latest energy news from every corner of the globe at Reuters.com, your online source for breaking international news coverage.","page_title":"Energy","parent":{"id":"/business/","website":"reuters","name":"Business","page_title":"Business","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"businesslogo"}},"can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"energylogo"}},{"id":"/markets/commodities/","website":"reuters","name":"Commodities","page_title":"Commodities","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"marketscommoditieslogo"}}],"tags":[{"short_bio":"Refining","description":"Refining","slug":"repi-refining","text":"REPI:REFINING","is_topic":true,"can_follow":true,"topic_url":"/business/energy/refining/"},{"short_bio":"N2:COM","description":"N2:COM","slug":"n2-com","text":"COM","topic_url":"/tags/n2-com/"},{"short_bio":"N2:CRU","description":"N2:CRU","slug":"n2-cru","text":"CRU","topic_url":"/tags/n2-cru/"},{"short_bio":"N2:CWP","description":"N2:CWP","slug":"n2-cwp","text":"CWP","topic_url":"/tags/n2-cwp/"},{"short_bio":"N2:DIP","description":"N2:DIP","slug":"n2-dip","text":"DIP","topic_url":"/tags/n2-dip/"},{"short_bio":"N2:ECO","description":"N2:ECO","slug":"n2-eco","text":"ECO","topic_url":"/tags/n2-eco/"},{"short_bio":"N2:ENER","description":"N2:ENER","slug":"n2-ener","text":"ENER","topic_url":"/tags/n2-ener/"},{"short_bio":"N2:ENFF","description":"N2:ENFF","slug":"n2-enff","text":"ENFF","topic_url":"/tags/n2-enff/"},{"short_bio":"N2:ENG","description":"N2:ENG","slug":"n2-eng","text":"ENG","topic_url":"/tags/n2-eng/"},{"short_bio":"N2:ENR","description":"N2:ENR","slug":"n2-enr","text":"ENR","topic_url":"/tags/n2-enr/"},{"short_bio":"N2:GASSTN","description":"N2:GASSTN","slug":"n2-gasstn","text":"GASSTN","topic_url":"/tags/n2-gasstn/"},{"short_bio":"N2:GEN","description":"N2:GEN","slug":"n2-gen","text":"GEN","topic_url":"/tags/n2-gen/"},{"short_bio":"N2:MCE","description":"N2:MCE","slug":"n2-mce","text":"MCE","topic_url":"/tags/n2-mce/"},{"short_bio":"N2:NEWS1","description":"N2:NEWS1","slug":"n2-news1","text":"NEWS1","topic_url":"/tags/n2-news1/"},{"short_bio":"N2:NRG","description":"N2:NRG","slug":"n2-nrg","text":"NRG","topic_url":"/tags/n2-nrg/"},{"short_bio":"N2:OILG","description":"N2:OILG","slug":"n2-oilg","text":"OILG","topic_url":"/tags/n2-oilg/"},{"short_bio":"N2:POL","description":"N2:POL","slug":"n2-pol","text":"POL","topic_url":"/tags/n2-pol/"},{"short_bio":"N2:REFI","description":"N2:REFI","slug":"n2-refi","text":"REFI","topic_url":"/tags/n2-refi/"},{"short_bio":"N2:SECUR","description":"N2:SECUR","slug":"n2-secur","text":"SECUR","topic_url":"/tags/n2-secur/"},{"short_bio":"N2:TRD","description":"N2:TRD","slug":"n2-trd","text":"TRD","topic_url":"/tags/n2-trd/"},{"short_bio":"N2:WASH","description":"N2:WASH","slug":"n2-wash","text":"WASH","topic_url":"/tags/n2-wash/"},{"short_bio":"N2:IL","description":"N2:IL","slug":"n2-il","text":"IL","topic_url":"/tags/n2-il/"},{"short_bio":"N2:AMERS","description":"N2:AMERS","slug":"n2-amers","text":"AMERS","topic_url":"/tags/n2-amers/"},{"short_bio":"N2:SWASIA","description":"N2:SWASIA","slug":"n2-swasia","text":"SWASIA","topic_url":"/tags/n2-swasia/"},{"short_bio":"N2:US","description":"N2:US","slug":"n2-us","text":"US","topic_url":"/tags/n2-us/"},{"short_bio":"N2:MEAST","description":"N2:MEAST","slug":"n2-meast","text":"MEAST","topic_url":"/tags/n2-meast/"},{"short_bio":"N2:TGLF","description":"N2:TGLF","slug":"n2-tglf","text":"TGLF","topic_url":"/tags/n2-tglf/"},{"short_bio":"N2:NAMER","description":"N2:NAMER","slug":"n2-namer","text":"NAMER","topic_url":"/tags/n2-namer/"},{"short_bio":"N2:EMEA","description":"N2:EMEA","slug":"n2-emea","text":"EMEA","topic_url":"/tags/n2-emea/"},{"short_bio":"N2:ASXPAC","description":"N2:ASXPAC","slug":"n2-asxpac","text":"ASXPAC","topic_url":"/tags/n2-asxpac/"},{"short_bio":"N2:EMRG","description":"N2:EMRG","slug":"n2-emrg","text":"EMRG","topic_url":"/tags/n2-emrg/"},{"short_bio":"N2:ASIA","description":"N2:ASIA","slug":"n2-asia","text":"ASIA","topic_url":"/tags/n2-asia/"},{"short_bio":"N2:IR","description":"N2:IR","slug":"n2-ir","text":"IR","topic_url":"/tags/n2-ir/"},{"short_bio":"N2:SHIP08","description":"N2:SHIP08","slug":"n2-ship08","text":"SHIP08","topic_url":"/tags/n2-ship08/"},{"short_bio":"DEST:OUSNRG","description":"DEST:OUSNRG","slug":"dest-ousnrg","text":"DEST:OUSNRG","topic_url":"/tags/dest-ousnrg/"},{"short_bio":"N2:EU","description":"N2:EU","slug":"n2-eu","text":"EU","topic_url":"/tags/n2-eu/"},{"short_bio":"TOPIC:MARKETS-COMMODITIES-ENERGY","description":"TOPIC:MARKETS-COMMODITIES-ENERGY","slug":"topic-markets-commodities-energy","text":"TOPIC:MARKETS-COMMODITIES-ENERGY","topic_url":"/tags/topic-markets-commodities-energy/"},{"short_bio":"TOPIC:ENERGY-OIL-GAS","description":"TOPIC:ENERGY-OIL-GAS","slug":"topic-energy-oil-gas","text":"TOPIC:ENERGY-OIL-GAS","topic_url":"/tags/topic-energy-oil-gas/"},{"short_bio":"N2:INTAG","description":"N2:INTAG","slug":"n2-intag","text":"INTAG","topic_url":"/tags/n2-intag/"}],"n2":[{"code":"COM","name":"Commodities Markets","description":"N2:COM","topic_url":"/tags/n2-com/"},{"code":"CRU","name":"Crude Oil","description":"N2:CRU","topic_url":"/tags/n2-cru/"},{"code":"CWP","name":"Conflicts / War / Peace","description":"N2:CWP","topic_url":"/tags/n2-cwp/"},{"code":"DIP","name":"Diplomacy / Foreign Policy","description":"N2:DIP","topic_url":"/tags/n2-dip/"},{"code":"ECO","description":"N2:ECO","topic_url":"/tags/n2-eco/"},{"code":"ENER","name":"Energy (TRBC level 1)","description":"N2:ENER","topic_url":"/tags/n2-ener/"},{"code":"ENFF","name":"Energy - Fossil Fuels (TRBC level 2)","description":"N2:ENFF","topic_url":"/tags/n2-enff/"},{"code":"ENG","description":"N2:ENG","topic_url":"/tags/n2-eng/"},{"code":"ENR","description":"N2:ENR","topic_url":"/tags/n2-enr/"},{"code":"GASSTN","name":"Gasoline Stations (TRBC level 5)","description":"N2:GASSTN","topic_url":"/tags/n2-gasstn/"},{"code":"GEN","name":"General News","description":"N2:GEN","topic_url":"/tags/n2-gen/"},{"code":"MCE","name":"Economic News","description":"N2:MCE","topic_url":"/tags/n2-mce/"},{"code":"NEWS1","name":"Major News","description":"N2:NEWS1","topic_url":"/tags/n2-news1/"},{"code":"NRG","name":"Energy Markets","description":"N2:NRG","topic_url":"/tags/n2-nrg/"},{"code":"OILG","name":"Oil & Gas (TRBC level 3)","description":"N2:OILG","topic_url":"/tags/n2-oilg/"},{"code":"POL","name":"Government / Politics","description":"N2:POL","topic_url":"/tags/n2-pol/"},{"code":"REFI","name":"Oil & Gas Refining and Marketing (TRBC level 4)","description":"N2:REFI","topic_url":"/tags/n2-refi/"},{"code":"SECUR","name":"International / National Security","description":"N2:SECUR","topic_url":"/tags/n2-secur/"},{"code":"TRD","name":"International Trade","description":"N2:TRD","topic_url":"/tags/n2-trd/"},{"code":"WASH","name":"US Government News","description":"N2:WASH","topic_url":"/tags/n2-wash/"},{"code":"IL","name":"Israel","description":"N2:IL","topic_url":"/tags/n2-il/"},{"code":"AMERS","name":"Americas","description":"N2:AMERS","topic_url":"/tags/n2-amers/"},{"code":"SWASIA","name":"South-West Asia","description":"N2:SWASIA","topic_url":"/tags/n2-swasia/"},{"code":"US","name":"United States","description":"N2:US","topic_url":"/tags/n2-us/"},{"code":"MEAST","name":"Middle East","description":"N2:MEAST","topic_url":"/tags/n2-meast/"},{"code":"TGLF","name":"Gulf","description":"N2:TGLF","topic_url":"/tags/n2-tglf/"},{"code":"NAMER","name":"North America","description":"N2:NAMER","topic_url":"/tags/n2-namer/"},{"code":"EMEA","name":"Europe, Middle East and Africa","description":"N2:EMEA","topic_url":"/tags/n2-emea/"},{"code":"ASXPAC","name":"Asia","description":"N2:ASXPAC","topic_url":"/tags/n2-asxpac/"},{"code":"EMRG","name":"Emerging Market Countries","description":"N2:EMRG","topic_url":"/tags/n2-emrg/"},{"code":"ASIA","name":"Asia / Pacific","description":"N2:ASIA","topic_url":"/tags/n2-asia/"},{"code":"IR","name":"Iran","description":"N2:IR","topic_url":"/tags/n2-ir/"},{"code":"SHIP08","description":"N2:SHIP08","topic_url":"/tags/n2-ship08/"},{"code":"EU","name":"European Union","description":"N2:EU","topic_url":"/tags/n2-eu/"},{"code":"INTAG","name":"International Agencies / Treaty Groups","description":"N2:INTAG","topic_url":"/tags/n2-intag/"}],"ad_topics":["com","DeathInjrConft","econ","engy","engy","pol","trade"],"ad_unit_path":"/4735792/reuters.com/business/energy/article","mobile_ad_unit_path":"/4735792/app.reuters/business/energy/article","keywords":["USA","OIL/RESERVE (UPDATE 1)"],"usn":"L1N3ZZ13T","tag_topic_count":1,"show_tags":true},"summary":[{"description":"Offer revives June plan that drew bids for only about 500,000 barrels"},{"description":"Release completes U.S. share of a March accord with 30 IEA countries"},{"description":"Routine drawdowns are restricted below 252.4 million barrels, though emergency releases remain allowed"}],"newsletters":[{"name":"Reuters Power Up","promoBoxDescription":"The Reuters Power Up newsletter by columnist Ron Bousso provides everything you need to know about the global energy industry.","landingPageUrl":"/newsletters/reuters-power-up/","sailThruId":"reuters_power_up"},{"name":"Reuters Sustainable Finance","promoBoxDescription":"Stay up to date on the key companies, data, and decisions in the ESG world with the Reuters Sustainable Finance newsletter.","landingPageUrl":"/newsletters/reuters-sustainable-finance/","sailThruId":"sustainable_finance"},{"name":"Reuters Econ World","promoBoxDescription":"Get the latest news and expert analysis about the state of the global economy with the Reuters Econ World newsletter.","landingPageUrl":"/newsletters/reuters-econ-world/","sailThruId":"econ_world"},{"name":"Reuters Iran Briefing","promoBoxDescription":"The Reuters Iran Briefing newsletter keeps you informed with the latest developments and analysis of the Iran war.","landingPageUrl":"/newsletters/reuters-iran-briefing/","sailThruId":"reuters_iran_briefing"},{"name":"Reuters Daily Briefing","promoBoxDescription":"The Reuters Daily Briefing newsletter provides all the news you need to start your day.","landingPageUrl":"/newsletters/daily-briefing/","sailThruId":"newsletter_subscription"}],"notification_settings":{"title":"Energy","section":"/business/energy/","braze_custom_attribute":"application_energy_alert"},"dart_zones":{"topic":"com,conft,engy,econ,pol,trade"},"eleven_labs":{"project_id":"ltKnd6V91BcL7LuNvMKD","html_snippet":"<div id=\"elevenlabs-audionative-widget\" data-height=\"90\" data-width=\"100%\" data-frameborder=\"no\" data-scrolling=\"no\" data-publicuserid=\"4755746b1f90e57c3c83176ebb4062380b8a9a1a2e7bf22c8d2d745486357d64\" data-playerurl=\"https://elevenlabs.io/player/index.html\" data-projectid=\"ltKnd6V91BcL7LuNvMKD\" >Loading the <a href=\"https://elevenlabs.io/text-to-speech\" target=\"_blank\" rel=\"noopener\">Elevenlabs Text to Speech</a> AudioNative Player...</div><script src=\"https://elevenlabs.io/player/audioNativeHelper.js\" type=\"text/javascript\"><\/script>","audio_url":"https://eleven-public-cdn.elevenlabs.io/audio-native/4755746b1f90e57c3c83176ebb4062380b8a9a1a2e7bf22c8d2d745486357d64/ltKnd6V91BcL7LuNvMKD/ltKnd6V91BcL7LuNvMKD.mp3"},"excerpt":{"content":"The US Government said on Tuesday it is offering to loan energy companies up to 40 million barrels of oil from the Strategic Petroleum Reserve, the last US batch of crude from a global deal to unleash reserves in the wake of the war on Iran.","type":"paragraph"},"content_elements":[{"content":"The US Government said on Tuesday it is offering to loan energy companies up to 40 million barrels of oil from the Strategic Petroleum Reserve, the last US batch of crude from a global deal to unleash reserves in the wake of the war on Iran.","type":"paragraph"},{"content":"Washington agreed <a href=\"https://www.reuters.com/business/energy/iea-proposes-largest-ever-oil-release-strategic-reserves-wsj-reports-2026-03-11/\">in March</a> to loan 172 million barrels of oil from the SPR as part of a wider deal with about 30 countries in the International Energy Agency to release 400 million barrels from reserves around the world.","type":"paragraph"},{"content":"In June, the US offered to loan the last 40 million barrels from that agreement, but later that month revealed that companies <a href=\"https://www.reuters.com/legal/litigation/us-loans-500000-barrels-oil-strategic-petroleum-reserve-2026-06-22/\">only agreed to borrow about 500,000</a> barrels.","type":"paragraph"},{"content":"Energy Secretary Chris Wright said the US and Japan have delivered on their commitments under the agreement, but said \"several European member countries have released only a fraction of the crude oil and petroleum products they pledged.\"","type":"paragraph"},{"content":"Reuters reported on Wednesday that the White House has urged the European Union to draw down emergency diesel inventories in a bid to lower prices. The EU has not disclosed the total volumes its members have so far released,, although the IEA has said EU countries' contributions will primarily take the form of refined products, rather than crude oil.","type":"paragraph"},{"level":1,"content":"SPR LIMITS","type":"header"},{"content":"The amount of oil in US SPR has sunk to less than 284 million barrels, the lowest level since 1982. President Donald Trump released large amounts following the start of the war with Iran and former President Joe Biden made big releases after Russia invaded Ukraine in 2022.","type":"paragraph"},{"content":"Trump has felt pressure to lower fuel prices ahead of the November midterm elections in which his Republican party is campaigning to maintain thin majorities in Congress. Gasoline pump prices are about $4.45 a gallon, up almost 50% since the war began in late February, and diesel prices have surged about 70% and have hit record levels around $6.50 a gallon.","type":"paragraph"},{"content":"The latest release could temporarily take the SPR level below a point where draw down <a href=\"https://www.reuters.com/business/energy/depleted-us-oil-stash-loses-potency-iran-war-grinds-2026-08-31/\">restrictions come into force</a>.","type":"paragraph"},{"content":"US law prohibits the president from ordering routine, small draw downs if the SPR falls below 252.4 million barrels. The president could still order releases for major emergencies.","type":"paragraph"},{"content":"The US is loaning oil from the SPR to companies that will repay in crude, with premiums of up to 24%. The department says that system will help stabilize markets with no cost to US taxpayers. But the return of the oil is not slated to be completed <a href=\"https://www.reuters.com/business/energy/us-oil-loan-emergency-reserve-depends-stiff-premiums-2026-03-18/\">until late 2028</a>.","type":"paragraph"},{"content":"The department said companies have until October 6 to submit proposals on borrowing the oil.","type":"paragraph"}],"response_time":1791013083587},"_id":"2332d606db16e4dd9c8fef7dbad0f628245770c18421b5642d7eaf02a79cb431"};Fusion.globalContentConfig={"source":"article-by-id-or-url-v1","query":{"uri":"/business/energy/us-release-40-million-barrels-crude-strategic-petroleum-reserve-energy-2026-09-29/","website":"reuters","published":"true","website_url":"/business/energy/us-release-40-million-barrels-crude-strategic-petroleum-reserve-energy-2026-09-29/","arc-site":"reuters"}};Fusion.lastModified=1791013083786;Fusion.contentCache={"site-hierarchy-by-name-v1":{"{\"hierarchy_name\":\"Website\",\"website\":\"reuters\"}":{"data":{"statusCode":200,"message":"Success","result":{"id":"/","website":"reuters","name":"Home","language":"en","template_type":"section","type":"section","node_type":"section","children":[{"id":"/world/","website":"reuters","name":"World","page_title":"World","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false"},"node_type":"section","children":[{"id":"/world/africa/","website":"reuters","name":"Africa","page_title":"Africa","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false"},"node_type":"section"},{"id":"/world/americas/","website":"reuters","name":"Americas","page_title":"Americas","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false"},"node_type":"section"},{"id":"/world/asia-pacific/","website":"reuters","name":"Asia Pacific","page_title":"Asia Pacific","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false"},"node_type":"section"},{"id":"/world/china/","website":"reuters","name":"China","page_title":"China","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false"},"node_type":"section"},{"id":"/world/europe/","website":"reuters","name":"Europe","page_title":"Europe","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false"},"node_type":"section"},{"id":"/world/india/","website":"reuters","name":"India","page_title":"India","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false"},"node_type":"section"},{"id":"/world/iran/","website":"reuters","name":"Iran War","description":"The U.S. and Israel’s attack on Iran is the most consequential military operation in the Middle East in more than two decades.","page_title":"Iran War","language":"en","template_type":"topic","type":"section","advertising":{"sponsor_logo_type":"iranlogo"},"node_type":"section"},{"id":"/world/israel-hamas/","website":"reuters","name":"Israel and Hamas at War","description":"The Hamas Oct. 7 attacks on Israel unleashed a fresh cycle of violence that has rocked the Middle East","page_title":"Israel and Hamas at War","can_follow":true,"language":"en","template_type":"topic","type":"section","advertising":{"sponsored":"false"},"node_type":"section"},{"id":"/world/japan/","website":"reuters","name":"Japan","description":"Visit <a href=\"https://www.reuters.com/world/japan/\">reuters.com/japan</a> for unmatched global news coverage in Japanese.","page_title":"Japan","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true"},"node_type":"section"},{"id":"/world/middle-east/","website":"reuters","name":"Middle East","page_title":"Middle East","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false"},"node_type":"section"},{"id":"/reuters-ipsos-polls/","ad_unit_code":"/world","website":"reuters","name":"Reuters/Ipsos Polls","description":"What Americans think about the president, politics and the biggest issues facing the nation","page_title":"Reuters/Ipsos Polls","can_follow":true,"language":"en","template_type":"topic","short_description":"What Americans think about the president, politics and the biggest issues facing the nation","type":"section","advertising":{"sponsor_logo_type":"topiclogo"},"node_type":"section"},{"id":"/world/ukraine-russia-war/","website":"reuters","name":"Ukraine and Russia at War","description":"Russia’s invasion of Ukraine started the deadliest war on European soil in more than 70 years.","page_title":"Ukraine and Russia at War","can_follow":true,"language":"en","template_type":"topic","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"topiceventlogo"},"node_type":"section"},{"id":"/world/uk/","website":"reuters","name":"United Kingdom","page_title":"United Kingdom","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"uklogo"},"node_type":"section"},{"id":"/world/us/","website":"reuters","name":"United States","page_title":"United States","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"uslogo"},"node_type":"section"},{"id":"/world/us/elections/","website":"reuters","name":"U.S. Midterm Elections","description":"Follow stories, results, data and implications of U.S. elections here.","icon_id":"midterms_2026","page_title":"2026 Midterm Elections","can_follow":true,"language":"en","template_type":"topic","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"topiceventlogo"},"node_type":"section"},{"id":"/world/reuters-next/","website":"reuters","name":"Reuters NEXT","description":"Policymakers, CEOs, investors and innovators discuss the issues reshaping our world","page_title":"Reuters NEXT","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"reutersnextlogo"},"node_type":"section"}]},{"id":"/business/","website":"reuters","name":"Business","page_title":"Business","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"businesslogo"},"node_type":"section","children":[{"id":"/business/aerospace-defense/","website":"reuters","name":"Aerospace & Defense","page_title":"Aerospace & Defense","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"aerospacelogo"},"node_type":"section"},{"id":"/business/autos-transportation/","website":"reuters","name":"Autos & Transportation","description":"Find latest autos news from every corner of the globe at Reuters.com, your online source for breaking international news coverage.","page_title":"Autos & Transportation","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"autoslogo"},"node_type":"section"},{"id":"/business/davos/","website":"reuters","name":"Davos","description":"World Economic Forum in Davos","page_title":"Davos","language":"en","template_type":"topic","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"davoslogo"},"node_type":"section"},{"id":"/business/energy/","website":"reuters","name":"Energy","description":"Find latest energy news from every corner of the globe at Reuters.com, your online source for breaking international news coverage.","page_title":"Energy","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"energylogo"},"node_type":"section"},{"id":"/business/environment/","website":"reuters","name":"Environment","page_title":"Environment","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"environmentlogo"},"node_type":"section"},{"id":"/business/finance/","website":"reuters","name":"Finance","page_title":"Finance","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"financelogo"},"node_type":"section"},{"id":"/business/healthcare-pharmaceuticals/","website":"reuters","name":"Healthcare & Pharmaceuticals","description":"Find latest healthcare news from every corner of the globe at Reuters.com, your online source for breaking international news coverage.","page_title":"Healthcare & Pharmaceuticals","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"healthcarelogo"},"node_type":"section"},{"id":"/business/media-telecom/","website":"reuters","name":"Media & Telecom","page_title":"Media & Telecom","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"medialogo"},"node_type":"section"},{"id":"/business/retail-consumer/","website":"reuters","name":"Retail & Consumer","page_title":"Retail & Consumer","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"consumerlogo"},"node_type":"section"},{"id":"/business/future-of-health/","website":"reuters","name":"Future of Health","description":"The science and business powering tomorrow's medicine.","page_title":"Future of Health","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"futureofhealthlogo"},"node_type":"section"},{"id":"/business/future-of-money/","website":"reuters","name":"Future of Money","description":"Making sense of cryptocurrency, fintech and digital payments.","page_title":"Future of Money","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"futureofmoneylogo"},"node_type":"section"},{"id":"/business/take-five/","website":"reuters","name":"Take Five","description":"The economic, political and business news to watch in the week ahead.","page_title":"Take Five","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"takefivelogo"},"node_type":"section"},{"id":"/business/world-at-work/","website":"reuters","name":"World at Work","description":"How companies and countries are reimagining the way we work, live and play.","page_title":"World at Work","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"worldatworklogo"},"node_type":"section"}]},{"id":"/markets/","website":"reuters","name":"Markets","page_title":"Markets","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"marketslogo"},"node_type":"section","children":[{"id":"/markets/on-the-money/","website":"reuters","name":"On the Money","description":"Your guide to savings, investing, retirement, taxes, credit, family finances and more with the latest news, commentary and analysis.","page_title":"On the Money","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false"},"node_type":"section"},{"id":"/markets/asia/","website":"reuters","name":"Asian Markets","page_title":"Asian Markets","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"marketsasialogo"},"node_type":"section"},{"id":"/markets/carbon/","website":"reuters","name":"Carbon Markets","page_title":"Carbon Markets","language":"en","template_type":"section","type":"section","advertising":{"sponsor_logo_type":"marketscarbonlogo"},"video_channel":"/video/markets-now/","video_label":"Markets Now","node_type":"section"},{"id":"/markets/commodities/","website":"reuters","name":"Commodities","page_title":"Commodities","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"marketscommoditieslogo"},"node_type":"section","children":[{"id":"/markets/commodities/agriculture/","website":"reuters","name":"Agriculture","page_title":"Agriculture","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"marketscommoditieslogo"},"node_type":"section"},{"id":"/markets/commodities/energy/","website":"reuters","name":"Energy","page_title":"Energy","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"marketscommoditieslogo"},"node_type":"section"},{"id":"/markets/commodities/livestock/","website":"reuters","name":"Livestock","page_title":"Livestock","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"marketscommoditieslogo"},"node_type":"section"},{"id":"/markets/commodities/metals/","website":"reuters","name":"Metals","page_title":"Metals","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"marketscommoditieslogo"},"node_type":"section"}]},{"id":"/markets/currencies/","website":"reuters","name":"Currencies","page_title":"Currencies","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsor_logo_type":"marketscurrencieslogo"},"node_type":"section"},{"id":"/markets/deals/","website":"reuters","name":"Deals","page_title":"Deals","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"marketsdealslogo"},"video_channel":"/video/markets-now/","video_label":"Markets Now","node_type":"section"},{"id":"/markets/emerging/","website":"reuters","name":"Emerging Markets","page_title":"Emerging Markets","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"marketsemerginglogo"},"video_channel":"/video/markets-now/","video_label":"Markets Now","node_type":"section"},{"id":"/markets/etf/","website":"reuters","name":"ETFs","page_title":"ETFs","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"marketsemerginglogo"},"video_channel":"/video/inside-etfs/","video_label":"Inside ETFs","node_type":"section"},{"id":"/markets/europe/","website":"reuters","name":"European Markets","page_title":"European Markets","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"marketseuropelogo"},"node_type":"section"},{"id":"/markets/funds/","website":"reuters","name":"Funds","page_title":"Funds","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"marketsfundslogo"},"video_channel":"/video/markets-now/","video_label":"Markets Now","node_type":"section"},{"id":"/markets/econ-world/","website":"reuters","name":"Econ World","description":"The latest news and expert analysis about the state of the global economy.","page_title":"Econ World","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"econworldlogo"},"node_type":"section"},{"id":"/markets/global-market-data/","website":"reuters","name":"Global Market Data","page_title":"Global Market Data","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"marketsgloballogo"},"node_type":"section"},{"id":"/markets/rates-bonds/","website":"reuters","name":"Rates & Bonds","page_title":"Rates & Bonds","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"marketsratesbondslogo"},"node_type":"section"},{"id":"/markets/stocks/","website":"reuters","name":"Stocks","page_title":"Stocks","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"marketsstockslogo"},"node_type":"section"},{"id":"/markets/us/","website":"reuters","name":"U.S. Markets","page_title":"U.S. Markets","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"marketsuslogo"},"node_type":"section"},{"id":"/markets/wealth/","website":"reuters","name":"Wealth","page_title":"Wealth","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsor_logo_type":"wealthlogo"},"video_channel":"/video/on-the-money/","video_label":"On the Money","node_type":"section"}]},{"id":"/sustainability/","website":"reuters","name":"Sustainability","page_title":"Sustainable Business","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false"},"node_type":"section","children":[{"id":"/sustainability/boards-policy-regulation/","website":"reuters","name":"Boards, Policy & Regulation","page_title":"Boards, Policy & Regulation","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false"},"node_type":"section"},{"id":"/sustainability/climate-energy/","website":"reuters","name":"Climate & Energy","page_title":"Climate & Energy","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true"},"node_type":"section"},{"id":"/sustainability/land-use-biodiversity/","website":"reuters","name":"Land Use & Biodiversity","page_title":"Land Use & Biodiversity","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"landusebiodiversitylogo"},"node_type":"section"},{"id":"/sustainability/society-equity/","website":"reuters","name":"Society & Equity","page_title":"Society & Equity","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"societyequitylogo"},"node_type":"section"},{"id":"/sustainability/sustainable-finance-reporting/","website":"reuters","name":"Sustainable Finance & Reporting","page_title":"Sustainable Finance & Reporting","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"boardspolicyregulationlogo"},"node_type":"section"},{"id":"/sustainability/the-switch/","website":"reuters","name":"The Switch","description":"The people, technology and companies working toward a sustainable future","page_title":"The Switch","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"theswitchlogo"},"node_type":"section"},{"id":"/sustainability/reuters-impact/","website":"reuters","name":"Reuters Impact","description":"Tackling climate change with businesses, scientists and thinkers","page_title":"Reuters Impact","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"reutersimpactlogo"},"node_type":"section"},{"id":"/sustainability/cop/","website":"reuters","name":"COP31","description":"The latest news from the U.N. COP31 climate summit","page_title":"COP31","language":"en","template_type":"topic","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"coplogo"},"node_type":"section"}]},{"id":"/legal/","website":"reuters","name":"Legal","page_title":"Legal","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"legallogo"},"node_type":"section","children":[{"id":"/legal/government/","website":"reuters","name":"Government","page_title":"Government","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"legalgovernmentlogo"},"node_type":"section"},{"id":"/legal/legalindustry/","website":"reuters","name":"Legal Industry","page_title":"Legal Industry","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"legallegalindustrylogo"},"node_type":"section"},{"id":"/legal/litigation/","website":"reuters","name":"Litigation","page_title":"Litigation","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"legallitigationlogo"},"node_type":"section"},{"id":"/legal/transactional/","website":"reuters","name":"Transactional","page_title":"Transactional","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"legaltransactionallogo"},"node_type":"section"},{"id":"/legal/us-supreme-court/","website":"reuters","name":"US Supreme Court","page_title":"US Supreme Court","language":"en","template_type":"section","type":"section","advertising":{"sponsor_logo_type":"legalussupremecourtlogo"},"node_type":"section"}]},{"id":"/commentary/","website":"reuters","name":"Commentary","description":"Columns from Reuters Open Interest and Reuters Breakingviews.","page_title":"Commentary","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"commentarylogo"},"node_type":"section","children":[{"id":"/commentary/breakingviews/","website":"reuters","name":"Breakingviews","description":"Breakingviews provides financial professionals with unique agenda-setting insight on the major financial news stories as they break globally every day","page_title":"Breakingviews","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"breakingviewslogo"},"node_type":"section"},{"id":"/commentary/reuters-open-interest/","website":"reuters","name":"ROI: Reuters Open Interest","description":"ROI offers data-driven expert commentary on the trends driving global markets.","page_title":"ROI: Reuters Open Interest","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false"},"node_type":"section"}]},{"id":"/technology/","website":"reuters","name":"Technology","page_title":"Technology","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"technologylogo"},"node_type":"section","children":[{"id":"/technology/artificial-intelligence/","website":"reuters","name":"Artificial Intelligence","description":"How Artificial Intelligence is creating the next normal","page_title":"Artificial Intelligence","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"ailogo"},"node_type":"section"},{"id":"/technology/cybersecurity/","website":"reuters","name":"Cybersecurity","page_title":"Cybersecurity","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"cybersecuritylogo"},"node_type":"section"},{"id":"/technology/space/","website":"reuters","name":"Space","page_title":"Space","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsor_logo_type":"spacelogo"},"node_type":"section"},{"id":"/technology/disrupted/","website":"reuters","name":"Disrupted","description":"How innovation in technology is transforming business, communications and entertainment","page_title":"Disrupted","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"disruptedlogo"},"node_type":"section"}]},{"id":"/investigations/","website":"reuters","name":"Investigations","description":"Investigations, explanatory journalism and long-form narratives by Reuters journalists around the world","page_title":"Reuters Investigates","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"investigationslogo"},"node_type":"section"},{"id":"/sports/","website":"reuters","name":"Sports","page_title":"Sports","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"sportslogo"},"video_channel":"/video/sports/","video_label":"Sports Video","node_type":"section","children":[{"id":"/sports/world-cup/","website":"reuters","name":"World Cup","description":"Latest news, results, pictures and all coverage from the FIFA World Cup. <a href=\"https://trdigital.iad1.qualtrics.com/jfe/form/SV_bdyZRJ1LMipdMqO\">Share your feedback</a>","page_title":"FIFA World Cup 2026","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"worldcuplogo"},"node_type":"section"},{"id":"/sports/athletics/","website":"reuters","name":"Athletics","page_title":"Athletics","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"athleticslogo"},"node_type":"section"},{"id":"/sports/baseball/","website":"reuters","name":"Baseball","page_title":"Baseball","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"baseballlogo"},"node_type":"section"},{"id":"/sports/basketball/","website":"reuters","name":"Basketball","page_title":"Basketball","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"basketballlogo"},"node_type":"section"},{"id":"/sports/cricket/","website":"reuters","name":"Cricket","page_title":"Cricket","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"cricketlogo"},"node_type":"section"},{"id":"/sports/cycling/","website":"reuters","name":"Cycling","page_title":"Cycling","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"cyclinglogo"},"node_type":"section"},{"id":"/sports/formula1/","website":"reuters","name":"Formula 1","page_title":"Formula 1","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"formula1logo"},"node_type":"section"},{"id":"/sports/golf/","website":"reuters","name":"Golf","page_title":"Golf","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"golflogo"},"node_type":"section"},{"id":"/sports/nfl/","website":"reuters","name":"NFL","page_title":"NFL","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"nfllogo"},"node_type":"section"},{"id":"/sports/nhl/","website":"reuters","name":"NHL","page_title":"NHL","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"nhllogo"},"node_type":"section"},{"id":"/sports/soccer/","website":"reuters","name":"Soccer","page_title":"Soccer","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"soccerlogo"},"node_type":"section"},{"id":"/sports/tennis/","website":"reuters","name":"Tennis","page_title":"Tennis","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"tennislogo"},"video_channel":"/video/tennis-video-2024-01-04/","video_label":"Tennis Video","node_type":"section"}]},{"id":"/science/","website":"reuters","name":"Science","page_title":"Science","can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"sciencelogo"},"node_type":"section"},{"id":"/lifestyle/","website":"reuters","name":"Lifestyle","page_title":"Lifestyle","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"lifestylelogo"},"node_type":"section","children":[{"id":"/lifestyle/culture-current/","website":"reuters","name":"Culture Current","description":"A weekly Q&A with cultural tastemakers exploring the intersection of their craft and the news","page_title":"Culture Current","language":"en","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"culturecurrentlogo"},"node_type":"section"}]},{"id":"/city-memo/","website":"reuters","name":"City Memo","description":"The inside view on what to do in the most interesting places around the world","page_title":"City Memo","language":"en","template_type":"section","type":"section","advertising":{"sponsor_logo_type":"city-memologo"},"node_type":"section"},{"id":"/graphics/","website":"reuters","name":"Graphics","description":"The latest Graphics on politics, sports, culture, science and environment from our journalists around the world","page_title":"Graphics","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"graphicslogo"},"node_type":"section","children":[{"id":"/chart-of-the-week/","website":"reuters","name":"Chart of the Week","description":"A visual take on one of the biggest stories of the week","page_title":"Chart of the Week","language":"en","type":"section","advertising":{"sponsor_logo_type":"chart-of-the-weeklogo"},"node_type":"section"}]},{"id":"/pictures/","website":"reuters","name":"Pictures","description":"A selection of the best images from our photojournalists around the globe","page_title":"Pictures","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"pictureslogo"},"node_type":"section"},{"id":"/wider-image/","website":"reuters","name":"Wider Image","description":"The home for Reuters in-depth visual storytelling from our photojournalists and reporters around the globe","page_title":"The Wider Image","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"widerimagelogo"},"node_type":"section"},{"id":"/podcasts/","website":"reuters","name":"Podcasts","description":"The latest news podcasts from around the world by our frontline journalists.","page_title":"Podcasts","language":"en","template_type":"section","network_id":"7d3db05a-8c41-11ed-a109-9b062d29da32","podcast_id":"e3c7d1b2-8c45-11ed-80a2-172771c99810","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"podcastslogo"},"node_type":"section","children":[{"id":"/podcasts/reuters-world-news/","website":"reuters","name":"Reuters World News","description":"Everything you need to know about your world in 10 minutes. Go straight to the source with a ten-minute news briefing by Reuters frontline journalists. Join host Kim Vinnell as she takes you around the world every weekday.","page_title":"Reuters World News","language":"en","template_type":"section","network_id":"7d3db05a-8c41-11ed-a109-9b062d29da32","podcast_id":"e3c7d1b2-8c45-11ed-80a2-172771c99810","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"podcastslogo"},"node_type":"section"},{"id":"/podcasts/reuters-morning-bid/","website":"reuters","name":"Reuters Morning Bid","description":"The conversational weekday markets and finance podcast hosted by Mike Dolan and Anna Szymanski. Providing listeners with a breakdown of the day’s key market news in a chatty, yet informative manner.","page_title":"Reuters Morning Bid","language":"en","template_type":"section","network_id":"7d3db05a-8c41-11ed-a109-9b062d29da32","podcast_id":"8d7badb4-26b3-11f0-a040-1fe12f445fb2","type":"section","advertising":{"sponsor_logo_type":"podcastslogo"},"node_type":"section"},{"id":"/podcasts/reuters-econ-world/","website":"reuters","name":"Reuters Econ World","description":"Join Reuters journalist Carmel Crimmins every week as she and her guests pick apart a key economic principle behind the world’s news. Get beyond buzzwords and technical terms to understand the ideas and debates shaping the global economic agenda.","page_title":"Reuters Econ World","language":"en","template_type":"section","network_id":"7d3db05a-8c41-11ed-a109-9b062d29da32","podcast_id":"3c37d102-0c70-11ef-9f2a-d3c80df1fc79","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"podcastslogo"},"node_type":"section"},{"id":"/podcasts/on-assignment/","website":"reuters","name":"On Assignment","description":"Dive into the stories behind the news with a new podcast from Reuters. We take you past the headlines right to the heart of the action. From the frontlines of war to corporate boardrooms and the centers of political power, listen to our award-winning investigative journalists around the world make sense of the most important stories today.","page_title":"On Assignment","language":"en","template_type":"section","network_id":"7d3db05a-8c41-11ed-a109-9b062d29da32","podcast_id":"e3c7d1b2-8c45-11ed-80a2-172771c99810","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"podcastslogo"},"node_type":"section"},{"id":"/podcasts/viewsroom/","website":"reuters","name":"Viewsroom","description":"Pull up a chair and join the debate about the biggest stories in global business and finance. Breakingviews columnists talk about the big numbers, crunchy deals and nasty spats in global business and economics, offering a weekly dose of financial insight that goes beyond the concise and provocative views readers get from our columns every day.","page_title":"Viewsroom","language":"en","template_type":"section","network_id":"aa71465a-a087-11ec-8680-73c03cf16654","podcast_id":"3f585882-b431-11ec-b607-27400e0231df","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"podcastslogo"},"node_type":"section"},{"id":"/podcasts/the-big-view/","website":"reuters","name":"The Big View","description":"Reuters Breakingviews columnists tap their best contacts to explore the biggest issues driving business and markets today. Every Tuesday, Global Editor Peter Thal Larsen and his team tackle a pressing question with a senior executive, financier, policymaker, or other expert. The Big View helps you understand what is going on, explore all sides of the argument, and think about what happens next.","page_title":"The Big View","language":"en","template_type":"section","network_id":"aa71465a-a087-11ec-8680-73c03cf16654","podcast_id":"b1c9fd44-b431-11ec-90ef-133914fde813","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"podcastslogo"},"node_type":"section"}]},{"id":"/live/","website":"reuters","name":"Live","page_title":"Live","language":"en","template_type":"section","type":"section","advertising":{"sponsor_logo_type":"livelogo"},"node_type":"section"},{"id":"/fact-check/","website":"reuters","name":"Fact Check","description":"Examining social media narratives and misinformation","page_title":"Reuters Fact Check","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"fact-checklogo"},"node_type":"section"},{"id":"/video/","website":"reuters","name":"Video","page_title":"Video","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"videologo"},"node_type":"section"},{"id":"/media-center/","website":"reuters","name":"Media Center","description":"Latest news and announcements from the Reuters press team.","editorial_description":"In 1850, Baron Julius Reuter turned speed into an advantage—using carrier pigeons to move market prices faster than anyone else. Today, 175 years later, Reuters continues to deliver fast, accurate and fact-based news through its more than 2,600 journalists in 200 locations worldwide and cutting-edge use of AI and technology.","page_title":"Media Center","language":"en","template_type":"section","type":"section","advertising":{"sponsor_logo_type":"mdeiacenterlogo"},"node_type":"section","children":[{"id":"/media-center/announcements/","website":"reuters","name":"Announcements","description":"Latest news and announcements from the Reuters press team.","editorial_description":"In 1850, Baron Julius Reuter turned speed into an advantage—using carrier pigeons to move market prices faster than anyone else. Today, 175 years later, Reuters continues to deliver fast, accurate and fact-based news through its more than 2,600 journalists in 200 locations worldwide and cutting-edge use of AI and technology.","page_title":"Announcements","language":"en","template_type":"section","type":"section","node_type":"section"},{"id":"/media-center/awards/","website":"reuters","name":"Awards","description":"Latest news and announcements from the Reuters press team.","editorial_description":"In 1850, Baron Julius Reuter turned speed into an advantage—using carrier pigeons to move market prices faster than anyone else. Today, 175 years later, Reuters continues to deliver fast, accurate and fact-based news through its more than 2,600 journalists in 200 locations worldwide and cutting-edge use of AI and technology.","page_title":"Awards","language":"en","template_type":"section","type":"section","node_type":"section"},{"id":"/media-center/inside-the-newsroom/","website":"reuters","name":"Inside the Newsroom","description":"Latest news and announcements from the Reuters press team.","editorial_description":"In 1850, Baron Julius Reuter turned speed into an advantage—using carrier pigeons to move market prices faster than anyone else. Today, 175 years later, Reuters continues to deliver fast, accurate and fact-based news through its more than 2,600 journalists in 200 locations worldwide and cutting-edge use of AI and technology.","page_title":"Inside the Newsroom","language":"en","template_type":"section","type":"section","node_type":"section"},{"id":"/media-center/people-news/","website":"reuters","name":"People News","description":"Latest news and announcements from the Reuters press team.","editorial_description":"In 1850, Baron Julius Reuter turned speed into an advantage—using carrier pigeons to move market prices faster than anyone else. Today, 175 years later, Reuters continues to deliver fast, accurate and fact-based news through its more than 2,600 journalists in 200 locations worldwide and cutting-edge use of AI and technology.","page_title":"People News","language":"en","template_type":"section","type":"section","node_type":"section"}]},{"id":"/sponsored/","website":"reuters","name":"Sponsored Content","page_title":"Sponsored Content","language":"en","template_type":"section","type":"section","advertising":{"sponsor_logo_type":"sponsoredlogo"},"node_type":"section","children":[{"id":"/sponsored/reuters-plus/","website":"reuters","name":"Reuters Plus","page_title":"Reuters Plus","language":"en","template_type":"section","type":"section","advertising":{"sponsor_logo_type":"sponsoredreuterspluslogo"},"node_type":"section"},{"id":"/press-releases/","website":"reuters","name":"Press Releases","page_title":"Press Releases","language":"en","template_type":"section","type":"section","advertising":{"sponsor_logo_type":"press-releaseslogo"},"node_type":"section"}]}],"response_time":1791012923886},"_id":"b05b1d58a85f1c63e2e7085541c186184802afae51cc78a5ffd256ed098175cc"},"expires":1791013223888,"lastModified":1791012923783}},"video-channel-by-id-v1":{"{\"id\":\"MarketsNow\",\"limit\":10,\"region\":\"US\"}":{"data":{"statusCode":200,"message":"Success","result":{"advertising":{"ad_unit_path":"/4735792/reuters.com/video/marketsnow","mobile_ad_unit_path":"/4735792/app.reuters/video/marketsnow"},"id":"MarketsNow","length":10,"title":"Markets Now","videos":[{"id":"RW714402102026RP1","type":"video","subtype":"application/x-mpegURL","external_id":"RW714402102026RP1","title":"Stocks close higher as soft jobs data cools rate-hike bets","description":"US stocks advanced on Friday to close out the trading week after weaker-than-expected jobs data dampened expectations for a rate hike from the Federal Reserve at its policy meeting this month. Lisa Bernhard reports.","duration":115.03,"transcript_data":{"transcript":"US stocks rallied on Friday, with the Dow gaining half a percent, the S&P 500 adding about three-quarters of a percent and the Nasdaq climbing more than one percent. Megacap stocks helped lead Friday's gains, with Nvidia closing higher and Tesla jumping almost five percent. Jed Ellerbroek, portfolio manager at Argent Capital Management, said recent volatility in the tech sector should give way fourth quarter gains. 'We've gone from periods where kind of like an all-time momentum market led by the tech and data center companies from April, May, and June, and then just a really sharp reversal to the opposite of that in July and August. September was like somewhere in the middle, and it feels like now, here in October, before earnings season begins, the market is again appreciating and wanting more of the tech and data center CapEx beneficiary companies ahead of what's going to be an exceptionally Strong earnings season from those tech companies here in three weeks.' But shares of data storage providers fell, with Western Digital and Seagate Technology both tumbling about 10 percent. The plunge came after a report that Japanese technology group Toshiba plans to double its production capacity for hard disk drives used in AI data centers within fiscal 2027. Elsewhere in the market, shares of Nike stumbled more than 3 percent after the sportswear company forecast a surprise steep drop in annual revenue due to weakness in China, announced job cuts, And decided to shake up its global business divisions. Meanwhile, weaker-than-anticipated jobs data lowered expectations for a rate hike from the Federal Reserve this month to around 20 percent, according to CME's FedWatch tool."},"published_time":"2026-10-02T22:24:26Z","updated_time":"2026-10-02T22:24:26Z","thumbnail":{"url":"https://ajo.prod.reuters.tv/api/v2/img/6ac02e95e4b00e902ff5cffa-1790979827799","caption":"US stocks advanced on Friday to close out the trading week after weaker-than-expected jobs data dampened expectations for a rate hike from the Federal Reserve at its policy meeting this month. Lisa Bernhard reports.","type":"image","resizer_url":"https://ajo.prod.reuters.tv/api/v2/img/6ac02e95e4b00e902ff5cffa-1790979827799"},"source":{"hls":"https://ajo.prod.reuters.tv/v3/playlist/789458/master.m3u8"},"channels":[{"id":"6ffc0233e09c26943b265ef3abd575b2d872818b","name":"Business","regions":["US"]},{"id":"Markets","name":"Markets","regions":["US"]},{"id":"MarketsNow","name":"Markets Now","regions":["US"]}],"advert_info":{"advert_params":[{"key":"adfriendly","value":true}],"advert_zone":"/4735792/reuters.com"},"meta_data":[{"key":"link","value":"tag:reuters.com,2026:newsml_RW714402102026RP1:4"},{"key":"byline","value":"NEW YORK, NEW YORK + ST. LOUIS, MISSOURI, USA + VARIOUS"},{"key":"hidden","value":"false"},{"key":"region","value":"Remote"},{"key":"dateline","value":"Reuters, Reuters, OCT 02"},{"key":"lmp-feed","value":"lp"},{"key":"copyright","value":"(c) 2026 Thomson Reuters, unless otherwise identified. Full statement available at https://www.thomsonreuters.com/en/policies/copyright.html"},{"key":"package-mood","value":"Neutral"},{"key":"package-notes","value":"STOCK MARKET, DOW, S&P 500, NASDAQ, TREASURY YIELDS, BONDS"},{"key":"package-format","value":"Other"},{"key":"publisher-name","value":"reuters.com"},{"key":"upstream-title","value":"Stocks close higher as soft jobs data cools rate-hike bets"},{"key":"external-asset-id","value":"285_RW714402102026RP1"},{"key":"package-no-social","value":"Yes"},{"key":"package-restrictions","value":"Broadcast: Must not obscure courtesy. Digital: Must not obscure courtesy. . For Reuters customers only."},{"key":"upstream-description","value":"US stocks advanced on Friday to close out the trading week after weaker-than-expected jobs data dampened expectations for a rate hike from the Federal Reserve at its policy meeting this month. Lisa Bernhard reports."},{"key":"upstream-channel-code","value":"CLE548"}],"usn":"RW714402102026RP1"},{"id":"RW714002102026RP1","type":"video","subtype":"application/x-mpegURL","external_id":"RW714002102026RP1","title":"AI buildout in 'middle innings,' Nvidia a buy, portfolio manager says","description":"Jed Ellerbroek, portfolio manager at Argent Capital Management, said that with the US \"in the middle innings of the data center buildout,\" companies such as Nvidia \"are good investments today.\"","duration":83.6,"transcript_data":{"transcript":"I think we're in an unprecedented economy and stock market because we have on the one hand rising and fairly high interest rates. which will pinch consumer spending and economic activity broadly, alongside this massive generational build-out of new Computing power, and that is enabling all kinds of new use cases for both businesses and consumers, and the adoption of these AI tools is happening. At a speed that we've never seen before with a new technology. So it's really difficult to handicap future economic activity or the stock. Market during times of unprecedented change. That's where we find ourselves today. I think that we are in the middle innings of the data center build out. I don't think that we are approaching the end. It's not fair to say that. We're at the beginning anymore either. So I think this has, I think that this data center build-out has years to go. I think companies like Nvidia are good investments today. I also think that the big tech companies, broadly speaking, are reasonably attractively priced after struggling the last few months. And I think that their businesses are still performing exceptionally well. And I think that they're earning a high return on the data center investments they're making. So companies like Google and Amazon and Microsoft and Meta are companies that will do tremendously well going forward."},"published_time":"2026-10-02T20:54:50Z","updated_time":"2026-10-02T20:54:52Z","thumbnail":{"url":"https://ajo.prod.reuters.tv/api/v2/img/6ac01991e4b0142a92dc0041","caption":"Jed Ellerbroek, portfolio manager at Argent Capital Management, said that with the US \"in the middle innings of the data center buildout,\" companies such as Nvidia \"are good investments today.\"","type":"image","resizer_url":"https://ajo.prod.reuters.tv/api/v2/img/6ac01991e4b0142a92dc0041"},"source":{"hls":"https://ajo.prod.reuters.tv/v3/playlist/789454/master.m3u8"},"channels":[{"id":"6ffc0233e09c26943b265ef3abd575b2d872818b","name":"Business","regions":["US"]},{"id":"Markets","name":"Markets","regions":["US"]},{"id":"MarketsNow","name":"Markets Now","regions":["US"]}],"advert_info":{"advert_params":[{"key":"adfriendly","value":true}],"advert_zone":"/4735792/reuters.com"},"meta_data":[{"key":"link","value":"tag:reuters.com,2026:newsml_RW714002102026RP1:4"},{"key":"byline","value":"ST. LOUIS, MISSOURI, UNITED STATES"},{"key":"hidden","value":"false"},{"key":"region","value":"Remote"},{"key":"dateline","value":"Reuters, Reuters, OCT 02"},{"key":"lmp-feed","value":"lp"},{"key":"copyright","value":"(c) 2026 Thomson Reuters, unless otherwise identified. Full statement available at https://www.thomsonreuters.com/en/policies/copyright.html"},{"key":"package-mood","value":"Neutral"},{"key":"package-notes","value":"economy, markets, stocks, NVDA, GOOG, AMZN"},{"key":"package-format","value":"Other"},{"key":"publisher-name","value":"reuters.com"},{"key":"upstream-title","value":"AI buildout in 'middle innings,' Nvidia a buy, portfolio manager says"},{"key":"external-asset-id","value":"285_RW714002102026RP1"},{"key":"package-no-social","value":"Yes"},{"key":"package-restrictions","value":"Broadcast: None. Digital: None.. For Reuters customers only."},{"key":"upstream-description","value":"Jed Ellerbroek, portfolio manager at Argent Capital Management, said that with the US \"in the middle innings of the data center buildout,\" companies such as Nvidia \"are good investments today.\""},{"key":"upstream-channel-code","value":"CLE548"}],"usn":"RW714002102026RP1"},{"id":"RW713902102026RP1","type":"video","subtype":"application/x-mpegURL","external_id":"RW713902102026RP1","title":"Amazon a top buy in 'weird' year for markets, says portfolio manager","description":"Jed Ellerbroek, portfolio manager at Argent Capital Management, said that during this time of \"enormous volatility,\" Amazon stock is \"the single thing that I'm most excited to invest in today.\"","duration":78.66,"transcript_data":{"transcript":"The really fun and weird and interesting thing about 2026 has been at the index level, markets have done well and they've been pretty consistent. But at the single stock and industry level, we've seen enormous volatility. And so, if you're my parents and you look at the stock market once a week. You think everything is fine and dandy and pretty calm. But if you're in my job looking at stock prices all day, every day, it feels like this year has been five years worth of action. And so, and I think that's going to continue. And it goes back to that unprecedented conditions we find ourselves in, both with the economy and interest rates in the AI CapEx build out and just the size of it relative to everything else. So, I expect continued, really high, single-stock volatility amidst a generally rising equity market. If you told me to pick a single thing that I'm most excited to invest in today, I would say Amazon stock. I think that company's doing... Tremendously well. I think both of their businesses are really compelling, both retail, You know, where we all have a few more packages arriving at our doorstep every six months or so. And then their cloud computing unit which is the biggest in the world. They invented that industry 20 or 25 years ago, And they continue to lead it and grow at a really rapid rate."},"published_time":"2026-10-02T20:12:48Z","updated_time":"2026-10-02T20:12:50Z","thumbnail":{"url":"https://ajo.prod.reuters.tv/api/v2/img/6ac00fc9e4b00e902ff5cff2","caption":"Jed Ellerbroek, portfolio manager at Argent Capital Management, said that during this time of \"enormous volatility,\" Amazon stock is \"the single thing that I'm most excited to invest in today.\"","type":"image","resizer_url":"https://ajo.prod.reuters.tv/api/v2/img/6ac00fc9e4b00e902ff5cff2"},"source":{"hls":"https://ajo.prod.reuters.tv/v3/playlist/789451/master.m3u8"},"channels":[{"id":"6ffc0233e09c26943b265ef3abd575b2d872818b","name":"Business","regions":["US"]},{"id":"Markets","name":"Markets","regions":["US"]},{"id":"MarketsNow","name":"Markets Now","regions":["US"]}],"advert_info":{"advert_params":[{"key":"adfriendly","value":true}],"advert_zone":"/4735792/reuters.com"},"meta_data":[{"key":"link","value":"tag:reuters.com,2026:newsml_RW713902102026RP1:4"},{"key":"byline","value":"ST. LOUIS, MISSOURI, UNITED STATES"},{"key":"hidden","value":"false"},{"key":"region","value":"Remote"},{"key":"dateline","value":"Reuters, Reuters, OCT 02"},{"key":"lmp-feed","value":"lp"},{"key":"copyright","value":"(c) 2026 Thomson Reuters, unless otherwise identified. Full statement available at https://www.thomsonreuters.com/en/policies/copyright.html"},{"key":"package-mood","value":"Neutral"},{"key":"package-notes","value":"stock market, tech, AMZN, amazon, investing"},{"key":"package-format","value":"Other"},{"key":"publisher-name","value":"reuters.com"},{"key":"upstream-title","value":"Amazon a top buy in 'weird' year for markets, says portfolio manager"},{"key":"external-asset-id","value":"285_RW713902102026RP1"},{"key":"package-no-social","value":"Yes"},{"key":"package-restrictions","value":"Broadcast: None. Digital: None.. For Reuters customers only."},{"key":"upstream-description","value":"Jed Ellerbroek, portfolio manager at Argent Capital Management, said that during this time of \"enormous volatility,\" Amazon stock is \"the single thing that I'm most excited to invest in today.\""},{"key":"upstream-channel-code","value":"CLE548"}],"usn":"RW713902102026RP1"},{"id":"RW702902102026RP1","type":"video","subtype":"application/x-mpegURL","external_id":"RW702902102026RP1","title":"Market Talk: Is the bond selloff coming for the AI boom?","description":"Stock traders are debating when the bond selloff will finally hurt a resilient U.S. stock market, as small caps, banks and utilities are already feeling the pressure. Mikhail Zverev from Amati Global Investors told Reuters that rising yields could spell trouble for the AI trade, as the higher cost of money puts even more scrutiny on the returns from huge spending.","duration":301.16,"transcript_data":{"transcript":"'The bond market is throwing a tantrum, but when does Wall Street get caught in the crossfire? The 10-year Treasury yield has surged to levels not seen since 2002, Putting fresh pressure on a US stock market that so far proved remarkably resilient. But beneath the surface, the damage is already mounting. Small caps, banks and utilities, some of the most rate-sensitive corners of the markets, are taking a beating, even as the major indexes remain close to a record high. So, is Wall Street underestimating the fallout? Let's ask Mikhail Zverev, fund manager for Amati Global Investors. So, Mikhail, the S&P 500 eco-weighted index is heading for a seven straight week of losses. Is that the clearest warning yet that the weakness beneath the headline index is getting harder to ignore?' 'I think so. I mean, interest rates really matter. They matter in a number of places. You know, one of the obvious ones is industrial investment decisions. They are often sensitive to interest rates. You know, that's what make ROIs work or not under the decision making. And, you know, industrial capex is a big economic factor. It's actually important for us in our portfolio. We have significant exposure to industrial technology. And while what our companies do is very special and could be structurally advantaged, ultimately, they are also dependent on the appetite of industrial companies to invest. So, we're quite sensitive to that. The other obvious place to worry about is housing supply chain. Obviously, mortgage rates matter for housing decisions. And again, companies exposed to that will be feeling the heat.' 'Let's talk about the outlook for tech stocks and they suffered two downgrades last month amid lofty expectations and rising debt. So, could the bond sell-off finally start to hit the AI and tech trade as well?' 'It shouldn't help. I mean, interestingly enough, one of the reasons behind the increasing interest rates is postulated. I don't think it's proven that some of the bond markets are being crowded out by this enormous borrowing to fund AI data center build out. It is remarkable that we've been discussing that treasury markets can be crowded out by private sector borrowers. But, you know, the numbers are so material that it's not a trivial matter. Of course, the main debate around AI CapEx is what is the ROI on that CapEx? And again, like in our conversation about industrial CapEx, high interest rates do not help, especially if you finance that build out with debt. So, it is definitely an incremental headwind.' 'Let's talk about Oura. It's the latest company to delay its US IPO, citing uncertainty in the new issues markets. So, stocks are holding up so well. Why is the IPO market sounding the alarm?' 'I don't know much about Oura's decision. It is a private company. We don't have full detail. You know, we obviously had similar discussions around the big frontier labs. We don't know when Anthropic is coming to list, But OpenAI has talked about maybe navigating this difficult patch remaining as a private company. So, you know, this febrile atmosphere in the markets is not helping. We'll see if Oura comes back. One of our portfolio companies, Dexcom, which makes glucose monitoring, A wearable health sensor serving diabetics and health conscious consumers is partnering with Oura, so we wish them all the best.' 'But what about Anthropic? Will concerns about the risks of AI discourage investors for its IPO? Will it still command a $2 trillion valuation.' 'Hard to say. I mean, we are, I would describe it as, pragmatic optimists about AI. The emphasis is on pragmatic. We are not completely convinced that Frontier Labs modes are sustainable and defendable. A lot of really useful stuff that AI can do in the real world is not—it does not require, you know, A supercomputer that read Shakespeare and can write poetry on that level. You know, it's narrow industrial users, not narrow kind of office workflow users that can be done by smaller, cheaper models. We're seeing a lot of that. We're seeing IT services industry playing an important role in that. We're focusing on that. We're leaving the intellectual debate about the role of Frontier Labs kind of aside. We're not participating in that.' 'So finally, Mikhail, Meta's Muse AI agent has helped trigger a sell-off in financial stocks by threatening consumer inertia. So, is this the start of another software-driven shakeout, or could the sell-off create an opportunity?' 'It is a really interesting product. We've seen really compelling reviews. I would agree with the notion that business models that depend on inertia, and that includes switching from one bank account to another, includes spending air miles effectively, includes lots of other consumer-sort-of-stickiness business models. AI agents will make it easier to switch. So, we're conscious of that. We don't have anything in our portfolio that relies on consumer not noticing that it's being gently ripped off. And if Muse agent does it better for us, so much the better for us.' 'That was Mikhail Zverev from Amati Global Investors. Don't forget you can watch more videos on Reuters.com'"},"published_time":"2026-10-02T11:00:19Z","updated_time":"2026-10-02T11:02:41Z","thumbnail":{"url":"https://ajo.prod.reuters.tv/api/v2/img/6abf8dd7e4b0142a92dbff41-1790938960648","caption":"Stock traders are debating when the bond selloff will finally hurt a resilient U.S. stock market, as small caps, banks and utilities are already feeling the pressure. Mikhail Zverev from Amati Global Investors told Reuters that rising yields could spell trouble for the AI trade, as the higher cost of money puts even more scrutiny on the returns from huge spending.","type":"image","resizer_url":"https://ajo.prod.reuters.tv/api/v2/img/6abf8dd7e4b0142a92dbff41-1790938960648"},"source":{"hls":"https://ajo.prod.reuters.tv/v3/playlist/789414/master.m3u8"},"channels":[{"id":"6ffc0233e09c26943b265ef3abd575b2d872818b","name":"Business","regions":["US"]},{"id":"HPUS","name":"RCOM Homepage US","regions":["US"]},{"id":"Markets","name":"Markets","regions":["US"]},{"id":"MarketsNow","name":"Markets Now","regions":["US"]},{"id":"market-talk","name":"Market Talk","regions":["US"]}],"advert_info":{"advert_params":[{"key":"adfriendly","value":true}],"advert_zone":"/4735792/reuters.com"},"meta_data":[{"key":"link","value":"tag:reuters.com,2026:newsml_RW702902102026RP1:4"},{"key":"byline","value":"London, UK"},{"key":"hidden","value":"false"},{"key":"region","value":"Remote"},{"key":"dateline","value":"Reuters, Reuters, OCT 02"},{"key":"lmp-feed","value":"lp"},{"key":"copyright","value":"(c) 2026 Thomson Reuters, unless otherwise identified. Full statement available at https://www.thomsonreuters.com/en/policies/copyright.html"},{"key":"package-mood","value":"Neutral"},{"key":"package-notes","value":"Meta, IPO, Muse, Anthropic, Treasuries, Oura, Yields, Bonds, Software, Ai"},{"key":"package-format","value":"Other"},{"key":"publisher-name","value":"reuters.com"},{"key":"upstream-title","value":"Market Talk: Is the bond selloff coming for the AI boom?"},{"key":"external-asset-id","value":"285_RW702902102026RP1"},{"key":"package-no-social","value":"Yes"},{"key":"package-restrictions","value":"For Reuters platforms only. . For Reuters customers only."},{"key":"upstream-description","value":"Stock traders are debating when the bond selloff will finally hurt a resilient U.S. stock market, as small caps, banks and utilities are already feeling the pressure. Mikhail Zverev from Amati Global Investors told Reuters that rising yields could spell trouble for the AI trade, as the higher cost of money puts even more scrutiny on the returns from huge spending."},{"key":"upstream-channel-code","value":"vty454"}],"usn":"RW702902102026RP1"},{"id":"RW690801102026RP1","type":"video","subtype":"application/x-mpegURL","external_id":"RW690801102026RP1","title":"Equities rebound to close higher as surging Treasury yields recede","description":"US stocks recovered from early losses to close slightly higher on Thursday, with the S&P 500 bouncing from a two-week low as a global bond selloff reversed course after sending US Treasury yields to multi-decade highs. Lisa Bernhard reports.","duration":95.7,"transcript_data":{"transcript":"U.S. stocks closed marginally higher on Thursday, with all three indexes recovering from early losses. The S&P 500 was the highest percentage gainer, adding about two-tenths of a percent. The benchmark index bounced back from an early two-week low as a global bond sell-off reversed course after sending U.S. Treasury yields to multi-decade highs. Brad Bernstein is managing director at UBS Private Wealth Management. 'So we've seen this incredible rally and yields coming down, which led to the stock market reversing. We've also seen the CME projections for the Fed hikes that are upcoming, specifically the one this month. It's now October 1st, the one October 28th. The odds of an increase have now gone from 70 percent yes last week to 30 percent yes today. So it's almost like the the October hike was taken off the table.' Stocks on the move Thursday included Micron Technology, which gained 3% as a better-than-expected revenue forecast and $32 billion in customer commitments under its supply agreements reinforced faith in the AI trade. And shares of Nike tumbled about 5 percent in extended trading After the struggling sportswear giant announced a plan to cut more jobs and projected a surprisingly steep drop in full-year revenue. On Friday, the Labor Department releases its monthly non-farm payrolls report, which may offer clues on where Fed policy is headed."},"published_time":"2026-10-01T23:17:03Z","updated_time":"2026-10-01T23:17:04Z","thumbnail":{"url":"https://ajo.prod.reuters.tv/api/v2/img/6abee985e4b00e902ff5cd70-1790896587235","caption":"US stocks recovered from early losses to close slightly higher on Thursday, with the S&P 500 bouncing from a two-week low as a global bond selloff reversed course after sending US Treasury yields to multi-decade highs. Lisa Bernhard reports.","type":"image","resizer_url":"https://ajo.prod.reuters.tv/api/v2/img/6abee985e4b00e902ff5cd70-1790896587235"},"source":{"hls":"https://ajo.prod.reuters.tv/v3/playlist/789377/master.m3u8"},"channels":[{"id":"6ffc0233e09c26943b265ef3abd575b2d872818b","name":"Business","regions":["US"]},{"id":"HPUS","name":"RCOM Homepage US","regions":["US"]},{"id":"Markets","name":"Markets","regions":["US"]},{"id":"MarketsNow","name":"Markets Now","regions":["US"]}],"advert_info":{"advert_params":[{"key":"adfriendly","value":true}],"advert_zone":"/4735792/reuters.com"},"meta_data":[{"key":"link","value":"tag:reuters.com,2026:newsml_RW690801102026RP1:4"},{"key":"byline","value":"NEW YORK, NEW YORK + PHILADELPHIA, PENNSYLVANIA, USA + VARIOUS"},{"key":"hidden","value":"false"},{"key":"region","value":"Remote"},{"key":"dateline","value":"Reuters, Reuters, OCT 01"},{"key":"lmp-feed","value":"lp"},{"key":"copyright","value":"(c) 2026 Thomson Reuters, unless otherwise identified. Full statement available at https://www.thomsonreuters.com/en/policies/copyright.html"},{"key":"package-mood","value":"Neutral"},{"key":"package-notes","value":"STOCK MARKET, DOW, S&P 500, NASDAQ, TREASURY YIELDS, BONDS"},{"key":"package-format","value":"Other"},{"key":"publisher-name","value":"reuters.com"},{"key":"upstream-title","value":"Equities rebound to close higher as surging Treasury yields recede"},{"key":"external-asset-id","value":"285_RW690801102026RP1"},{"key":"package-no-social","value":"Yes"},{"key":"package-restrictions","value":"Broadcast: None. Digital: None.. For Reuters customers only."},{"key":"upstream-description","value":"US stocks recovered from early losses to close slightly higher on Thursday, with the S&P 500 bouncing from a two-week low as a global bond selloff reversed course after sending US Treasury yields to multi-decade highs. Lisa Bernhard reports."},{"key":"upstream-channel-code","value":"CLE548"}],"usn":"RW690801102026RP1"},{"id":"RW689201102026RP1","type":"video","subtype":"application/x-mpegURL","external_id":"RW689201102026RP1","title":"'Epic' bond market reversal tied to lower rate-hike odds, expert says","description":"Brad Bernstein, managing director at UBS Private Wealth Management, explains why he believes Thursday's (October 1) bond selloff reversed course midday after sending US Treasury yields to multi-decade highs.","duration":64.26,"transcript_data":{"transcript":"So far midday today, we've seen an epic reversal in the bond market, and there's no exact reason why we saw yields hit all time record. 25-year highs this morning with the tenure over 531, got down to about 520 in the last 20 minutes. So we've seen this incredible rally. And yields coming down, which led to the stock market reversing. We've also seen the CME projections for the Fed hikes. That are upcoming, specifically the one this month, it's now October 1st, the one October 28th, The odds of an increase have now gone from 70% yes last week to 30%. today, but today's reversal, I think there's no exact signs as to why. I think my guess would be positioning and short covering. There's a heavily shorted trade out there in the fund, in the institutional world of shorting treasuries. And I think they're coming in and covering their shorts a little bit because I believe the October increase was taken off the table in the last week."},"published_time":"2026-10-01T19:48:51Z","updated_time":"2026-10-01T19:48:51Z","thumbnail":{"url":"https://ajo.prod.reuters.tv/api/v2/img/6abeb8d5e4b00e902ff5cd2f-1790884064473","caption":"Brad Bernstein, managing director at UBS Private Wealth Management, explains why he believes Thursday's (October 1) bond selloff reversed course midday after sending US Treasury yields to multi-decade highs.","type":"image","resizer_url":"https://ajo.prod.reuters.tv/api/v2/img/6abeb8d5e4b00e902ff5cd2f-1790884064473"},"source":{"hls":"https://ajo.prod.reuters.tv/v3/playlist/789367/master.m3u8"},"channels":[{"id":"6ffc0233e09c26943b265ef3abd575b2d872818b","name":"Business","regions":["US"]},{"id":"Markets","name":"Markets","regions":["US"]},{"id":"MarketsNow","name":"Markets Now","regions":["US"]}],"advert_info":{"advert_params":[{"key":"adfriendly","value":true}],"advert_zone":"/4735792/reuters.com"},"meta_data":[{"key":"link","value":"tag:reuters.com,2026:newsml_RW689201102026RP1:4"},{"key":"byline","value":"PHILADELPHIA, PENNSYLVANIA, UNITED STATES"},{"key":"hidden","value":"false"},{"key":"region","value":"Remote"},{"key":"dateline","value":"Reuters, Reuters, OCT 01"},{"key":"lmp-feed","value":"lp"},{"key":"copyright","value":"(c) 2026 Thomson Reuters, unless otherwise identified. Full statement available at https://www.thomsonreuters.com/en/policies/copyright.html"},{"key":"package-mood","value":"Neutral"},{"key":"package-notes","value":"economy, interest rates, bond yields, stock market, federal reserve"},{"key":"package-format","value":"Other"},{"key":"publisher-name","value":"reuters.com"},{"key":"upstream-title","value":"'Epic' bond market reversal tied to lower rate-hike odds, expert says"},{"key":"external-asset-id","value":"285_RW689201102026RP1"},{"key":"package-no-social","value":"Yes"},{"key":"package-restrictions","value":"Broadcast: None. Digital: None.. For Reuters customers only."},{"key":"upstream-description","value":"Brad Bernstein, managing director at UBS Private Wealth Management, explains why he believes Thursday's (October 1) bond selloff reversed course midday after sending US Treasury yields to multi-decade highs."},{"key":"upstream-channel-code","value":"CLE548"}],"usn":"RW689201102026RP1"},{"id":"RW689601102026RP1","type":"video","subtype":"application/x-mpegURL","external_id":"RW689601102026RP1","title":"Five reasons why a market expert is bullish on stocks into 2027","description":"Despite geopolitical uncertainty and recent market volatility, Brad Bernstein, managing director for UBS Private Wealth Management, said he believes stocks will continue to climb higher into 2027.","duration":118.36,"transcript_data":{"transcript":"So we are very positive and constructive for markets heading into the new year. Stocks over the long run are driven by earnings. Earnings this year are about 25 plus percent. Over last year, which is unprecedented. And what is that? We all know what's driving it. It's been driven by the AI spending. Which is flowing through every area of the economy, With over $8 trillion in money flowing into every area of the economy. And that is not going to be impacted by if oil is 90, 80, 70, or 100. That's number one. Number two: seasonality. Historically, September is the worst month of the year. It was down a little bit. Bonds had their worst month in many years. But most indices were negative last month, so right apart for the course. Going into the next three or so months, this is seasonally the best time of the year. Number three, midterms. Midterms are historically actually really bullish for the markets. So we've had since 1950, nineteen midterm elections. Since 1950, over the last 76 years, not one year later, so November 3rd to November 3rd next year, the last nineteen midterms, the market's up 19 out of 19. On average, 16-17% on average. So coming out of a midterm has historically been very bullish for the market. Number four: we are entering next year President Trump's third year in office. Historically, it's by far and away the best year for the markets under a presidency, 15 to 17% average returns in the third year of her presidency, versus 10 on average, and then fifth... When the truce happens again with Iran and I don't know that's today next week, next month, in the next couple of months, we will get one. That will be an inevitable catalyst again, like it was the summer that sent us to highs. We've kind of been stuck since that truce kind of broke up and oil went back from 70 to close to 100 in the low 90s today."},"published_time":"2026-10-01T19:51:59Z","updated_time":"2026-10-01T19:52:00Z","thumbnail":{"url":"https://ajo.prod.reuters.tv/api/v2/img/6abeb97be4b00e902ff5cd31-1790884293288","caption":"Despite geopolitical uncertainty and recent market volatility, Brad Bernstein, managing director for UBS Private Wealth Management, said he believes stocks will continue to climb higher into 2027.","type":"image","resizer_url":"https://ajo.prod.reuters.tv/api/v2/img/6abeb97be4b00e902ff5cd31-1790884293288"},"source":{"hls":"https://ajo.prod.reuters.tv/v3/playlist/789368/master.m3u8"},"channels":[{"id":"6ffc0233e09c26943b265ef3abd575b2d872818b","name":"Business","regions":["US"]},{"id":"Markets","name":"Markets","regions":["US"]},{"id":"MarketsNow","name":"Markets Now","regions":["US"]}],"advert_info":{"advert_params":[{"key":"adfriendly","value":true}],"advert_zone":"/4735792/reuters.com"},"meta_data":[{"key":"link","value":"tag:reuters.com,2026:newsml_RW689601102026RP1:4"},{"key":"byline","value":"PHILADELPHIA, PENNSYLVANIA, UNITED STATES"},{"key":"hidden","value":"false"},{"key":"region","value":"Remote"},{"key":"dateline","value":"Reuters, Reuters, OCT 01"},{"key":"lmp-feed","value":"lp"},{"key":"copyright","value":"(c) 2026 Thomson Reuters, unless otherwise identified. Full statement available at https://www.thomsonreuters.com/en/policies/copyright.html"},{"key":"package-mood","value":"Neutral"},{"key":"package-notes","value":"economy, inflation, interest rates"},{"key":"package-format","value":"Other"},{"key":"publisher-name","value":"reuters.com"},{"key":"upstream-title","value":"Five reasons why a market expert is bullish on stocks into 2027"},{"key":"external-asset-id","value":"285_RW689601102026RP1"},{"key":"package-no-social","value":"Yes"},{"key":"package-restrictions","value":"Broadcast: None. Digital: None.. For Reuters customers only."},{"key":"upstream-description","value":"Despite geopolitical uncertainty and recent market volatility, Brad Bernstein, managing director for UBS Private Wealth Management, said he believes stocks will continue to climb higher into 2027."},{"key":"upstream-channel-code","value":"CLE548"}],"usn":"RW689601102026RP1"},{"id":"RW675301102026RP1","type":"video","subtype":"application/x-mpegURL","external_id":"RW675301102026RP1","title":"Macro Matters: Bond selloff 'reflects rising concerns around debt'","description":"Yields on the UK's government debt reached their highest since 1998 on Thursday, a global move reflected in U.S. and European bond yields too. Economist Liz Martins of HSBC told Reuters the selloff showed markets lack faith in governments' ability to get their debt under control. ","duration":369,"transcript_data":{"transcript":"The UK's long-term cost of borrowing surges to its highest since 1998. This is Macro Matters and we're talking UK government borrowing. 30-year yields surged to their highest since early 1998 on Tuesday morning, topping 6%. The market is now priced for a rate hike from the Bank of England in November or December, And another in February, even though policymakers have said they're reluctant to raise rates. While Liz Martins is a UK economist at HSBC, Liz, does this new bond sell-off reflect changing expectations for the Bank of England, or is it just following a global move? I think it is largely globally driven, but a lot of the factors that are driving expectations around the Bank of England are also common to the rest of the world as well, namely very high energy prices and food prices and inflation pressures in the pipeline, as well as fiscal concerns. Now, as it happens, you know, you mentioned the BOE being reluctant to raise interest rates, and I've shared that view for much of this year. But I think, you know, the longer this kind of energy crisis has gone on, the greater the pressure has built on the Bank of England. And so I have come around now to sharing the market's view that they will raise rates in November. But, you know, that's not the only story behind this guild market situation. It is a global sell-off. And I think a lot of that reflects rising concerns around, you know, developed market government debt, which levels are very, very high. And we're not seeing a particular ability or willingness on the part of governments. To get those under control. The UK though is still paying higher yield than comparable countries. Why does Britain continue to be so vulnerable to bond market sell-offs? So I think there's a few factors in there. I think one is we do have a slightly worse inflation, Recent inflation history than other countries. We do have, you know, some interesting bits in our recent fiscal history, Particularly around 2022 and the mini budget. And because we're talking about long-term guild yields, The 30-year in particular, that one also reflects a shift in who is buying. So pension funds are buying less of that long-term debt. So you've got a bit of a gap in the kind of demand side of the equation and all of those things have played into the UK being a little bit more vulnerable but the level is a bit higher but the general increase over the year is not particularly higher in the UK so it is a global story. We did find out yesterday that the UK economy grew faster than we were expecting in the second quarter, Meaning it was the fastest growing G7 economy in the first half of the year. How much room is there for optimism? There's always room for optimism, isn't there? I mean, you know, I was encouraged by the numbers. I mean, at the start of the year, I was feeling unusually optimistic for an economist. You know, I was thinking inflation is coming down, interest rates are coming down. The chancellor, the previous chancellor, had built in a bit more headroom. You know, it was looking good for this year. And then we had the big shock out of Iran at the end of February, and it felt like that had derailed the positivity. But actually, what the numbers yesterday showed is the UK had a really good Q2, and it was driven by consumption, it was driven by quite a good increase in business investment, but also exports as well. So it was across the board. We had a really good Q2, even with that shock that had emerged towards the end of Q1. So I think that's really encouraging. And there's a broader resilience picture If you look at the stress indicators, if you look at the redundancies, the bankruptcies, you know, they're still pretty low by historic standards. Having said that, I think we have to be realistic and say there are headwinds as we come towards the end of the year, particularly in the form of inflation. And interest rates rises. Prime Minister Andy Burnham threw an unexpected curveball this week by suggesting the UK could rejoin the EU. What could that mean for the economy? Well, look, I think leaving the EU has clearly had an economic price. I think if we look at, as I said, business investment is recovering now, but for a long time after that referendum, it flatlined. So that was a price, I think, that we paid. I think it's changed the shape of migration. It's played into inflation and wage growth, perhaps, you know, and it's had all kinds of impacts. And when we talk to our corporate customers, you know, a lot of them will still bring up Brexit as a factor and a headache for them. So I definitely think leaving the EU has been costly to the economy. You know, rejoining is a very long way away. And obviously, they're consulting and looking at all of the options. I would say, you know, clearly better trading relations with the EU would be really good for the economy and hopefully reverse some of the damage that has been done. But we must admit that it is not going to be a panacea, and the UK clearly has loads of other structural challenges like our demographics, the ageing population, structurally high costs of things like energy, the state of the public finances. All of those things are not going to be resolved overnight by re-entering the EU. Could a slightly closer relationship that Burnham might be able to negotiate with the EU such as rejoining a customs union make much difference or would the UK really need to rejoin the single market? Yeah, so the issue with the customs union alone is it means that the UK kind of takes on the rules and the tariffs of the EU. So it takes away that Brexit freedom that we have to do our own deals around the world. But the EU is still our largest trading partner. And so, you know, I think if you weigh it all up, then it probably is beneficial to be in that customs union, particularly for the exporters. But of course, you know, again, in terms of the wider impact, we must remember the UK is an 80% services economy. We are not a big manufacturing power. So it's great for those companies that are affected, but maybe not a panacea for the entire economy. That was Liz Martins of HSBC. Don't forget you can watch more videos on Reuters.com."},"published_time":"2026-10-01T12:33:45Z","updated_time":"2026-10-01T12:33:46Z","thumbnail":{"url":"https://ajo.prod.reuters.tv/api/v2/img/6abe5205e4b0142a92dbfd43","caption":"Yields on the UK's government debt reached their highest since 1998 on Thursday, a global move reflected in U.S. and European bond yields too. Economist Liz Martins of HSBC told Reuters the selloff showed markets lack faith in governments' ability to get their debt under control. ","type":"image","resizer_url":"https://ajo.prod.reuters.tv/api/v2/img/6abe5205e4b0142a92dbfd43"},"source":{"hls":"https://ajo.prod.reuters.tv/v3/playlist/789339/master.m3u8"},"channels":[{"id":"6ffc0233e09c26943b265ef3abd575b2d872818b","name":"Business","regions":["US"]},{"id":"Macro_Matters","name":"Macro Matters","regions":["US"]},{"id":"Markets","name":"Markets","regions":["US"]},{"id":"MarketsNow","name":"Markets Now","regions":["US"]}],"advert_info":{"advert_params":[{"key":"adfriendly","value":true}],"advert_zone":"/4735792/reuters.com"},"meta_data":[{"key":"link","value":"tag:reuters.com,2026:newsml_RW675301102026RP1:4"},{"key":"byline","value":"London, UK"},{"key":"hidden","value":"false"},{"key":"region","value":"Remote"},{"key":"dateline","value":"Reuters, Reuters, OCT 01"},{"key":"lmp-feed","value":"lp"},{"key":"copyright","value":"(c) 2026 Thomson Reuters, unless otherwise identified. Full statement available at https://www.thomsonreuters.com/en/policies/copyright.html"},{"key":"package-mood","value":"Neutral"},{"key":"package-notes","value":"bond markets, Bank of England"},{"key":"package-format","value":"Other"},{"key":"publisher-name","value":"reuters.com"},{"key":"upstream-title","value":"Macro Matters: Bond selloff 'reflects rising concerns around debt'"},{"key":"external-asset-id","value":"285_RW675301102026RP1"},{"key":"package-no-social","value":"Yes"},{"key":"package-restrictions","value":"For Reuters platforms only. . For Reuters customers only."},{"key":"upstream-description","value":"Yields on the UK's government debt reached their highest since 1998 on Thursday, a global move reflected in U.S. and European bond yields too. Economist Liz Martins of HSBC told Reuters the selloff showed markets lack faith in governments' ability to get their debt under control. "},{"key":"upstream-channel-code","value":"vty454"}],"usn":"RW675301102026RP1"},{"id":"RW674101102026RP1","type":"video","subtype":"application/x-mpegURL","external_id":"RW674101102026RP1","title":"Market Talk: 'If you sell the dollar, what else are you going to buy?'","description":"The dollar just wrapped up its best month since March, buoyed by rising U.S. Treasury yields and the Fed’s renewed fight against inflation. But Jane Foley from Rabobank told Reuters it’s also a story of what’s happening elsewhere - with so many forces weighing on other major currencies, the dollar should stay firm 'almost by default'. ","duration":267.03,"transcript_data":{"transcript":"The dollar has been on a serious winning streak, but can it keep the run going? The dollar just had its best month since March With the Fed's renewed focus on inflation pushing read expectations and US bond yields higher. Every major G10 currency except the yen lost ground against the greenback in September. But as we head into the fourth quarter, is the dollar beginning to look stretched? Well, let's ask Jane Foley, head of FX Strategy at Rabobank. So Jane, let's start with the softer than expected PCE, the Fed's preferred inflation gauge. It saw traders scale back bets on an October hike yesterday. So why didn't that take the wind out of the dollar? Well, interestingly, it does really suggest that there is more to it than just a rate story with respect to the dollar. Now, I do think that over the summer, it was that turnaround in Fed expectations for policy that did drive the dollar. Don't forget that at the start of the Iran war, well, the market was positioned for further Fed interest rate cuts. And here we are now in this tightening cycle. So certainly that was a significant driver of the dollar. But I do think there's a little bit more to it than that. I mean, for instance, if you look at the euro, the market was very long positioned of the euro at the start of the war. And now, despite a hawkish ECB and despite expectations, the ECB can also hike again this year. Well, the euro is not really finding much support from that. It's traded in a very lacklustre fashion. And that, I think, is related to its position as an energy importer. So from that point of view, the question has to be asked. Well, look, if you sell the dollar, what do you want to buy? And right now, it's not that easy to answer that question. Well, tension now turns to Friday's jobs report, with hiring expected to remain solid for a second month. So would another strong number be enough to put an October hike back on the table? Well, we think probably not. I mean, certainly it could certainly bring back the speculation of such an impact. But looking at that core PCE inflation, I think that is probably going to be more dominant. So probably by the end of the year, the Fed can certainly hike again. But I think right. Now, we don't have that urgency. And that, of course, has been mentioned by at least one of the Fed speakers this week. So yes, that Fed data is going to be very pivotal. But I think on the back of that softer core PCE, I think they're probably safe to assume that the Fed can allow. October to pass without an interest rate change. Jane we've touched on it but widening rate differentials and resilient US growth are forcing some dollar bears to rethink their positions. So we see options markets pointing to further gains but do you see the dollar staying strong into year end? I think the dollar can remain pretty firm into year-end. Again, we come back to this question, well, what else do you really want to buy? And if we look, for instance, at the yen, well, the yen certainly had a flurry last month, particularly the start of September. But since then, the market is still a little bit anxious that the Bank of Japan won't be able to keep pace with the Fed in terms of rate rises. Well, we've talked about the euro, too, that it's got a significant growth risk by way of the fact that it's an energy importer. And you look at sterling world, there's a budget coming up. So there's so many different factors undermining the other currencies that I think the dollar almost by default is going to remain pretty firm. Jane, let's finish with Sterling and in the UK new Prime Minister Andy Burnham surprised with a path to re-engage with the EU, even raising the prospect of a rejoining. So would even a whiff of return be enough to give Stirling a boost? Well, perhaps not yet, but I think that will happen if this conversation does gain ground. I mean, if we consider euro-sterling, well, the Euro has remained strong since that Brexit referendum in 2016 against sterling. Sterling's never been able to get back to those levels that it held ahead of that referendum in June 2016. So certainly, if we did have more of A push to close the ties with Europe, well, the trade flows alone would give sterling an advantage. But right now, we don't know if we're going to be talking about a customs union, return to the single market or full out EU membership. And we certainly don't know how Europe would react to that, never mind UK voters. So for now, I think sterling will perhaps bide its time. But in the future, when we get more concrete plans, yes, that is certainly a sterling positive factor. That was Jane Foley from Rabobank. Don't forget you can watch more videos on Reuters.com"},"published_time":"2026-10-01T10:39:59Z","updated_time":"2026-10-01T10:40:01Z","thumbnail":{"url":"https://ajo.prod.reuters.tv/api/v2/img/6abe3775e4b0142a92dbfc21","caption":"The dollar just wrapped up its best month since March, buoyed by rising U.S. Treasury yields and the Fed’s renewed fight against inflation. But Jane Foley from Rabobank told Reuters it’s also a story of what’s happening elsewhere - with so many forces weighing on other major currencies, the dollar should stay firm 'almost by default'. ","type":"image","resizer_url":"https://ajo.prod.reuters.tv/api/v2/img/6abe3775e4b0142a92dbfc21"},"source":{"hls":"https://ajo.prod.reuters.tv/v3/playlist/789325/master.m3u8"},"channels":[{"id":"6ffc0233e09c26943b265ef3abd575b2d872818b","name":"Business","regions":["US"]},{"id":"HPUS","name":"RCOM Homepage US","regions":["US"]},{"id":"Markets","name":"Markets","regions":["US"]},{"id":"MarketsNow","name":"Markets Now","regions":["US"]},{"id":"market-talk","name":"Market Talk","regions":["US"]}],"advert_info":{"advert_params":[{"key":"adfriendly","value":true}],"advert_zone":"/4735792/reuters.com"},"meta_data":[{"key":"link","value":"tag:reuters.com,2026:newsml_RW674101102026RP1:4"},{"key":"byline","value":"London, UK"},{"key":"hidden","value":"false"},{"key":"region","value":"Remote"},{"key":"dateline","value":"Reuters, Reuters, OCT 01"},{"key":"lmp-feed","value":"lp"},{"key":"copyright","value":"(c) 2026 Thomson Reuters, unless otherwise identified. Full statement available at https://www.thomsonreuters.com/en/policies/copyright.html"},{"key":"package-mood","value":"Neutral"},{"key":"package-notes","value":"Brexit, Nonfarm, Sterling, Inflation, Trump, Yen, Warsh, Jobs, Burnham, ECB, Interest Rates, Dollar, Euro, BOJ, Fed"},{"key":"package-format","value":"Other"},{"key":"publisher-name","value":"reuters.com"},{"key":"upstream-title","value":"Market Talk: 'If you sell the dollar, what else are you going to buy?'"},{"key":"external-asset-id","value":"285_RW674101102026RP1"},{"key":"package-no-social","value":"Yes"},{"key":"package-restrictions","value":"For Reuters platforms only. . For Reuters customers only."},{"key":"upstream-description","value":"The dollar just wrapped up its best month since March, buoyed by rising U.S. Treasury yields and the Fed’s renewed fight against inflation. But Jane Foley from Rabobank told Reuters it’s also a story of what’s happening elsewhere - with so many forces weighing on other major currencies, the dollar should stay firm 'almost by default'. "},{"key":"upstream-channel-code","value":"vty454"}],"usn":"RW674101102026RP1"},{"id":"RW664130092026RP1","type":"video","subtype":"application/x-mpegURL","external_id":"RW664130092026RP1","title":"US stocks end mixed after data shows moderate inflation rise","description":"Nasdaq climbed on Wednesday and the S&P 500 dipped, but both indexes notched their second straight quarterly gains, as a softer-than-anticipated inflation reading cooled expectations that Federal Reserve policymakers would hike rates in October. Lisa Bernhard reports.","duration":98.06,"transcript_data":{"transcript":"Wall Street's main indexes closed mixed on Wednesday, with the Dow dropping nearly nine-tenths of a percent the S&P 500 shedding a quarter of a percent and the Nasdaq adding about a quarter of a percent. Both the S&P and Nasdaq closed out the month with their second straight quarter of gains. Meanwhile, softer-than-expected inflation in August cooled bets on a Fed rate hike in October while second-quarter GDP was revised higher on solid consumer spending and the AI buildout. Jonathan Coleman is portfolio manager at Janus Henderson Investments. 'When we look at the economic data released today, I think we're looking at a continuation of trends that we've seen, which is moderate GDP growth. However, we're also seeing inflation above where the Federal Reserve would be comfortable. That resulted in the Fed recently raising rates. And I think expectations were reinforced this morning for maybe one more raise this year I think with inflationary pressures above the 2% expectation that the Fed would like long term. They're feeling the need to get that reined in. But by and large, the backdrop is supportive and robust for equities.' Stocks on the move Wednesday included Hewlett Packard Enterprise, which climbed about 4% after the AI server maker raised its long-term revenue growth forecast for its networking business and announced a $1.2 billion deal with Vultr. And shares of Moderna slumped more than 5% after Citigroup changed its rating on the biotech company from 'neutral' to 'sell'."},"published_time":"2026-09-30T23:35:23Z","updated_time":"2026-09-30T23:35:28Z","thumbnail":{"url":"https://ajo.prod.reuters.tv/api/v2/img/6abd9c2de4b0142a92dbfb3c-1790811223967","caption":"Nasdaq climbed on Wednesday and the S&P 500 dipped, but both indexes notched their second straight quarterly gains, as a softer-than-anticipated inflation reading cooled expectations that Federal Reserve policymakers would hike rates in October. Lisa Bernhard reports.","type":"image","resizer_url":"https://ajo.prod.reuters.tv/api/v2/img/6abd9c2de4b0142a92dbfb3c-1790811223967"},"source":{"hls":"https://ajo.prod.reuters.tv/v3/playlist/789278/master.m3u8"},"channels":[{"id":"6ffc0233e09c26943b265ef3abd575b2d872818b","name":"Business","regions":["US"]},{"id":"Markets","name":"Markets","regions":["US"]},{"id":"MarketsNow","name":"Markets Now","regions":["US"]}],"advert_info":{"advert_params":[{"key":"adfriendly","value":true}],"advert_zone":"/4735792/reuters.com"},"meta_data":[{"key":"link","value":"tag:reuters.com,2026:newsml_RW664130092026RP1:4"},{"key":"byline","value":"NEW YORK, NEW YORK, USA + VARIOUS"},{"key":"hidden","value":"false"},{"key":"region","value":"Remote"},{"key":"dateline","value":"Reuters, Reuters, SEP 30"},{"key":"lmp-feed","value":"lp"},{"key":"copyright","value":"(c) 2026 Thomson Reuters, unless otherwise identified. Full statement available at https://www.thomsonreuters.com/en/policies/copyright.html"},{"key":"package-mood","value":"Neutral"},{"key":"package-notes","value":"STOCK MARKET, DOW, S&P 500, NASDAQ, PCE, INFLATION, GDP"},{"key":"package-format","value":"Other"},{"key":"publisher-name","value":"reuters.com"},{"key":"upstream-title","value":"US stocks end mixed after data shows moderate inflation rise"},{"key":"external-asset-id","value":"285_RW664130092026RP1"},{"key":"package-no-social","value":"Yes"},{"key":"package-restrictions","value":"Broadcast: None. Digital: None.. For Reuters customers only."},{"key":"upstream-description","value":"Nasdaq climbed on Wednesday and the S&P 500 dipped, but both indexes notched their second straight quarterly gains, as a softer-than-anticipated inflation reading cooled expectations that Federal Reserve policymakers would hike rates in October. Lisa Bernhard reports."},{"key":"upstream-channel-code","value":"acz723,CLE548"}],"usn":"RW664130092026RP1"}],"thumbnail":{"url":"https://ajo.prod.reuters.tv/api/v2/img/6ac02e95e4b00e902ff5cffa-1790979827799","caption":"US stocks advanced on Friday to close out the trading week after weaker-than-expected jobs data dampened expectations for a rate hike from the Federal Reserve at its policy meeting this month. Lisa Bernhard reports.","type":"image","resizer_url":"https://ajo.prod.reuters.tv/api/v2/img/6ac02e95e4b00e902ff5cffa-1790979827799"},"guid":"MarketsNow","response_time":1791012983758},"_id":"0fef428482e1facdff4fe47fc12e35f8a06f5d8693f6f4e8cc8deadd385d1e81"},"expires":1791013283759,"lastModified":1791012983222}},"articles-by-section-alias-or-id-v1":{"{\"fetch_type\":\"collection_or_section\",\"section_id\":\"/business/energy/\",\"size\":6,\"website\":\"reuters\"}":{"data":{"statusCode":200,"message":"Success","result":{"parent_section_name":"Business","pagination":{"size":6,"expected_size":6,"orderby":"display_date:desc"},"date_modified":"2026-10-02T23:31:23.095Z","fetch_type":"collection","articles":[{"id":"HIPLJFY4NZLJ5APRMHUDVR35QY","revision_id":"PQRBOCG25RGYVEUQZ7WMKZ47HU","canonical_url":"/business/energy/europe-discussing-plan-diesel-stock-releases-after-us-pressure-source-says-2026-10-02/","website":"reuters","web":"G7 countries agree on release of diesel and oil stocks after US pressure","native":"G7 countries agree on release of diesel and oil stocks after US pressure","headline_feature":"EXCLUSIVE","published":true,"published_time":"2026-10-02T08:21:02.685Z","article_type":"Standard","display_my_news":true,"display_newsletter_signup":true,"display_notifications":true,"display_related_media":true,"display_related_organizations":true,"content_code":"metered","source":{"name":"Reuters","original_name":"Reuters"},"title":"G7 countries agree on release of diesel and oil stocks after US pressure","basic_headline":"G7 countries agree on release of diesel and oil stocks after US pressure","distributor":"Reuters","description":"Group of Seven countries agreed on Friday to release 100 million barrels of diesel and crude oil from emergency reserves and pledged to refrain from energy export restrictions after pressure from US President Donald Trump.","primary_media_type":"video","primary_tag":{"short_bio":"Exploration & Production","description":"Exploration & Production","slug":"repi-exploration-production","text":"REPI:EXPLORATION-PRODUCTION","is_topic":true,"can_follow":true,"topic_url":"/business/energy/exploration-production/"},"word_count":990,"read_minutes":5,"kicker":{"name":"Energy","path":"/business/energy/","names":["Business","Energy"]},"ad_topics":["com","engy","engy","gamble","pol","stock","tax","trade"],"thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/CJCAD6J6PFJJPPLTEMTA74Z7JM.jpg","caption":"French President Emmanuel Macron (C) speaks next to French Presidential advisor Emmanuel Bonne (L), France's Economy, Finance and Industry Minister Roland Lescure, Secretary-General of the Office of the President of the French Republic Pierre-Andre Imbert and Camille Morfouace de Broucker following a video conference with G7 leaders from the Elysee Presidential Palace in Paris on October 2, 2026. G7 leaders were holding talks on October 2, 2026, to coordinate action on tackling high fuel prices, after Washington upped pressure on Europe to release its strategic reserves or face a US diesel export ban. LUDOVIC MARIN/Pool via REUTERS","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/CJCAD6J6PFJJPPLTEMTA74Z7JM.jpg?auth=ba6c6f8a0b40f28c8dfd80b634bf81ecc902c8a5f0b6730fe15a916c6c8e2e10","location":"Paris, FRANCE","id":"CJCAD6J6PFJJPPLTEMTA74Z7JM","authors":"LUDOVIC MARIN","alt_text":"French President Emmanuel Macron speaks following a video conference with G7 leaders at the Elysee Palace in Paris","width":6582,"height":3702,"subtitle":"French President Emmanuel Macron speaks following a video conference with G7 leaders at the Elysee Palace in Paris","slug":"IRAN-CRISIS-DIESEL-STOCKS-FRANCE","updated_at":"2026-10-02T16:49:42Z","company":"Reuters","purchase_licensing_path":"https://www.reutersconnect.com/item/french-president-emmanuel-macron-speaks-following-a-video-conference-with-g7-leaders-at-the-elysee-palace-in-paris/dGFnOnJldXRlcnMuY29tLDIwMjY6bmV3c21sX1JDMjJWTkFNTDIwMQ%3D%3D/?utm_medium=rcom-article-media&utm_campaign=rcom-rcp-lead"},"authors":[{"id":"kate.abnett@thomsonreuters.com","name":"Kate Abnett","first_name":"Kate","last_name":"Abnett","company":"Reuters","thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/H24NV3AFCZCWPC463OG3JRYY7U.jpg","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/https%3A%2F%2Fcloudfront-us-east-2.images.arcpublishing.com%2Freuters%2FH24NV3AFCZCWPC463OG3JRYY7U.jpg?auth=4dd3566d980534ddab2fb815cfdf9f08e04ca3d4f4dd0c88f6e42931b1e77167"},"social_links":[{"site":"email","url":"mailto:Kate.Abnett@thomsonreuters.com"},{"site":"personal_website","url":"KateAbnett"}],"byline":"Kate Abnett","description":"Kate Abnett covers EU climate and energy policy in Brussels, reporting on Europe’s green transition and how climate change is affecting people and ecosystems across the EU. Other areas of coverage include international climate diplomacy. Before joining Reuters, Kate covered emissions and energy markets for Argus Media in London. She is part of the teams whose reporting on Europe’s energy crisis won two Reuters journalist of the year awards in 2022.","topic_url":"/authors/kate-abnett/","role":"European Climate and Energy Correspondent"},{"id":"jarrett.renshaw@thomsonreuters.com","name":"Jarrett Renshaw","first_name":"Jarrett","last_name":"Renshaw","company":"Reuters","thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/H24NV3AFCZCWPC463OG3JRYY7U.jpg","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/https%3A%2F%2Fcloudfront-us-east-2.images.arcpublishing.com%2Freuters%2FH24NV3AFCZCWPC463OG3JRYY7U.jpg?auth=4dd3566d980534ddab2fb815cfdf9f08e04ca3d4f4dd0c88f6e42931b1e77167"},"social_links":[{"site":"email","url":"mailto:jarrett.renshaw@thomsonreuters.com"}],"byline":"Jarrett Renshaw","topic_url":"/authors/jarrett-renshaw/"}],"display_time":"2026-10-02T08:21:02.685Z","updated_time":"2026-10-02T22:20:30.734Z"},{"id":"TFNXIY2GTJNIJMBTU7RY5PWRJQ","revision_id":"7SXXYMVTYRF4PBLZ2JBUB4DELY","canonical_url":"/business/energy/opec-delays-oil-capacity-review-after-iran-war-disrupts-expansion-plans-sources-2026-10-02/","website":"reuters","web":"OPEC+ delays oil capacity review after Iran war disrupts expansion plans, sources say","native":"OPEC+ delays oil capacity review after Iran war disrupts expansion plans","headline_feature":"EXCLUSIVE","published":true,"published_time":"2026-10-02T11:15:33.539Z","article_type":"Standard","display_my_news":true,"display_newsletter_signup":true,"display_notifications":true,"display_related_media":true,"display_related_organizations":true,"content_code":"metered","source":{"name":"Reuters","original_name":"Reuters"},"title":"OPEC+ delays oil capacity review after Iran war disrupts expansion plans","basic_headline":"OPEC+ delays oil capacity review after Iran war disrupts expansion plans, sources say","distributor":"Reuters","description":"The delay throws estimates of future production potential into uncertainty.","primary_media_type":"image","primary_tag":{"short_bio":"OPEC","description":"OPEC","slug":"repi-opec","text":"REPI:OPEC","is_topic":true,"can_follow":true,"topic_url":"/business/energy/opec/"},"word_count":570,"read_minutes":3,"kicker":{"name":"Energy","path":"/business/energy/","names":["Business","Energy"]},"ad_topics":["com","DeathInjrConft","engy","engy","pol","trade","DeathInjrConft"],"thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/3W7DI6AUMBKEVPTO44UHJQUYDM.jpg","caption":"OPEC printed logo submerged in petroleum oil is seen in this illustration taken June 25, 2026. REUTERS/Dado Ruvic/Illustration","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/3W7DI6AUMBKEVPTO44UHJQUYDM.jpg?auth=af3a6ba5d628691da844bb9a36329aa8b3119383643941a13a5edccb482a2c85","location":" ZENICA, BOSNIA AND HERZEGOVINA","id":"3W7DI6AUMBKEVPTO44UHJQUYDM","authors":"Dado Ruvic","alt_text":"OPEC printed logo submerged in petroleum oil is seen in this illustration taken June 25, 2026. REUTERS/Dado Ruvic/Illustration","width":3500,"height":2333,"subtitle":"OPEC printed logo submerged in petroleum oil is seen in this illustration taken June 25, 2026. REUTERS/Dado Ruvic/Illustration","slug":"OPEC-IRAQ","updated_at":"2026-10-02T11:17:03Z","company":"Reuters","purchase_licensing_path":"https://www.reutersconnect.com/item/opec-printed-logo-submerged-in-petroleum-oil-is-seen-in-this-illustration-taken-june-25-2026-reutersdado-ruvicillustration/dGFnOnJldXRlcnMuY29tLDIwMjY6bmV3c21sX1JDMjAxTUFNRlIzMw%3D%3D/?utm_medium=rcom-article-media&utm_campaign=rcom-rcp-lead"},"authors":[{"id":"alex.lawler@thomsonreuters.com","name":"Alex Lawler","first_name":"Alex","last_name":"Lawler","company":"Reuters","thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/H24NV3AFCZCWPC463OG3JRYY7U.jpg","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/https%3A%2F%2Fcloudfront-us-east-2.images.arcpublishing.com%2Freuters%2FH24NV3AFCZCWPC463OG3JRYY7U.jpg?auth=4dd3566d980534ddab2fb815cfdf9f08e04ca3d4f4dd0c88f6e42931b1e77167"},"social_links":[{"site":"email","url":"mailto:alex.lawler@thomsonreuters.com"}],"byline":"Alex Lawler","topic_url":"/authors/alex-lawler/"},{"id":"olesya.astakhova@thomsonreuters.com","name":"Olesya Astakhova","first_name":"Olesya","last_name":"Astakhova","company":"Reuters","thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/H24NV3AFCZCWPC463OG3JRYY7U.jpg","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/https%3A%2F%2Fcloudfront-us-east-2.images.arcpublishing.com%2Freuters%2FH24NV3AFCZCWPC463OG3JRYY7U.jpg?auth=4dd3566d980534ddab2fb815cfdf9f08e04ca3d4f4dd0c88f6e42931b1e77167"},"social_links":[{"site":"email","url":"mailto:olesya.astakhova@thomsonreuters.com"}],"byline":"Olesya Astakhova","topic_url":"/authors/olesya-astakhova/"}],"badges":[{"badge":"exclusive","url_type":"none"}],"display_time":"2026-10-02T11:15:33.539Z","updated_time":"2026-10-02T12:54:06.625Z"},{"id":"AJDVR5RSRFMDRH77DRZBLOPIA4","revision_id":"ZZZ6YJ7JC5A4ZGZYN5QNGACSUM","canonical_url":"/business/energy/oil-rises-slightly-market-weighs-mixed-supply-signals-2026-10-02/","website":"reuters","web":"Oil settles lower after Europe agrees to tap diesel reserves","native":"Oil settles lower after Europe agrees to tap diesel reserves","published":true,"published_time":"2026-10-02T01:10:02.647Z","article_type":"Standard","display_my_news":true,"display_newsletter_signup":true,"display_notifications":true,"display_related_media":true,"display_related_organizations":true,"content_code":"metered","source":{"name":"Reuters","original_name":"Reuters"},"title":"Oil settles lower after Europe agrees to tap diesel reserves","basic_headline":"Oil settles lower after Europe agrees to tap diesel reserves","distributor":"Reuters","description":"Crude futures finished down after European leaders agreed to US President Donald Trump's request to release diesel reserves to lower prices and reduce fuel imports from the US.","primary_media_type":"video","primary_tag":{"short_bio":"Transport Fuels","description":"Transport Fuels","slug":"repi-transport-fuels","text":"REPI:TRANSPORT-FUELS","is_topic":true,"can_follow":true,"topic_url":"/business/energy/transport-fuels/"},"word_count":669,"read_minutes":4,"kicker":{"name":"Energy","path":"/business/energy/","names":["Business","Energy"]},"ad_topics":["com","derv","engy","engy","pol","stock"],"thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/HVYXY6YWJZMH7ECCBI6WKU6NK4.jpg","caption":"Equinor's Johan Sverdrup oilfield platforms and accommodation jack-up rig Haven are pictured in the North Sea, Norway December 3, 2019. REUTERS/Ints Kalnins","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/HVYXY6YWJZMH7ECCBI6WKU6NK4.jpg?auth=f13e9945ea648a689f548dbac9b7b7b2ef300ce2a83c0aeb6a2b67cf0c4de1c2","id":"HVYXY6YWJZMH7ECCBI6WKU6NK4","authors":"INTS KALNINS","alt_text":"Equinor's Johan Sverdrup oilfield platforms and accommodation jack-up rig Haven are pictured in the North Sea","width":5065,"height":3520,"subtitle":"Equinor's Johan Sverdrup oilfield platforms and accommodation jack-up rig Haven are pictured in the North Sea","slug":"EQUINOR-OIL","updated_at":"2026-10-02T01:10:07Z","company":"Reuters","purchase_licensing_path":"https://www.reutersconnect.com/item/equinors-johan-sverdrup-oilfield-platforms-and-accommodation-jack-up-rig-haven-are-pictured-in-the-north-sea/dGFnOnJldXRlcnMuY29tLDIwMTk6bmV3c21sX1JDMlZORDlSNVBaQg%3D%3D/?utm_medium=rcom-article-media&utm_campaign=rcom-rcp-lead"},"authors":[{"id":"erwin.seba@thomsonreuters.com","name":"Erwin Seba","first_name":"Erwin","last_name":"Seba","company":"Reuters","thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/H24NV3AFCZCWPC463OG3JRYY7U.jpg","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/https%3A%2F%2Fcloudfront-us-east-2.images.arcpublishing.com%2Freuters%2FH24NV3AFCZCWPC463OG3JRYY7U.jpg?auth=4dd3566d980534ddab2fb815cfdf9f08e04ca3d4f4dd0c88f6e42931b1e77167"},"social_links":[{"site":"email","url":"mailto:erwin.seba@thomsonreuters.com"}],"byline":"Erwin Seba","topic_url":"/authors/erwin-seba/"}],"display_time":"2026-10-02T01:10:02.647Z","updated_time":"2026-10-02T19:50:00.654Z"},{"id":"LXM6EASO65PPREJBAJMMIR5AKI","revision_id":"3ZSFG3Y47BEN7D7VIODS7473RU","canonical_url":"/business/energy/trump-says-us-deal-with-south-korea-includes-84-billion-for-oil-recovery-2026-10-02/","website":"reuters","web":"Trump says US deal with South Korea has $8.4 billion for oil recovery","native":"Trump says US deal with South Korea has $8.4 billion for oil recovery","published":true,"published_time":"2026-10-02T12:49:40.8Z","article_type":"Standard","display_my_news":true,"display_newsletter_signup":true,"display_notifications":true,"display_related_media":true,"display_related_organizations":true,"content_code":"metered","source":{"name":"Reuters","original_name":"Reuters"},"title":"Trump says US deal with South Korea has $8.4 billion for oil recovery","basic_headline":"Trump says US deal with South Korea has $8.4 billion for oil recovery","distributor":"Reuters","description":"President Donald Trump said on Friday that a US trade deal with South Korea includes $8.4 billion for a project to push out crude from an aging oilfield, although South Korea's state-supported Yonhap news agency reported that an official from Seoul's industry ministry was surprised by the claim.","primary_media_type":"image","primary_tag":{"short_bio":"Transport Fuels","description":"Transport Fuels","slug":"repi-transport-fuels","text":"REPI:TRANSPORT-FUELS","is_topic":true,"can_follow":true,"topic_url":"/business/energy/transport-fuels/"},"word_count":539,"read_minutes":3,"kicker":{"name":"Energy","path":"/business/energy/","names":["Business","Energy"]},"ad_topics":["com","engy","engy","pol","trade"],"thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/EM5X5L22MVMWLEC7543XNPDAC4.jpg","caption":"South Korean President Lee Jae Myung gestures as he meets with U.S. President Donald Trump on the sidelines of the Asia-Pacific Economic Cooperation (APEC) leaders' summit in Gyeongju, South Korea, October 29, 2025. REUTERS/Evelyn Hockstein/File Photo","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/EM5X5L22MVMWLEC7543XNPDAC4.jpg?auth=7dc018be4d58aad1a02d6462b95a4db3c7aac092721cd53eebb647cb2c5c34d0","location":"GYEONGJU, SOUTH KOREA","id":"EM5X5L22MVMWLEC7543XNPDAC4","authors":"Evelyn Hockstein","alt_text":"2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju","width":5792,"height":3856,"subtitle":"2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju","slug":"SOUTHKOREA-USA-INVESTMENT","updated_at":"2026-10-02T12:58:23Z","company":"Reuters","purchase_licensing_path":"https://www.reutersconnect.com/item/2025-asia-pacific-economic-cooperation-apec-ceo-summit-in-gyeongju/dGFnOnJldXRlcnMuY29tLDIwMjU6bmV3c21sX1JDMkpMSEFOSUdNTw%3D%3D/?utm_medium=rcom-article-media&utm_campaign=rcom-rcp-lead"},"display_time":"2026-10-02T12:49:40.8Z","updated_time":"2026-10-02T16:16:00.367Z","authors":[{"id":"timothy.gardner@thomsonreuters.com","name":"Timothy Gardner","first_name":"Timothy","last_name":"Gardner","company":"Reuters","thumbnail":{"url":"https://s3.amazonaws.com/arc-authors/reuters/1bb7724b-8fde-4826-bdd0-f0f535c72cd1.png","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/https%3A%2F%2Fs3.amazonaws.com%2Farc-authors%2Freuters%2F1bb7724b-8fde-4826-bdd0-f0f535c72cd1.png?auth=7bbb8c4ffa85576094b8fc43b04397dae6367ec3080896a1c0ed9c2869edb43a"},"social_links":[{"site":"email","url":"mailto:timothy.gardner@thomsonreuters.com"},{"site":"twitter","url":"https://x.com/timogard"},{"site":"linkedin","url":"https://www.linkedin.com/in/timothy-gardner-1448953/"}],"byline":"Timothy Gardner","description":"Timothy reports on energy and environment policy and is based in Washington, D.C. His coverage ranges from the latest in nuclear power, to environment regulations, to U.S. sanctions and geopolitics. He has been a member of three teams in the past two years that have won Reuters best journalism of the year awards. As a cyclist he is happiest outside.","topic_url":"/authors/timothy-gardner/","role":"Energy and Environment Correspondent"},{"id":"katharine.jackson@thomsonreuters.com","name":"Katharine Jackson","first_name":"Katharine","last_name":"Jackson","company":"Reuters","thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/H24NV3AFCZCWPC463OG3JRYY7U.jpg","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/https%3A%2F%2Fcloudfront-us-east-2.images.arcpublishing.com%2Freuters%2FH24NV3AFCZCWPC463OG3JRYY7U.jpg?auth=4dd3566d980534ddab2fb815cfdf9f08e04ca3d4f4dd0c88f6e42931b1e77167"},"social_links":[{"site":"email","url":"mailto:Katharine.Jackson@thomsonreuters.com"}],"byline":"Katharine Jackson","topic_url":"/authors/katharine-jackson/"}]},{"id":"SXCGI5OOV5JDRGFOVN5SBVVEIY","revision_id":"467R5Y626JDOLC7PBVU44HOQYE","canonical_url":"/legal/transactional/owners-brazils-braskem-finalizing-counter-proposal-3-billion-capital-demand-2026-10-02/","website":"reuters","web":"Owners of Brazil's Braskem finalizing counter proposal to $3 billion capital demand","native":"Owners of Brazil's Braskem finalizing counter proposal to $3 billion capital demand","published":true,"published_time":"2026-10-02T18:34:38.613Z","article_type":"Standard","display_my_news":true,"display_newsletter_signup":true,"display_notifications":true,"display_related_media":true,"display_related_organizations":true,"content_code":"metered","source":{"name":"Reuters","original_name":"Reuters"},"company_rics":"BRKM3.SA,GSDC.UL,PETR3.SA","title":"Owners of Brazil's Braskem finalizing counter proposal to $3 billion capital demand","basic_headline":"Owners of Brazil's Braskem finalizing counter proposal to $3 billion capital demand","distributor":"Reuters","description":"Controlling shareholders of Brazil's Braskem are finalizing a counter proposal for the company's creditors after balking at lenders' demands to inject $3 billion into the petrochemical producer, two people familiar with the matter told Reuters on Friday.","primary_media_type":"image","primary_tag":{"short_bio":"Capital Markets","description":"Capital Markets","slug":"nrlpa-ocap","text":"NRLPA:OCAP","is_topic":true,"can_follow":true,"is_legal":true,"topic_url":"/legal/capital-markets/"},"word_count":522,"read_minutes":3,"kicker":{"name":"Legal","path":"/legal/","names":["Legal","Transactional"]},"ad_topics":["engy","fixinc","ivbk"],"thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/VLHU3ASBKVJCZEWLETCS4PEFVA.jpg","caption":"A drone view shows a unit of the Brazilian petrochemical producer Braskem, in Triunfo, Brazil, December 15, 2025. REUTERS/Diego Vara/File Photo","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/VLHU3ASBKVJCZEWLETCS4PEFVA.jpg?auth=a9242a88a49167ebb93e7a88e3cb669a9aa6841c890d928da221bb10661326a3","location":"TRIUNFO, BRAZIL","id":"VLHU3ASBKVJCZEWLETCS4PEFVA","authors":"Diego Vara","alt_text":"Brazil's Braskem set for control shake-up as Novonor stake sale advances","width":5000,"height":3336,"subtitle":"Brazil's Braskem set for control shake-up as Novonor stake sale advances","slug":"BRASKEM-M&A-IG4","updated_at":"2026-10-02T21:31:05Z","company":"Reuters","purchase_licensing_path":"https://www.reutersconnect.com/item/brazils-braskem-set-for-control-shake-up-as-novonor-stake-sale-advances/dGFnOnJldXRlcnMuY29tLDIwMjU6bmV3c21sX1JDMjJISUFBN0ZLUA%3D%3D/?utm_medium=rcom-article-media&utm_campaign=rcom-rcp-lead"},"authors":[{"id":"luciana.novaesmagalhaes@thomsonreuters.com","name":"Luciana Magalhaes","first_name":"Luciana","last_name":"Magalhaes","company":"Reuters","thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/H24NV3AFCZCWPC463OG3JRYY7U.jpg","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/https%3A%2F%2Fcloudfront-us-east-2.images.arcpublishing.com%2Freuters%2FH24NV3AFCZCWPC463OG3JRYY7U.jpg?auth=4dd3566d980534ddab2fb815cfdf9f08e04ca3d4f4dd0c88f6e42931b1e77167"},"social_links":[{"site":"email","url":"mailto:Luciana.NovaesMagalhaes@thomsonreuters.com"}],"byline":"Luciana Novaes Magalhaes","topic_url":"/authors/luciana-novaes-magalhaes/"},{"name":"Rodrigo Viga Gaier","thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/MBIVAJUOONDEBH26VPUYAC3JOE.jpg","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/https%3A%2F%2Fcloudfront-us-east-2.images.arcpublishing.com%2Freuters%2FMBIVAJUOONDEBH26VPUYAC3JOE.jpg?auth=34a97b66b3d4973fd39ea7ee6654c323084cfeade6427c0b176937b92f387c46"},"byline":"Rodrigo Viga Gaier","topic_url":"/authors/rodrigo-viga-gaier/"}],"display_time":"2026-10-02T18:34:38.613Z","updated_time":"2026-10-02T21:31:06.133Z"},{"id":"VGBIFLH5G5PPDC44G3GLTHPWY4","revision_id":"TVLETFAQNBGEZFXCD3UZQ6VN5M","canonical_url":"/business/energy/crude-oil-tanker-struck-by-unknown-projectile-off-oman-ukmto-says-2026-10-02/","website":"reuters","web":"Crude oil tanker struck by unknown projectile off Oman, UKMTO says","native":"Crude oil tanker struck by unknown projectile off Oman, UKMTO says","published":true,"published_time":"2026-10-02T23:31:23.095Z","article_type":"Standard","display_my_news":true,"display_newsletter_signup":true,"display_notifications":true,"display_related_media":true,"display_related_organizations":true,"content_code":"metered","source":{"name":"Reuters","original_name":"Reuters"},"title":"Crude oil tanker struck by unknown projectile off Oman, UKMTO says","basic_headline":"Crude oil tanker struck by unknown projectile off Oman, UKMTO says","distributor":"Reuters","description":"The master of a crude oil tanker has reported being struck by an unknown projectile 4 nautical miles east of Oman, the United Kingdom Maritime Trade Operations (UKMTO) said early on Saturday.","primary_tag":{"short_bio":"N2:COM","description":"N2:COM","slug":"n2-com","text":"COM","topic_url":"/tags/n2-com/"},"word_count":59,"read_minutes":1,"kicker":{"name":"Energy","path":"/business/energy/","names":["Business","Energy"]},"ad_topics":["com","DeathInjrConft","engy","engy","pol","trade","trans","DeathInjrConft"],"thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/J2OT46IMSVO2LHG3HHCW3T5WGM.jpg","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/J2OT46IMSVO2LHG3HHCW3T5WGM.jpg?auth=1bb42dc711388997fd45b2f1aac58ca16ebd233c55b315fd77faa5f6343d7aff","id":"J2OT46IMSVO2LHG3HHCW3T5WGM","authors":"Reuters","alt_text":"Reuters' template to be used in breaking news scenarios","width":800,"height":533,"subtitle":"Reuters' template to be used in breaking news scenarios","slug":"BREAKING-NEWS-TEMPLATE","updated_at":"2025-09-11T12:02:54Z","company":"Reuters"},"authors":[{"name":"Reuters","company":"Reuters","thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/H24NV3AFCZCWPC463OG3JRYY7U.jpg","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/https%3A%2F%2Fcloudfront-us-east-2.images.arcpublishing.com%2Freuters%2FH24NV3AFCZCWPC463OG3JRYY7U.jpg?auth=4dd3566d980534ddab2fb815cfdf9f08e04ca3d4f4dd0c88f6e42931b1e77167"},"byline":"Reuters"}],"display_time":"2026-10-02T23:31:23.095Z","updated_time":"2026-10-02T23:31:28.779Z"}],"section":{"id":"/business/energy/","website":"reuters","name":"Energy","description":"Find latest energy news from every corner of the globe at Reuters.com, your online source for breaking international news coverage.","page_title":"Energy","parent":{"id":"/business/","website":"reuters","name":"Business","page_title":"Business","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"businesslogo"}},"can_follow":true,"language":"en","template_type":"section","type":"section","advertising":{"sponsored":"true","sponsor_logo_type":"energylogo"},"video_playlistId":"MarketsNow","mobile_ad_unit_path":"/4735792/app.reuters/business/energy/home","ad_unit_path":"/4735792/reuters.com/business/energy/home","collection_alias":"business-energy","section_about":"Find latest energy news from every corner of the globe at Reuters.com, your online source for breaking international news coverage.","title":"Energy News | Top Energy Headlines | Reuters","personalization":{"id":"/business/energy/","type":"SECTION","show_tags":true,"can_follow":true,"is_topic":true}},"ad_unit_path":"/4735792/reuters.com/business/energy/home","response_time":1791012947280},"_id":"980cf0036279194e52f01975820b105a9f4b16a51dd09899461c68a16338602f"},"expires":1791013247281,"lastModified":1791012946543},"{\"fetch_type\":\"section\",\"orderby\":\"last_updated_date:desc\",\"section_id\":\"/business/\",\"size\":7,\"website\":\"reuters\"}":{"data":{"statusCode":200,"message":"Success","result":{"parent_section_name":"Business","pagination":{"size":7,"expected_size":7,"orderby":"display_date:desc"},"date_modified":"2026-10-03T05:06:40.503Z","fetch_type":"section","articles":[{"id":"INSEX3YUTRI3HJZOBQN4PHCYLQ","revision_id":"67MQ2MRIBRHSPEGL4TYO4AAOBM","canonical_url":"/business/retail-consumer/ais-race-transform-world-before-money-runs-out-2026-10-03/","website":"reuters","web":"AI's race to transform the world before the money runs out","native":"AI's race to transform the world before the money runs out","headline_feature":"ANALYSIS","published":true,"published_time":"2026-10-03T05:06:40.503Z","article_type":"Standard","display_my_news":true,"display_newsletter_signup":true,"display_notifications":true,"display_related_media":true,"display_related_organizations":true,"content_code":"metered","source":{"name":"Reuters","original_name":"Reuters"},"company_rics":"AMZN.O,GOOGL.O,MSFT.O,NVDA.O","title":"AI's race to transform the world before the money runs out","basic_headline":"AI's race to transform the world before the money runs out","distributor":"Reuters","description":"Never has so much cash flowed into a new technology as is pouring into AI, eclipsing the sums splurged on railways or the internet when those technological revolutions sucked in capital.","primary_media_type":"video","primary_tag":{"short_bio":"N2:ANV","description":"N2:ANV","slug":"n2-anv","text":"ANV","topic_url":"/tags/n2-anv/"},"word_count":1027,"read_minutes":6,"kicker":{"name":"ANALYSIS","names":["Business","Retail & Consumer"]},"ad_topics":["econ","sci","ai","tech","tech"],"thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/KJK5LIMU35MEXDGGI44VYGBS3I.jpg","caption":"\"AI Artificial Intelligence\" words, a keyboard and a robotics hand in this illustration taken, September 23, 2026. REUTERS/Dado Ruvic/Illustration/File Photo","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/KJK5LIMU35MEXDGGI44VYGBS3I.jpg?auth=f6ba4cd7a9934a677c3e0b8b4652e06f26d9f5668cbced41ee985034c00f482d","location":"ZENICA, BOSNIA AND HERZEGOVINA","id":"KJK5LIMU35MEXDGGI44VYGBS3I","authors":"Reuters","alt_text":"Illustration shows \"AI Artificial Inteligence\" words","width":4000,"height":2958,"subtitle":"Illustration shows \"AI Artificial Inteligence\" words","slug":"AI-SAFETY-RESEARCHERS","updated_at":"2026-10-03T05:06:25Z","company":"Reuters","purchase_licensing_path":"https://www.reutersconnect.com/item/illustration-shows-ai-artificial-inteligence-words/dGFnOnJldXRlcnMuY29tLDIwMjY6bmV3c21sX1JDMjRQTkFSRTVWNg%3D%3D/?utm_medium=rcom-article-media&utm_campaign=rcom-rcp-lead"},"authors":[{"id":"stephen.eisenhammer@thomsonreuters.com","name":"Stephen Eisenhammer","first_name":"Stephen","last_name":"Eisenhammer","company":"Reuters","thumbnail":{"url":"https://author-service-images-prod-us-east-1.publishing.aws.arc.pub/reuters/21f7e5da-a15a-46d0-af66-75a5810d6825.jpeg","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/https%3A%2F%2Fauthor-service-images-prod-us-east-1.publishing.aws.arc.pub%2Freuters%2F21f7e5da-a15a-46d0-af66-75a5810d6825.jpeg?auth=26c2ab50a50c30a5510f7b6c4f90e676a5794370637ed289eb787cb47ae5f3f3"},"social_links":[{"site":"email","url":"mailto:stephen.eisenhammer@thomsonreuters.com"},{"site":"twitter","url":"https://x.com/@SEisenhammer"}],"byline":"Stephen Eisenhammer","description":"Stephen Eisenhammer is a Pulitzer Prize-winning investigative journalist and the Bureau Chief for Mexico and Central America. He was previously in Brazil and Angola. He was part of the Reuters team that won the Pulitzer Prize for Investigative Reporting in 2025 for the series \"Fentanyl Express\". Stephen is also a three-time winner of an Overseas Press Club of America award.","topic_url":"/authors/stephen-eisenhammer/","role":"Bureau Chief, Mexico and Central America"}],"display_time":"2026-10-03T05:06:40.503Z","updated_time":"2026-10-03T07:16:04.004Z"},{"id":"HMWG5GA5DVKJ7C2DB32HOACMTA","revision_id":"R3ROIUMPEZDRDAZ226FLOFOO74","canonical_url":"/world/china/china-initiates-anti-dumping-investigation-into-p-nitrotoluene-eu-2026-10-03/","website":"reuters","web":"China initiates anti-dumping investigation into p-nitrotoluene from EU","native":"China initiates anti-dumping investigation into p-nitrotoluene from EU","published":true,"published_time":"2026-10-03T02:52:41.377Z","article_type":"Standard","display_my_news":true,"display_newsletter_signup":true,"display_notifications":true,"display_related_media":true,"display_related_organizations":true,"content_code":"metered","source":{"name":"Reuters","original_name":"Reuters"},"title":"China initiates anti-dumping investigation into p-nitrotoluene from EU","basic_headline":"China initiates anti-dumping investigation into p-nitrotoluene from EU","distributor":"Reuters","description":"China's Commerce Ministry said on Saturday it had launched an anti-dumping investigation into imports of chemical intermediate p-nitrotoluene from the European Union.","primary_tag":{"short_bio":"Regulatory Oversight","description":"Regulatory Oversight","slug":"rsbi-regulatory-oversight","text":"RSBI:REGULATORY-OVERSIGHT","is_topic":true,"can_follow":true,"topic_url":"/sustainability/regulatory-oversight/"},"word_count":106,"read_minutes":1,"kicker":{"name":"World","path":"/world/","names":["World","China"]},"ad_topics":["crime","pol","trade","crime"],"authors":[{"name":"Reuters","company":"Reuters","thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/H24NV3AFCZCWPC463OG3JRYY7U.jpg","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/https%3A%2F%2Fcloudfront-us-east-2.images.arcpublishing.com%2Freuters%2FH24NV3AFCZCWPC463OG3JRYY7U.jpg?auth=4dd3566d980534ddab2fb815cfdf9f08e04ca3d4f4dd0c88f6e42931b1e77167"},"byline":"Reuters"}],"thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/466BJJQ7PVGY5O53NZ3KL65MHM.png","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/466BJJQ7PVGY5O53NZ3KL65MHM.png?auth=b9c3bf166c40a6778eb5672993fde7c30a15f48329026674eff92afd8da1d0ca","id":"466BJJQ7PVGY5O53NZ3KL65MHM","alt_text":"Reuters logo","width":1024,"height":740,"subtitle":"TOPIC:DEFAULT_TOPIC_THUMBNAIL","updated_at":"2024-06-12T16:56:46Z"},"display_time":"2026-10-03T02:52:41.377Z","updated_time":"2026-10-03T02:52:47.999Z","thumbnail_dark":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/UPWWXXGZ3ZDL5M4W66EWOZVRKM.png","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/UPWWXXGZ3ZDL5M4W66EWOZVRKM.png?auth=ba7701b661297d5d41b0a5a31a96de94084a623f7ecd4feed0180a877b985a8e","id":"UPWWXXGZ3ZDL5M4W66EWOZVRKM","alt_text":"Reuters logo","width":1024,"height":683,"subtitle":"TOPIC:DEFAULT_TOPIC_THUMBNAIL_DARK","updated_at":"2024-07-09T10:18:58Z"}},{"id":"NIO4YRMXCVOTDNHKK6EJTUVPF4","revision_id":"BCFE7TNRAZHB7GRXASFD7QNFNU","canonical_url":"/business/feds-hammack-tells-pbs-theres-still-time-weigh-next-monetary-policy-move-2026-10-02/","website":"reuters","web":"Fed's Hammack tells PBS there's still time to weigh next monetary policy move","native":"Fed's Hammack tells PBS there's still time to weigh next monetary policy move","published":true,"published_time":"2026-10-02T23:22:12.889Z","article_type":"Standard","display_my_news":true,"display_newsletter_signup":true,"display_notifications":true,"display_related_media":true,"display_related_organizations":true,"content_code":"metered","source":{"name":"Reuters","original_name":"Reuters"},"title":"Fed's Hammack tells PBS there's still time to weigh next monetary policy move","basic_headline":"Fed's Hammack tells PBS there's still time to weigh next monetary policy move","distributor":"Reuters","description":"Federal Reserve Bank of Cleveland President Beth Hammack said on Friday that the September US employment report fits with the recent trend of hiring, noting she has time before she has to make a decision on what is next for monetary policy.","primary_media_type":"video","primary_tag":{"short_bio":"RULES:MARKETS-US-FED","description":"RULES:MARKETS-US-FED","slug":"rules-markets-us-fed","text":"RULES:MARKETS-US-FED","topic_url":"/tags/rules-markets-us-fed/"},"word_count":289,"read_minutes":2,"kicker":{"name":"Business","path":"/business/","names":["Business"]},"ad_topics":["econ","pol"],"thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/MYNFU72J5JJ45ALIKJP2AOXI3Q.jpg","caption":"Federal Reserve Bank of Cleveland president and CEO, Beth Hammack, addresses the Economic Club of New York in New York City, U.S., November 6, 2025. REUTERS/Brendan McDermid/File Photo","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/MYNFU72J5JJ45ALIKJP2AOXI3Q.jpg?auth=575bf4693b996cf352d4be682dc8f48bdcfe35a6c635aaf6837c55288e244b91","location":"NEW YORK, NY, UNITED STATES","id":"MYNFU72J5JJ45ALIKJP2AOXI3Q","authors":"Brendan McDermid","alt_text":"Federal Reserve Bank of Cleveland president Beth Hammack addresses The ECNY in New York","width":5362,"height":3575,"subtitle":"Federal Reserve Bank of Cleveland president Beth Hammack addresses The ECNY in New York","slug":"USA-FED-HAMMACK","updated_at":"2026-10-02T23:22:17Z","company":"Reuters","purchase_licensing_path":"https://www.reutersconnect.com/item/federal-reserve-bank-of-cleveland-president-beth-hammack-addresses-the-ecny-in-new-york/dGFnOnJldXRlcnMuY29tLDIwMjU6bmV3c21sX1JDMjRSSEFYTjJRRw%3D%3D/?utm_medium=rcom-article-media&utm_campaign=rcom-rcp-lead"},"authors":[{"id":"michael.derby@thomsonreuters.com","name":"Michael Derby","first_name":"Michael","last_name":"Derby","company":"Reuters","thumbnail":{"url":"https://author-service-images-prod-us-east-1.publishing.aws.arc.pub/reuters/1e4a5e61-4448-43cd-83a1-823123c5902e.png","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/https%3A%2F%2Fauthor-service-images-prod-us-east-1.publishing.aws.arc.pub%2Freuters%2F1e4a5e61-4448-43cd-83a1-823123c5902e.png?auth=df9c7c93380eb721bac5a6ff4c9eb03a6378bd0828f7a39da306ab5826479c83"},"social_links":[{"site":"email","url":"mailto:Michael.Derby@thomsonreuters.com"}],"byline":"Michael S. Derby","topic_url":"/authors/michael-s-derby/"}],"display_time":"2026-10-02T23:22:12.889Z","updated_time":"2026-10-02T23:22:44.526Z"},{"id":"ED5T54KQ2JPPPESJBS6J5JW3VU","revision_id":"AW4ZLEEYQVFY7FTSCSQ4DLXEZI","canonical_url":"/world/asia-pacific/handful-g20-countries-reject-us-stance-excess-industrial-capacity-2026-10-02/","website":"reuters","web":"'Handful' of G20 countries reject US stance on excess industrial capacity","native":"'Handful' of G20 countries reject US stance on excess industrial capacity","published":true,"published_time":"2026-10-02T22:57:59.257Z","article_type":"Standard","display_my_news":true,"display_newsletter_signup":true,"display_notifications":true,"display_related_media":true,"display_related_organizations":true,"content_code":"metered","source":{"name":"Reuters","original_name":"Reuters"},"title":"'Handful' of G20 countries reject US stance on excess industrial capacity","basic_headline":"'Handful' of G20 countries reject US stance on excess industrial capacity","distributor":"Reuters","description":"A \"handful\" of Group of 20 trade ministers rejected US calls to curb excess industrial capacity and \"non-market\" policies, the US Trade Representative's office said on Friday, exposing divisions within the group of major economies.","primary_media_type":"image","primary_tag":{"short_bio":"TOPIC:WORLD-G20","description":"TOPIC:WORLD-G20","slug":"topic-world-g20","text":"TOPIC:WORLD-G20","topic_url":"/tags/topic-world-g20/"},"word_count":556,"read_minutes":3,"kicker":{"name":"World","path":"/world/","names":["World","Asia Pacific"]},"ad_topics":["econ","pol","trade"],"thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/4W5L2BX2UFPPDM6BFU2F7KU5PE.jpg","caption":"U.S. Trade Representative Jamieson Greer prepares to testify at a Senate Finance Committee hearing on Capitol Hill in Washington, D.C., U.S., July 22, 2026. REUTERS/Annabelle Gordon/File Photo","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/4W5L2BX2UFPPDM6BFU2F7KU5PE.jpg?auth=9b6af116e528240beade41fa9e2dcaebbc72ee3c353ad2f6faccf6279e7e8437","location":"Washington, DC, United States","id":"4W5L2BX2UFPPDM6BFU2F7KU5PE","authors":"Annabelle Gordon","alt_text":"U.S. Trade Representative Jamieson Greer testifies on Capitol Hill","width":4000,"height":2667,"subtitle":"U.S. Trade Representative Jamieson Greer testifies on Capitol Hill","slug":"G20-TRADE-DIESEL","updated_at":"2026-10-02T23:06:00Z","company":"Reuters","purchase_licensing_path":"https://www.reutersconnect.com/item/us-trade-representative-jamieson-greer-testifies-on-capitol-hill/dGFnOnJldXRlcnMuY29tLDIwMjY6bmV3c21sX1JDMjJKTUFPSkQxVg%3D%3D/?utm_medium=rcom-article-media&utm_campaign=rcom-rcp-lead"},"authors":[{"id":"david.lawder@thomsonreuters.com","name":"David Lawder","first_name":"David","last_name":"Lawder","company":"Reuters","thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/H24NV3AFCZCWPC463OG3JRYY7U.jpg","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/https%3A%2F%2Fcloudfront-us-east-2.images.arcpublishing.com%2Freuters%2FH24NV3AFCZCWPC463OG3JRYY7U.jpg?auth=4dd3566d980534ddab2fb815cfdf9f08e04ca3d4f4dd0c88f6e42931b1e77167"},"social_links":[{"site":"email","url":"mailto:david.lawder@thomsonreuters.com"}],"byline":"David Lawder","topic_url":"/authors/david-lawder/"}],"display_time":"2026-10-02T22:57:59.257Z","updated_time":"2026-10-03T03:37:54.304Z"},{"id":"SYGDXJREBZILVNFZ7CNT5QNNQU","revision_id":"BWZSAUS5RBCDHCC6WIM2KXORPA","canonical_url":"/business/retail-consumer/apple-says-it-will-flag-ai-requests-mac-data-after-metas-muse-draws-complaints-2026-10-02/","website":"reuters","web":"Apple says it will flag AI requests for Mac data after Meta's Muse draws complaints","native":"Apple says it will flag AI requests for Mac data after Meta's Muse draws complaints","published":true,"published_time":"2026-10-02T22:42:52.594Z","article_type":"Standard","display_my_news":true,"display_newsletter_signup":true,"display_notifications":true,"display_related_media":true,"display_related_organizations":true,"content_code":"metered","source":{"name":"Reuters","original_name":"Reuters"},"company_rics":"AAPL.O,META.O","title":"Apple says it will flag AI requests for Mac data after Meta's Muse draws complaints","basic_headline":"Apple says it will flag AI requests for Mac data after Meta's Muse draws complaints","distributor":"Reuters","description":"Apple said on Friday that it plans to change its Mac operating system to make it more obvious when AI agents ask to access all of the data on Macs.","primary_media_type":"image","primary_tag":{"short_bio":"Data Privacy","description":"Data Privacy","slug":"rsbi-data-privacy","text":"RSBI:DATA-PRIVACY","topic_url":"/tags/data-privacy/"},"word_count":337,"read_minutes":2,"kicker":{"name":"Retail & Consumer","path":"/business/retail-consumer/","names":["Business","Retail & Consumer"]},"ad_topics":["ent","legal","pol","sci","ai","tech","tech"],"thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/TYCCZ6CYZVLDXPAHZ5UJ7CDFXI.jpg","caption":"Apple's new entry-level Mac laptop, the MacBook Neo is on display during an event in New York City, U.S., March 4, 2026. REUTERS/Shannon Stapleton","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/TYCCZ6CYZVLDXPAHZ5UJ7CDFXI.jpg?auth=7d7eb098d2048cfd5d5f5f8085dbcc67bec361c43f53c9227a8785937dc5250b","location":"New York, NY, United States","id":"TYCCZ6CYZVLDXPAHZ5UJ7CDFXI","authors":"Shannon Stapleton","alt_text":"Apple's new entry-level Mac laptop, the MacBook Neo is on display during an event in New York City","width":4524,"height":3016,"subtitle":"Apple's new entry-level Mac laptop, the MacBook Neo is on display during an event in New York City","slug":"APPLE-EVENT","updated_at":"2026-10-02T22:42:56Z","company":"Reuters","purchase_licensing_path":"https://www.reutersconnect.com/item/apples-new-entry-level-mac-laptop-the-macbook-neo-is-on-display-during-an-event-in-new-york-city/dGFnOnJldXRlcnMuY29tLDIwMjY6bmV3c21sX1JDMlJYSkFJSEtPSw%3D%3D/?utm_medium=rcom-article-media&utm_campaign=rcom-rcp-lead"},"authors":[{"id":"stephen.nellis@thomsonreuters.com","name":"Stephen Nellis","first_name":"Stephen","last_name":"Nellis","company":"Reuters","thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/H24NV3AFCZCWPC463OG3JRYY7U.jpg","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/https%3A%2F%2Fcloudfront-us-east-2.images.arcpublishing.com%2Freuters%2FH24NV3AFCZCWPC463OG3JRYY7U.jpg?auth=4dd3566d980534ddab2fb815cfdf9f08e04ca3d4f4dd0c88f6e42931b1e77167"},"social_links":[{"site":"email","url":"mailto:Stephen.Nellis@thomsonreuters.com"}],"byline":"Stephen Nellis","topic_url":"/authors/stephen-nellis/"}],"display_time":"2026-10-02T22:42:52.594Z","updated_time":"2026-10-02T22:43:45.498Z"},{"id":"DK5ACFPMWRJX3NS2N6ONX7SEHE","revision_id":"5FYD3MBAI5CP3KYBNWCSVQU4EU","canonical_url":"/world/us-appeals-court-blocks-minnesotas-ai-nudification-law-now-xai-lawsuit-2026-10-02/","website":"reuters","web":"US appeals court blocks Minnesota law barring 'nudified' photos in XAI lawsuit","native":"US appeals court blocks Minnesota law barring 'nudified' photos in XAI lawsuit","published":true,"published_time":"2026-10-02T21:14:42.915Z","article_type":"Standard","display_my_news":true,"display_newsletter_signup":true,"display_notifications":true,"display_related_media":true,"display_related_organizations":true,"content_code":"metered","source":{"name":"Reuters","original_name":"Reuters"},"title":"US appeals court blocks Minnesota law barring 'nudified' photos in XAI lawsuit","basic_headline":"US appeals court blocks Minnesota law barring 'nudified' photos in XAI lawsuit","distributor":"Reuters","description":"Elon Musk's xAI on Friday persuaded a US federal appeals court to halt Minnesota's first-in-the-nation ban on AI-generated fake nude images as the technology and social media company pursues a lawsuit alleging that the law is unconstitutional.","primary_media_type":"image","primary_tag":{"short_bio":"Constitutional Law","description":"Constitutional Law","slug":"nrlpa-oconl","text":"NRLPA:OCONL","is_topic":true,"can_follow":true,"is_legal":true,"topic_url":"/legal/constitutional-law/"},"word_count":336,"read_minutes":2,"kicker":{"name":"World","path":"/world/","names":["World"]},"ad_topics":["auto","ent","legal","life","media","pol","sci","ssb","ai","tech","tech"],"thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/3377HOU7URMNFAKNSNOXXN67PY.jpg","caption":"Elon Musk, CEO of Tesla and SpaceX, gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes/File Photo","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/3377HOU7URMNFAKNSNOXXN67PY.jpg?auth=23cfd3d7eb58a1800f5f9c980e45538350e61a942f9cb951c33fe9d00d1a13b4","location":"PARIS, FRANCE","id":"3377HOU7URMNFAKNSNOXXN67PY","authors":"Gonzalo Fuentes","alt_text":"Elon Musk is seen in Paris","width":5500,"height":3667,"subtitle":"Elon Musk is seen in Paris","slug":"XAI-MINNESOTA-COURT","updated_at":"2026-10-02T21:25:18Z","company":"Reuters","purchase_licensing_path":"https://www.reutersconnect.com/item/elon-musk-is-seen-in-paris/dGFnOnJldXRlcnMuY29tLDIwMjM6bmV3c21sX1JDMkdLMUFMM0I2RA%3D%3D/?utm_medium=rcom-article-media&utm_campaign=rcom-rcp-lead"},"authors":[{"name":"Reuters","company":"Reuters","thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/H24NV3AFCZCWPC463OG3JRYY7U.jpg","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/https%3A%2F%2Fcloudfront-us-east-2.images.arcpublishing.com%2Freuters%2FH24NV3AFCZCWPC463OG3JRYY7U.jpg?auth=4dd3566d980534ddab2fb815cfdf9f08e04ca3d4f4dd0c88f6e42931b1e77167"},"byline":"Reuters"}],"display_time":"2026-10-02T21:14:42.915Z","updated_time":"2026-10-03T02:43:03.358Z"},{"id":"WL5DIRFWQ5K63IRDXUSPZAAGMM","revision_id":"74PIQ5XPZ5BP3CRDYHRSP6PJNI","canonical_url":"/business/energy/trump-not-going-be-doing-diesel-export-ban-2026-10-02/","website":"reuters","web":"Trump: not going to be doing diesel export ban","native":"Trump: not going to be doing diesel export ban","published":true,"published_time":"2026-10-02T20:58:24.758Z","article_type":"Standard","display_my_news":true,"display_newsletter_signup":true,"display_notifications":true,"display_related_media":true,"display_related_organizations":true,"content_code":"metered","source":{"name":"Reuters","original_name":"Reuters"},"title":"Trump: not going to be doing diesel export ban","basic_headline":"Trump: not going to be doing diesel export ban","distributor":"Reuters","description":"US President Donald Trump said on Friday that he will not authorize an export ban on diesel, hours after G7 countries agreed to release diesel and crude oil from their emergency reserves.","primary_media_type":"video","primary_tag":{"short_bio":"Exploration & Production","description":"Exploration & Production","slug":"repi-exploration-production","text":"REPI:EXPLORATION-PRODUCTION","is_topic":true,"can_follow":true,"topic_url":"/business/energy/exploration-production/"},"word_count":32,"read_minutes":1,"kicker":{"name":"Energy","path":"/business/energy/","names":["Business","Energy"]},"ad_topics":["com","econ","engy","engy","pol"],"thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/OLE6I55EKJPXNLZBSSLBIAKJSQ.jpg","caption":"US President Donald Trump speaks with media before boarding Marine One as he departs for Mobile, Alabama, on the South Lawn of the White House in Washington, D.C., US, October 2, 2026. REUTERS/Kylie Cooper","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/OLE6I55EKJPXNLZBSSLBIAKJSQ.jpg?auth=6f90cbd443f459a7163ae41666ce89f06dc5080ba1c825fd3d349ec44a98f9ea","location":" WASHINGTON, DC, UNITED STATES","id":"OLE6I55EKJPXNLZBSSLBIAKJSQ","authors":"Kylie Cooper","alt_text":"US President Donald Trump departs the White House","width":6000,"height":4000,"subtitle":"US President Donald Trump departs the White House","slug":"USA-TRUMP","updated_at":"2026-10-02T20:58:30Z","company":"Reuters","purchase_licensing_path":"https://www.reutersconnect.com/item/us-president-donald-trump-departs-the-white-house/dGFnOnJldXRlcnMuY29tLDIwMjY6bmV3c21sX1JDMjhWTkE1S0NMMA%3D%3D/?utm_medium=rcom-article-media&utm_campaign=rcom-rcp-lead"},"authors":[{"name":"Reuters","company":"Reuters","thumbnail":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/H24NV3AFCZCWPC463OG3JRYY7U.jpg","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/https%3A%2F%2Fcloudfront-us-east-2.images.arcpublishing.com%2Freuters%2FH24NV3AFCZCWPC463OG3JRYY7U.jpg?auth=4dd3566d980534ddab2fb815cfdf9f08e04ca3d4f4dd0c88f6e42931b1e77167"},"byline":"Reuters"}],"display_time":"2026-10-02T20:58:24.758Z","updated_time":"2026-10-02T22:19:16.006Z"}],"section":{"id":"/business/","website":"reuters","name":"Business","page_title":"Business","language":"en","template_type":"section","type":"section","advertising":{"sponsored":"false","sponsor_logo_type":"businesslogo"},"video_playlistId":"6ffc0233e09c26943b265ef3abd575b2d872818b","mobile_ad_unit_path":"/4735792/app.reuters/business/home","ad_unit_path":"/4735792/reuters.com/business/home","collection_alias":"business-home","section_about":"Find latest business news from every corner of the globe at Reuters.com, your online source for breaking international news coverage.","title":"Business News | Today's International Headlines | Reuters","personalization":{"id":"/business/","type":"SECTION","show_tags":true}},"ad_unit_path":"/4735792/reuters.com/business/home","response_time":1791012821912},"_id":"10f725e9b91d8f75d111bcbe5eb2ab9360c786a19a37d556331c14629a1de01b"},"expires":1791013121913,"lastModified":1791012821659}},"images-by-alias-v1":{"{\"alias\":\"lseg_image\"}":{"data":{"statusCode":200,"message":"Success","result":{"mobile":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/A5PB6UO6XVF4BH2TNV2NH3RZ3I.jpg","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/A5PB6UO6XVF4BH2TNV2NH3RZ3I.jpg?auth=0a7a5957a4a4a4e665b0a17501d85417b905dbc8077fe5b364f5c9927ffb13ac","id":"A5PB6UO6XVF4BH2TNV2NH3RZ3I","alt_text":"lseg_image_mobile","width":343,"height":100,"subtitle":"lseg_image_mobile","updated_at":"2023-08-10T17:04:42Z"},"tablet":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/DL3NOHAIMZHLPAJAAPFJKMXZPI.jpg","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/DL3NOHAIMZHLPAJAAPFJKMXZPI.jpg?auth=53211cc22be03a05c842117eaffed52fa1544d5fd63a2fa959b4c8a60e41b606","id":"DL3NOHAIMZHLPAJAAPFJKMXZPI","alt_text":"lseg_image_tablet","width":702,"height":70,"subtitle":"lseg_image_tablet","updated_at":"2023-08-10T17:04:42Z"},"desktop":{"url":"https://cloudfront-us-east-2.images.arcpublishing.com/reuters/AE6BNNRLSVAQTFG5XHTC4AV6YI.jpg","type":"image","resizer_url":"https://www.reuters.com/resizer/v2/AE6BNNRLSVAQTFG5XHTC4AV6YI.jpg?auth=478607f9580e59952887585aa9bd6b5ccfb01803f53a5e2f61774ba20343b3cd","id":"AE6BNNRLSVAQTFG5XHTC4AV6YI","alt_text":"lseg_image_desktop","width":300,"height":145,"subtitle":"lseg_image_desktop","updated_at":"2023-08-10T17:04:42Z"},"response_time":1791012814368},"_id":"e3909d98193f22850d1e3ba84898d369740ba1f70acd633764307e052541a86a"},"expires":1791013114369,"lastModified":1791012814255}},"graphql-proxy-v1":{"{\"headers\":\"{\\\"website\\\":\\\"reuters\\\"}\",\"query_name\":\"content_ingest_config_variables\",\"variables\":\"{\\\"contentIngestConfigVariablesInput\\\":{\\\"variable\\\":\\\"footer\\\"}}\"}":{"data":{"statusCode":200,"message":"Success","result":{"data":{"getContentIngestConfigVariables":{"contentIngestConfigVariables":[{"website":"reuters","variable":"footer","value":"{ \"latest_links\": [ { \"text\": \"Home\", \"url\": \"/\", \"self\": true }, { \"text\": \"Authors\", \"url\": \"/sitemap/authors/\", \"self\": true }, { \"text\": \"Topic Sitemap\", \"url\": \"/sitemap/topics/\", \"self\": true }, { \"text\": \"Archive\", \"url\": \"/archive/\", \"self\": true }, { \"text\": \"Article Sitemap\", \"url\": \"/sitemap/\", \"self\": true } ], \"browse_links\": [ { \"text\": \"World\", \"url\": \"/world/\", \"self\": true }, { \"text\": \"Business\", \"url\": \"/business/\", \"self\": true }, { \"text\": \"Markets\", \"url\": \"/markets/\", \"self\": true }, { \"text\": \"Sustainability\", \"url\": \"/sustainability/\", \"self\": true }, { \"text\": \"Legal\", \"url\": \"/legal/\", \"self\": true }, { \"text\": \"Breakingviews\", \"url\": \"/breakingviews/\", \"self\": true }, { \"text\": \"Technology\", \"url\": \"/technology/\", \"self\": true }, { \"text\": \"Investigations\", \"url\": \"/investigates/\", \"self\": true }, { \"text\": \"Sports\", \"url\": \"/sports/\", \"self\": true }, { \"text\": \"Science\", \"url\": \"/science/\", \"self\": true }, { \"text\": \"Lifestyle\", \"url\": \"/lifestyle/\", \"self\": true } ], \"media_links\": [ { \"text\": \"Videos\", \"url\": \"https://www.reuters.com/video/\", \"symbol\": \"videos\", \"self\": true }, { \"text\": \"Pictures\", \"url\": \"https://www.reuters.com/pictures/\", \"symbol\": \"pictures\", \"self\": true }, { \"text\": \"Graphics\", \"url\": \"https://www.reuters.com/graphics/\", \"symbol\": \"graphics\", \"self\": true }, { \"text\": \"Podcasts\", \"url\": \"https://www.reuters.com/podcasts/\", \"symbol\": \"podcast\", \"self\": true } ], \"about_links\": [ { \"text\": \"About Reuters\", \"url\": \"https://reutersagency.com/about/\" }, { \"text\": \"Media Center\", \"url\": \"/media-center/\" }, { \"text\": \"Advertise with Us\", \"url\": \"https://www.reutersprofessional.com/advertise-with-us/p/1\" }, { \"text\": \"Careers\", \"url\": \"https://www.thomsonreuters.com/en/careers.html\" }, { \"text\": \"Reuters News Agency\", \"url\": \"https://www.reutersagency.com/en/?utm_source=website&utm_medium=reuters&utm_campaign=site-referral&utm_content=us&utm_term=0\" }, { \"text\": \"Brand Attribution Guidelines\", \"url\": \"https://www.reutersagency.com/en/brand-attribution-guidelines/\" }, { \"text\": \"Reuters and AI\", \"url\": \"/info-pages/reuters-and-ai/\" }, { \"text\": \"Reuters Leadership\", \"url\": \"https://www.reutersagency.com/en/about/leadership-team/\" }, { \"text\": \"Reuters Fact Check\", \"url\": \"/fact-check/\", \"self\": true, \"analyticsProps\": { \"category\": \"Global Footer\", \"label\": \"/fact-check/\", \"ui_element\": \"Reuters Fact Check\", \"ui_element_label\": \"Reuters Fact Check\", \"ui_element_location\": \"footer page\" } }, { \"text\": \"Reuters Diversity Report\", \"url\": \"https://www.reuters.com/graphics/DIVERSITY-REPORT/2024/xmpjbgdrapr/\" }, { \"text\": \"Commercial Disclosure (Japan)\", \"url\": \"https://www.reuters.com/info-pages/commercial-disclosure/\" } ], \"stay_informed_links\": [ { \"text\": \"Download the App (iOS)\", \"url\": \"https://apps.apple.com/app/reuters-news/id602660809\" }, { \"text\": \"Download the App (Android)\", \"url\": \"https://play.google.com/store/apps/details?id=com.thomsonreuters.reuters\" }, { \"text\": \"Newsletters\", \"url\": \"https://reuters.com/newsletters/\", \"self\": true, \"analyticsProps\": { \"event_name\": \"registration.newsletter.signup.initiate\", \"subscribed_newsletter\": \" \", \"ui_element_location\": \"Footer\", \"label\": \"Newsletter sign up initiate\", \"ui_element\": \"newsletter_signup_initiate\" } }, { \"text\": \"Subscribe\", \"url\": \"\", \"self\": true, \"analyticsProps\": { \"event_name\": \"ui.interaction\", \"subscribed_newsletter\": \" \", \"ui_element_location\": \"Footer\", \"label\": \"/subscribe/offer/?journeyStart=Footer\", \"ui_element\": \"Subscription\" } } ], \"social_links\": [ { \"type\": \"twitter\", \"url\": \"https://x.com/reuters\" }, { \"type\": \"facebook\", \"url\": \"https://www.facebook.com/Reuters\" }, { \"type\": \"instagram\", \"url\": \"https://www.instagram.com/Reuters\" }, { \"type\": \"youtube\", \"url\": \"https://www.youtube.com/user/ReutersVideo\" }, { \"type\": \"linkedin\", \"url\": \"https://www.linkedin.com/company/10256858/\" }, { \"type\": \"whatsapp\", \"url\": \"https://www.whatsapp.com/channel/0029Va993qu5q08m6Tl6jP0U\" } ], \"company_description\": \"Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.\", \"refinitiv_products\": [ { \"name\": \"Workspace\", \"description\": \"Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.\", \"url\": \"https://www.lseg.com/en/data-analytics/products/workspace?utm_source=reuters.com&utm_medium=footer&utm_campaign=Reuters_ProductPage_Links\" }, { \"name\": \"Data Catalogue\", \"description\": \"Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.\", \"url\": \"https://www.lseg.com/en/data-analytics/financial-data/?utm_source=reuters.com&utm_medium=footer&utm_campaign=Reuters_DataCatalogPage_Links\" }, { \"name\": \"World-Check\", \"description\": \"Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.\", \"url\": \"https://www.lseg.com/en/risk-intelligence/screening-solutions/world-check-kyc-screening?utm_source=reuters.com&utm_medium=footer&utm_campaign=Reuters_ProductPage_Links\" } ], \"ad_links\": [ { \"text\": \"Advertise With Us\", \"url\": \"https://www.reutersagency.com/en/services/advertising-solutions/\" }, { \"text\": \"Advertising Guidelines\", \"url\": \"/info-pages/advertising-guidelines/\", \"self\": true }, { \"text\": \"Purchase Licensing Rights\", \"url\": \"https://www.reutersagency.com/en/licensereuterscontent/?utm_medium=rcom-footer&utm_campaign=rcom-rcp-lead\", \"isLicenseContent\": true } ], \"misc_links\": [ { \"text\": \"Cookies\", \"url\": \"https://www.thomsonreuters.com/en/privacy-statement.html#cookies\" }, { \"text\": \"Terms & Conditions\", \"url\": \"/info-pages/terms-of-use/\", \"self\": true }, { \"text\": \"Privacy\", \"url\": \"https://www.thomsonreuters.com/en/privacy-statement.html\" }, { \"text\": \"Copyright\", \"url\": \"https://www.thomsonreuters.com/en/policies/copyright\" }, { \"text\": \"Digital Accessibility\", \"url\": \"https://www.thomsonreuters.com/en/policies/digital-accessibility-policy.html\" }, { \"text\": \"Corrections\", \"url\": \"/info-pages/contact-us/\", \"self\": true }, { \"text\": \"Data Disclosure and Sources\", \"url\": \"/info-pages/data-disclosure-and-sources/\" } , { \"text\": \"Site Feedback\", \"url\": \"https://trdigital.iad1.qualtrics.com/jfe/form/SV_8kte8gArGyCGVhz\" }, { \"text\": \"Commercial Disclosure (Japan)\", \"url\": \"https://www.reuters.com/info-pages/commercial-disclosure/\" } ], \"disclaimer_link\": \"https://www.reuters.com/info-pages/disclaimer/\", \"copyright_link\": \"https://www.thomsonreuters.com/en/policies/copyright.html\", \"copyright_year\": \"2026\" }","context":"page"}]}},"response_time":1791013059613},"_id":"2d5747527c3e0ce54d3ca62f047b99a9920706f85c9b42a7ea33fe5fa9b1d3df"},"expires":1791013359613,"lastModified":1791013059260}}};Fusion.layout="regular-article";Fusion.metas={"title":{"value":"{{content.result.title}}","html":true},"ad:template":{"value":"article","html":true},"analytics:page_layout":{"value":"regular-article","html":true},"analytics:ad_layout":{"value":"leaderboard, right rail, sponsored","html":true},"sophi_type":{"value":"article","html":true},"category":{"value":"{{content.result.taxonomy.ads_primary_section.name}}","html":true}};Fusion.outputType="article";Fusion.template="template/tj4ucLze5nNC2zpfu";Fusion.tree={"collection":"layouts","type":"regular-article","props":{"collection":"layouts","type":"regular-article","id":"regular-article","childProps":[{"collection":"sections","id":0},{"collection":"sections","id":1},{"collection":"sections","id":2},{"collection":"sections","id":3},{"collection":"sections","id":4},{"collection":"sections","id":5},{"collection":"sections","id":6},{"collection":"sections","id":7},{"collection":"sections","id":8},{"collection":"sections","id":9}]},"children":[{"collection":"sections","props":{"collection":"sections","id":0},"children":[{"collection":"chains","type":"header-and-leaderboard","props":{"collection":"chains","type":"header-and-leaderboard","id":"c0f5crQValmJon","name":"Header and Leaderboard","customFields":{},"displayProperties":{}},"children":[{"collection":"features","type":"freestar/leaderboard","props":{"collection":"features","type":"freestar/leaderboard","id":"f0ftJiRbalmJv5","name":"Freestar Leaderboard","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"top":"NONE","bottom":"NONE","horizontal":"NONE","apply_max_width":false,"desktop_only_placement_name":null,"desktop_only_channel":"","desktop_only_template":"article","tablet_mobile_placement_name":"reuters_mobile_leaderboard","tablet_mobile_channel":"/4735792/reuters.com/business/energy/article","tablet_mobile_template":"article","desktop_only_type":"","tablet_mobile_type":"leaderboard","show_background":true,"mobile_only_placement_name":"reuters_mobile_leaderboard","mobile_only_channel":"/4735792/reuters.com/business/energy/article","mobile_only_type":"leaderboard","all_placement_name":"reuters_desktop_leaderboard_atf","all_channel":"/4735792/reuters.com/business/energy/article","all_type":"leaderboard"},"displayProperties":{},"localEdits":{},"variants":{}}},{"collection":"features","type":"markets/refinitivpromobar","props":{"collection":"features","type":"markets/refinitivpromobar","id":"f0fwEdGCalmJp7","name":"Markets: Refinitiv Promo Bar","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"mobilePromoText":"Learn more about","withDataPartnerDesktop":true,"withDataPartnerMobile":true,"promoText":"Exclusive news, data and analytics for financial market professionals","url":"/differentiator/","website":"reuters"},"displayProperties":{},"localEdits":{},"variants":{}}},{"collection":"features","type":"common/site-header","props":{"collection":"features","type":"common/site-header","id":"f0fQ8PPIalmJ4x","name":"Header - Don't Edit!","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"hierarchy_name":"Website","logo_url":"/","isSticky":true,"stickyPaddingTopDesktop":30,"search_page_url":"/site-search/","sign_in_url":"/account/sign-in/","sign_up_page_url":"/account/register/signup-options/","my_account_url":"/account/settings/profile/","company_page_base_url":"/markets/companies/","quote_page_base_url":"/markets/quote/","shouldUsePaywallCookie":null,"contact_us_page_url":null,"test_id":null},"displayProperties":{},"localEdits":{},"variants":{}}}]},{"collection":"features","type":"common/breaking-news","props":{"collection":"features","type":"common/breaking-news","id":"f0fDctkfblmJNS","name":"Breaking News","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"label":"","text":"Reuters Econ World: Protectionism","hyperlinkTitle":"Reuters NEXT Gulf: Join conversations with world leaders on the challenges and opportunities in the Middle East","linkUrl":"/world/reuters-next-gulf-live-politicians-business-leaders-discuss-challenges-2025-10-21/","timeFrom":1761138090367,"periodLength":8,"periodUnit":"h","top":"SPACING_75","bottom":"NONE","horizontal":"DESKTOP_ONLY","apply_max_width":true,"enabled":false,"test_id":null,"type":"live","podcast_image_id":"","display_on":"both","article_id":null,"kickerText":"","kickerIcon":null,"testId":null},"displayProperties":{},"localEdits":{},"variants":{}}}]},{"collection":"sections","props":{"collection":"sections","id":1},"children":[{"collection":"features","type":"article/article-wall","props":{"collection":"features","type":"article/article-wall","id":"f0faDOAaelmJTo","name":"Article Wall","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"enableSocialSignUp":true,"disableDismissablePaywall":true},"displayProperties":{},"localEdits":{},"variants":{}}},{"collection":"chains","type":"article","props":{"collection":"chains","type":"article","id":"c0flAIuEclmJUc","name":"Article-v2","customFields":{"adCharacterSplit":400,"share_buttons":true,"confirmation_email_sent_page_url":"/confirmationsent/","legal_marketing_page_url":"https://legal.thomsonreuters.com/en/products/reuters-legal-news","regwall_signup_url":"/account/register/sign-up/","regwall_signin_url":"/account/sign-in/","subscription_details_page_url":"","terms_page_url":"/info-pages/terms-of-use/","jw_key":"JoXo2VMr","exclude":"IUWCOPLXL5LI7F2AOEX6ZIXS4Y","replace_sub_with_reg_wall":true,"preroll_sz":"3x3|400x300|640x360|640x480|1280x720","trust_badge_url":"https://www.thomsonreuters.com/en/about-us/trust-principles.html","preroll_type":"article_preroll","licenseContentCaptionLabel":"Purchase Licensing Rights","licenseContentCaptionUrl":"https://www.reutersagency.com/en/licensereuterscontent/?utm_medium=rcom-article-media&utm_campaign=rcom-rcp-lead","licenseContentButtonLabel":"Purchase Licensing Rights","licenseContentButtonUrl":"https://www.reutersagency.com/en/licensereuterscontent/?utm_medium=rcom-article-media&utm_campaign=rcom-rcp-lead","showLicenseContentButton":true,"preroll_template":"article","preroll_ad_type":"video","preroll_client":"ca-video-pub-8200574565762874","preroll_plcmt":2,"postroll_type":"article_postroll","show_key_points_tab":false,"show_key_points_tab_to_internal_users":false,"show_key_points_tab_to_guest_users":false},"displayProperties":{}},"children":[{"collection":"features","type":"freestar/broker-button","props":{"collection":"features","type":"freestar/broker-button","id":"f0frOBhxblmJYU","name":"Broker Button Ad Slot","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"sections":"/markets","visible_on_screens":"FOR_TABLET_DOWN","before_characters":400,"top":"SPACING_SINGLE","bottom":"SPACING_SINGLE","horizontal":"ALWAYS","apply_max_width":true,"all_placement_name":"reuters_broker","all_channel":"/4735792/reuters.com/business/energy/article","all_type":"broker","sections_right_rail":"markets","visible_on_screens_right_rail":"mobile_and_tablet","primary_media_type":""},"displayProperties":{},"localEdits":{},"variants":{}}},{"collection":"features","type":"article/article-video","props":{"collection":"features","type":"article/article-video","id":"f0fLWRIBblmJ8r","name":"Article Video - Mobile","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"count":10,"top":"SPACING_SINGLE","bottom":"SPACING_SINGLE","horizontal":"NONE","apply_max_width":true,"before_characters":400,"placement":"in-article","location":"Article","playerDivId":"in-article-mobile-video-player","iu":"/4735792/reuters.com/business/energy/article","sz":"3x3|400x300|640x360|640x480|1280x720","template":"article","ad_type":"video","client":"ca-video-pub-8200574565762874","plcmt":2,"prerollType":"inline_preroll","midrollType":"inline_midroll","primary_media_type":"gallery,image","visible_on_screens":"FOR_TABLET_DOWN","isExco":true,"excoPlayerId":"","playerType":"connatix","cnxPlayerId":"d7a89af2-7f5b-4fc1-857f-55d3ed596c73","cnxScriptId":"1eea4eba-e472-4d2e-a0ea-54db387c3946"},"displayProperties":{},"localEdits":{},"variants":{}}},{"collection":"features","type":"freestar/ad-slot","props":{"collection":"features","type":"freestar/ad-slot","id":"f0fFwewFblmJBh","name":"DESKTOP - Freestar Ad Slot-1","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"top":"SPACING_SINGLE_THREE_QUARTERS","bottom":"SPACING_SINGLE_THREE_QUARTERS","horizontal":"NONE","apply_max_width":true,"before_characters":400,"fixedHeight":true,"desktop_only_placement_name":"reuters_desktop_native_1","desktop_only_channel":"/4735792/reuters.com/business/energy/article","desktop_only_type":"native","tablet_mobile_placement_name":null,"tablet_mobile_channel":"","tablet_mobile_type":"","visible_on_screens":"FOR_DESKTOP"},"displayProperties":{},"localEdits":{},"variants":{}}},{"collection":"features","type":"freestar/ad-slot","props":{"collection":"features","type":"freestar/ad-slot","id":"f0fBJdkAuHlL50u","name":"MOBILE - Freestar Ad Slot-1","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"top":"SPACING_SINGLE_THREE_QUARTERS","bottom":"SPACING_SINGLE_THREE_QUARTERS","horizontal":"NONE","apply_max_width":true,"before_characters":400,"fixedHeight":true,"desktop_only_placement_name":null,"desktop_only_channel":"","desktop_only_type":"","tablet_mobile_placement_name":"reuters_mobile_mpu_1","tablet_mobile_channel":"/4735792/reuters.com/business/energy/article","tablet_mobile_type":"mpu","pbInternal_cloneId":"f0fBJdkAuHlL50u","visible_on_screens":"FOR_TABLET_DOWN"},"displayProperties":{},"localEdits":{},"variants":{}}},{"collection":"features","type":"freestar/ad-slot","props":{"collection":"features","type":"freestar/ad-slot","id":"f0fLAHMIblmJgr","name":"DESKTOP - Freestar Ad Slot-2","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"top":"SPACING_SINGLE_THREE_QUARTERS","bottom":"SPACING_SINGLE_THREE_QUARTERS","horizontal":"NONE","apply_max_width":true,"before_characters":600,"fixedHeight":true,"desktop_only_placement_name":"reuters_desktop_native_2","desktop_only_channel":"/4735792/reuters.com/business/energy/article","desktop_only_type":"native2","tablet_mobile_placement_name":null,"tablet_mobile_channel":"","tablet_mobile_type":"","visible_on_screens":"FOR_DESKTOP"},"displayProperties":{},"localEdits":{},"variants":{}}},{"collection":"features","type":"freestar/ad-slot","props":{"collection":"features","type":"freestar/ad-slot","id":"f0fms16Lc56c4ki","name":"MOBILE - Freestar Ad Slot-2","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"top":"SPACING_SINGLE_THREE_QUARTERS","bottom":"SPACING_SINGLE_THREE_QUARTERS","horizontal":"NONE","apply_max_width":true,"before_characters":400,"fixedHeight":true,"desktop_only_placement_name":null,"desktop_only_channel":"","desktop_only_type":"","tablet_mobile_placement_name":"reuters_mobile_mpu_2","tablet_mobile_channel":"/4735792/reuters.com/business/energy/article","tablet_mobile_type":"native","pbInternal_cloneId":"f0fms16Lc56c4ki","visible_on_screens":"FOR_TABLET_DOWN"},"displayProperties":{},"localEdits":{},"variants":{}}},{"collection":"features","type":"article/article-video","props":{"collection":"features","type":"article/article-video","id":"f0f2dv8lclmJ2q","name":"DESKTOP - Article Video","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"count":10,"top":"SPACING_SINGLE","bottom":"SPACING_SINGLE","horizontal":"NONE","apply_max_width":true,"before_characters":800,"location":"Article","playerDivId":"in-article-desktop-video-player-1","iu":"/4735792/reuters.com/business/energy/article","sz":"3x3|400x300|640x360|640x480|1280x720","template":"article","ad_type":"video","client":"ca-video-pub-8200574565762874","plcmt":2,"prerollType":"inline_preroll","midrollType":"inline_midroll","primary_media_type":"gallery,image","visible_on_screens":"FOR_DESKTOP","isExco":true,"excoPlayerId":"","playerType":"connatix","cnxPlayerId":"d7a89af2-7f5b-4fc1-857f-55d3ed596c73","cnxScriptId":"1eea4eba-e472-4d2e-a0ea-54db387c3946"},"displayProperties":{},"localEdits":{},"variants":{}}},{"collection":"features","type":"freestar/ad-slot","props":{"collection":"features","type":"freestar/ad-slot","id":"f0fNWEbpclmJ0g","name":"DESKTOP - Freestar Ad Slot-3","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"top":"SPACING_SINGLE_THREE_QUARTERS","bottom":"SPACING_SINGLE_THREE_QUARTERS","horizontal":"NONE","apply_max_width":true,"before_characters":800,"fixedHeight":true,"desktop_only_placement_name":"reuters_desktop_native_3","desktop_only_channel":"/4735792/reuters.com/business/energy/article","desktop_only_type":"native3","tablet_mobile_placement_name":null,"tablet_mobile_channel":"","tablet_mobile_type":"","desktop_only_show_dianomi":false,"visible_on_screens":"FOR_DESKTOP"},"displayProperties":{},"localEdits":{},"variants":{}}},{"collection":"features","type":"freestar/ad-slot","props":{"collection":"features","type":"freestar/ad-slot","id":"f0fiUMQJ4drg4VK","name":"MOBILE - Freestar Ad Slot-3","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"top":"SPACING_SINGLE_THREE_QUARTERS","bottom":"SPACING_SINGLE_THREE_QUARTERS","horizontal":"NONE","apply_max_width":true,"before_characters":400,"fixedHeight":true,"desktop_only_placement_name":null,"desktop_only_channel":"","desktop_only_type":"","tablet_mobile_placement_name":"reuters_mobile_mpu_3","tablet_mobile_channel":"/4735792/reuters.com/business/energy/article","tablet_mobile_type":"native2","desktop_only_show_dianomi":false,"pbInternal_cloneId":"f0fiUMQJ4drg4VK","visible_on_screens":"FOR_TABLET_DOWN"},"displayProperties":{},"localEdits":{},"variants":{}}},{"collection":"features","type":"freestar/ad-slot","props":{"collection":"features","type":"freestar/ad-slot","id":"f0fWMjQxclmJ91","name":"Freestar Ad Slot-4","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"top":"SPACING_SINGLE_THREE_QUARTERS","bottom":"SPACING_SINGLE_THREE_QUARTERS","horizontal":"NONE","apply_max_width":true,"before_characters":400,"mobile_only_placement_name":null,"mobile_only_channel":"","mobile_only_type":"","fixedHeight":true,"tablet_mobile_placement_name":"reuters_mobile_mpu_4","tablet_mobile_channel":"/4735792/reuters.com/business/energy/article","tablet_mobile_type":"mpu2","tablet_mobile_show_dianomi":false},"displayProperties":{},"localEdits":{},"variants":{}}},{"collection":"features","type":"common/read-next-v2","props":{"collection":"features","type":"common/read-next-v2","id":"f0fyrlYAclmJ3R","name":"Read Next V2","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"articles_from":"Collection from Section or Section","label":"Read Next","section_id":"/business/energy/","size":5,"exclude":"IUWCOPLXL5LI7F2AOEX6ZIXS4Y","top":"NONE","bottom":"NONE","horizontal":"TABLET_MOBILE_ONLY","apply_max_width":true},"displayProperties":{},"localEdits":{},"variants":{}}}]}]},{"collection":"sections","props":{"collection":"sections","id":2},"children":[]},{"collection":"sections","props":{"collection":"sections","id":3},"children":[{"collection":"chains","type":"sticky-rail-chain","props":{"collection":"chains","type":"sticky-rail-chain","id":"c0ftELiBdlmJJO","name":"Sticky Rail","customFields":{"sticky_heights":["0px","1200px","1200px","1200px","1200px"],"sticky_assured":["true","true","false","false","false"],"sticky_groups":["2"]},"displayProperties":{}},"children":[{"collection":"features","type":"freestar/broker-button","props":{"collection":"features","type":"freestar/broker-button","id":"f0fxb6UkdlmJHq","name":"Broker Button Ad Slot","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"sections":"markets","visible_on_screens":"desktop_only","before_characters":null,"top":"NONE","bottom":"SPACING_SINGLE","horizontal":"NONE","apply_max_width":false,"all_placement_name":"reuters_broker","all_channel":"/4735792/reuters.com/business/energy/article","all_type":"broker","sections_right_rail":"markets","visible_on_screens_right_rail":"desktop_only"},"displayProperties":{},"localEdits":{},"variants":{}}},{"collection":"features","type":"freestar/ad-slot","props":{"collection":"features","type":"freestar/ad-slot","id":"f0fQ3lOodlmJPs","name":"Freestar Ad Slot-1","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"top":"NONE","bottom":"SPACING_SINGLE","horizontal":"NONE","apply_max_width":true,"before_characters":null,"desktop_only_placement_name":"reuters_desktop_right_rail_1","desktop_only_channel":"/4735792/reuters.com/business/energy/article","desktop_only_type":"mpu"},"displayProperties":{},"localEdits":{},"variants":{}}},{"collection":"features","type":"freestar/ad-slot","props":{"collection":"features","type":"freestar/ad-slot","id":"f0fBh7jrdlmJez","name":"Freestar Ad Slot-2","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"top":"NONE","bottom":"SPACING_SINGLE","horizontal":"NONE","apply_max_width":true,"before_characters":null,"desktop_only_placement_name":"reuters_desktop_right_rail_2","desktop_only_channel":"/4735792/reuters.com/business/energy/article","desktop_only_type":"mpu2"},"displayProperties":{},"localEdits":{},"variants":{}}},{"collection":"features","type":"freestar/ad-slot","props":{"collection":"features","type":"freestar/ad-slot","id":"f0fu0tBtdlmJWP","name":"Freestar Ad Slot-3","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"top":"NONE","bottom":"SPACING_SINGLE","horizontal":"NONE","apply_max_width":true,"before_characters":null,"desktop_only_placement_name":"reuters_desktop_right_rail_3","desktop_only_channel":"/4735792/reuters.com/business/energy/article","desktop_only_type":"mpu3"},"displayProperties":{},"localEdits":{},"variants":{}}},{"collection":"features","type":"freestar/ad-slot","props":{"collection":"features","type":"freestar/ad-slot","id":"f0f5eNOxdlmJQL","name":"Freestar Ad Slot-4","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"top":"NONE","bottom":"SPACING_SINGLE","horizontal":"NONE","apply_max_width":true,"before_characters":null,"desktop_only_placement_name":"reuters_desktop_right_rail_4","desktop_only_channel":"/4735792/reuters.com/business/energy/article","desktop_only_type":"mpu4"},"displayProperties":{},"localEdits":{},"variants":{}}}]}]},{"collection":"sections","props":{"collection":"sections","id":4},"children":[]},{"collection":"sections","props":{"collection":"sections","id":5},"children":[{"collection":"features","type":"freestar/ad-slot","props":{"collection":"features","type":"freestar/ad-slot","id":"f0fqbusNdlmJa8","name":"Freestar Ad Slot","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"top":"SPACING_SINGLE","bottom":"SPACING_SINGLE","horizontal":"TABLET_MOBILE_ONLY","apply_max_width":false,"before_characters":400,"desktop_only_placement_name":"reuters_recirc_end_unit","desktop_only_channel":"/4735792/reuters.com/business/energy/article","desktop_only_type":"recirc_endunit","desktop_only_variation":"hptod","tablet_mobile_placement_name":"reuters_recirc_end_unit","tablet_mobile_type":"recirc_endunit","tablet_mobile_channel":"/4735792/reuters.com/business/energy/article"},"displayProperties":{},"localEdits":{},"variants":{}}},{"collection":"features","type":"common/workspace-article-banner","props":{"collection":"features","type":"common/workspace-article-banner","id":"f0fHAvEPdlmJgY","name":"Workspace Article Banner","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"url":"https://www.lseg.com/en/data-analytics/products/workspace?utm_source=reuters.com&utm_medium=articlebanner&utm_campaign=Reuters_ProductPage_Links","imageAlias":"lseg_image","top":"SPACING_SINGLE","bottom":"SPACING_SINGLE","horizontal":"TABLET_MOBILE_ONLY","apply_max_width":false,"wealthImageAlias":"wealth_lseg_image","wealthUrl":"https://www.lseg.com/en/data-analytics/wealth-management-solutions/automate-advisor-workflow/workspace-wealth-advisors?utm_source=reuters.com&utm_medium=articlebanner&utm_campaign=Reuters_ProductPage_Links"},"displayProperties":{},"localEdits":{},"variants":{}}}]},{"collection":"sections","props":{"collection":"sections","id":6},"children":[]},{"collection":"sections","props":{"collection":"sections","id":7},"children":[{"collection":"features","type":"common/dianomi","props":{"collection":"features","type":"common/dianomi","id":"f0fQ0c0qr6p559Q","name":"Dianomi - Video","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"top":"SPACING_SINGLE","bottom":"SPACING_SINGLE","horizontal":"TABLET_MOBILE_ONLY","apply_max_width":true,"type":"VIDEO"},"displayProperties":{},"localEdits":{},"variants":{}}},{"collection":"features","type":"common/dianomi","props":{"collection":"features","type":"common/dianomi","id":"f0fcHL7WdlmJsS","name":"Dianomi","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"top":"SPACING_SINGLE","bottom":"SPACING_SINGLE","horizontal":"TABLET_MOBILE_ONLY","apply_max_width":true,"type":"TOP"},"displayProperties":{},"localEdits":{},"variants":{}}},{"collection":"features","type":"common/section-story-grid","props":{"collection":"features","type":"common/section-story-grid","id":"f0fPLWZXdlmJz1","name":"Section Stories","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"articles_from":"Section","id_or_alias":"/business/","size":5,"layout":"One Hero + Two Columns (no right rail)","ad_unit_path":"/4735792/reuters.com/business/energy/article","sophi_page":"","sophi_widget":"","exclude":"IUWCOPLXL5LI7F2AOEX6ZIXS4Y","top":"SPACING_SINGLE","bottom":"NONE","horizontal":"NONE","apply_max_width":true},"displayProperties":{},"localEdits":{},"variants":{}}},{"collection":"features","type":"common/dianomi","props":{"collection":"features","type":"common/dianomi","id":"f0fD92T0elmJb8","name":"Dianomi","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"top":"SPACING_SINGLE","bottom":"SPACING_SINGLE","horizontal":"TABLET_MOBILE_ONLY","apply_max_width":true,"type":"BOTTOM","pbInternal_cloneId":"f0fhbXUBXbFu4BM"},"displayProperties":{},"localEdits":{},"variants":{}}}]},{"collection":"sections","props":{"collection":"sections","id":8},"children":[{"collection":"features","type":"common/site-footer","props":{"collection":"features","type":"common/site-footer","id":"f0fKeJS5elmJdE","name":"Footer - Don't Edit!","contentConfig":{"contentService":"","contentConfigValues":{},"inherit":true},"customFields":{"latest_links":"[\n {\n \"text\": \"Home\",\n \"url\": \"/\",\n \"self\": true\n },\n {\n \"text\": \"Authors\",\n \"url\": \"/sitemap/authors/\",\n \"self\": true\n },\n {\n \"text\": \"Topic Sitemap\",\n \"url\": \"/sitemap/topics/\",\n \"self\": true\n },\n {\n \"text\": \"Archive\",\n \"url\": \"/archive/\",\n \"self\": true\n },\n {\n \"text\": \"Article Sitemap\",\n \"url\": \"/sitemap/\",\n \"self\": true\n }\n]","browse_links":"[\n {\n \"text\": \"World\",\n \"url\": \"/world/\",\n \"self\": true\n },\n {\n \"text\": \"Business\",\n \"url\": \"/business/\",\n \"self\": true\n },\n {\n \"text\": \"Markets\",\n \"url\": \"/markets/\",\n \"self\": true\n },\n {\n \"text\": \"Sustainability\",\n \"url\": \"/sustainability/\",\n \"self\": true\n },\n {\n \"text\": \"Legal\",\n \"url\": \"/legal/\",\n \"self\": true\n },\n {\n \"text\": \"Breakingviews\",\n \"url\": \"/breakingviews/\",\n \"self\": true\n },\n {\n \"text\": \"Technology\",\n \"url\": \"/technology/\",\n \"self\": true\n },\n {\n \"text\": \"Investigations\",\n \"url\": \"/investigations/\",\n \"self\": true\n },\n {\n \"text\": \"Sports\",\n \"url\": \"/sports/\",\n \"self\": true\n },\n {\n \"text\": \"Science\",\n \"url\": \"/science/\",\n \"self\": true\n },\n {\n \"text\": \"Lifestyle\",\n \"url\": \"/lifestyle/\",\n \"self\": true\n }\n]","media_links":"[{\n \"text\": \"Videos\",\n \"url\": \"https://www.reuters.com/video/\",\n \"symbol\": \"videos\",\n \"self\": true\n}, {\n \"text\": \"Pictures\",\n \"url\": \"https://www.reuters.com/pictures/\",\n \"symbol\": \"pictures\",\n \"self\": true\n}, {\n \"text\": \"Graphics\",\n \"url\": \"https://www.reuters.com/graphics/\",\n \"symbol\": \"graphics\",\n \"self\": true\n},{\n \"text\": \"Podcasts\",\n \"url\": \"https://www.reuters.com/podcasts/\",\n \"symbol\": \"podcast\",\n \"self\": true\n}]","about_links":"[\n {\n \"text\": \"About Reuters\",\n \"url\": \"https://reutersagency.com/about/\"\n },\n {\n \"text\": \"Media Center\",\n \"url\": \"/media-center/\"\n },\n{\n \"text\": \"Advertise with Us\",\n \"url\": \"https://www.reutersprofessional.com/advertise-with-us/p/1\"\n },\n {\n \"text\": \"Careers\",\n \"url\": \"https://www.thomsonreuters.com/en/careers\"\n },\n {\n \"text\": \"Reuters News Agency\",\n \"url\": \"https://reutersagency.com/?utm_source=website&utm_medium=reuters&utm_campaign=site-referral&utm_content=us&utm_term=0\"\n },\n {\n \"text\": \"Brand Attribution Guidelines\",\n \"url\": \"https://reutersagency.com/brand-attribution-guidelines/\"\n },\n {\n \"text\": \"Reuters and AI\",\n \"url\": \"/info-pages/reuters-and-ai/\"\n },\n {\n \"text\": \"Reuters Leadership\",\n \"url\": \"https://reutersagency.com/about/leadership-team/\"\n },\n {\n \"text\": \"Reuters Fact Check\",\n \"url\": \"/fact-check/\",\n \"self\": true,\n \"analyticsProps\": {\n \"category\": \"Global Footer\",\n \"label\": \"/fact-check/\",\n \"ui_element\": \"Reuters Fact Check\",\n \"ui_element_label\": \"Reuters Fact Check\",\n \"ui_element_location\": \"footer page\"\n }\n},\n {\n \"text\": \"Reuters Diversity Report\",\n \"url\": \"https://www.reuters.com/graphics/DIVERSITY-REPORT/2024/xmpjbgdrapr/\"\n },\n {\n \"text\": \"Commercial Disclosure (Japan)\",\n \"url\": \"https://www.reuters.com/info-pages/commercial-disclosure/\"\n }\n]","stay_informed_links":"[\n {\n \"text\": \"Download the App (iOS)\",\n \"url\": \"https://apps.apple.com/app/reuters-news/id602660809\"\n },\n {\n \"text\": \"Download the App (Android)\",\n \"url\": \"https://play.google.com/store/apps/details?id=com.thomsonreuters.reuters\"\n },\n {\n \"text\": \"Newsletters\",\n \"url\": \"https://www.reuters.com/newsletters/\",\n \"self\": true,\n \"analyticsProps\": {\n \"event_name\": \"registration.newsletter.signup.initiate\",\n \"subscribed_newsletter\": \" \",\n \"ui_element_location\": \"Footer\",\n \"label\": \"Newsletter sign up initiate\",\n \"ui_element\": \"newsletter_signup_initiate\"\n }\n },\n {\n \"text\": \"Subscribe\",\n \"url\": \"/subscribe/offer/?journeyStart=Footer\",\n \"self\": true,\n \"analyticsProps\": {\n \"event_name\": \"ui.interaction\",\n \"ui_element_location\": \"Footer\",\n \"label\": \"/subscribe/offer/?journeyStart=Footer\",\n \"ui_element\": \"Subscription\"\n }\n }\n]","social_links":"[\n {\n \"type\": \"twitter\",\n \"url\": \"https://x.com/reuters\"\n },\n {\n \"type\": \"facebook\",\n \"url\": \"https://www.facebook.com/Reuters\"\n },\n {\n \"type\": \"instagram\",\n \"url\": \"https://www.instagram.com/Reuters\"\n },\n {\n \"type\": \"youtube\",\n \"url\": \"https://www.youtube.com/user/ReutersVideo\"\n },\n {\n \"type\": \"linkedin\",\n \"url\": \"https://www.linkedin.com/company/10256858/\"\n },\n {\n \"type\": \"whatsapp\",\n \"url\": \"https://www.whatsapp.com/channel/0029Va993qu5q08m6Tl6jP0U\"\n }\n]","company_description":"Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.","tr_products":"","refinitiv_products":"[\n {\n \"name\": \"Workspace\",\n \"description\": \"Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.\",\n \"url\": \" https://www.lseg.com/en/data-analytics/products/workspace?utm_source=reuters.com&utm_medium=footer&utm_campaign=Reuters_ProductPage_Links\"\n },\n {\n \"name\": \"Data Catalogue\",\n \"description\": \" Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.\",\n \"url\": \" https://www.lseg.com/en/data-analytics/financial-data/?utm_source=reuters.com&utm_medium=footer&utm_campaign=Reuters_DataCatalogPage_Links\"\n },\n {\n \"name\": \"World-Check\",\n \"description\": \"Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.\",\n \"url\": \"https://www.lseg.com/en/risk-intelligence/screening-solutions/world-check-kyc-screening?utm_source=reuters.com&utm_medium=footer&utm_campaign=Reuters_ProductPage_Links\"\n }\n]","ad_links":"[\n {\n \"text\": \"Advertise With Us\",\n \"url\": \"https://www.reutersprofessional.com/advertising-solutions/p/1\"\n },\n {\n \"text\": \"Advertising Guidelines\",\n \"url\": \"/info-pages/advertising-guidelines/\",\n \"self\": true\n },\n {\n \"text\": \"Purchase Licensing Rights\",\n \"url\": \"https://www.reutersagency.com/en/licensereuterscontent/?utm_medium=rcom-footer&utm_campaign=rcom-rcp-lead\",\n \"isLicenseContent\": true\n}\n]","misc_links":"[\n {\n \"text\": \"Cookies\",\n \"url\": \"https://www.thomsonreuters.com/en/privacy-statement.html#cookies\"\n },\n {\n \"text\": \"Terms & Conditions\",\n \"url\": \"/info-pages/terms-of-use/\",\n \"self\": true\n },\n {\n \"text\": \"Privacy\",\n \"url\": \"https://www.thomsonreuters.com/en/privacy-statement.html\"\n },\n {\n \"text\": \"Copyright\",\n \"url\": \"https://www.thomsonreuters.com/en/policies/copyright\"\n },\n {\n \"text\": \"Digital Accessibility\",\n \"url\": \"https://www.thomsonreuters.com/en/policies/digital-accessibility-policy.html\"\n },\n {\n \"text\": \"Corrections\",\n \"url\": \"/info-pages/contact-us/\",\n \"self\": true\n },\n {\n \"text\": \"Data Disclosure and Sources\",\n \"url\": \"/info-pages/data-disclosure-and-sources/\"\n },\n {\n \"text\": \"Site Feedback\",\n \"url\": \"https://trdigital.iad1.qualtrics.com/jfe/form/SV_8kte8gArGyCGVhz\"\n }\n]","disclaimer_link":"https://www.reuters.com/info-pages/disclaimer/","copyright_link":"https://www.thomsonreuters.com/en/policies/copyright.html","copyright_year":"2026","test_id":null},"displayProperties":{},"localEdits":{},"variants":{}}}]},{"collection":"sections","props":{"collection":"sections","id":9},"children":[]}]};Fusion.spa=false;Fusion.spaEnabled=false;</script></body></html>