RBC

Former German Chancellor Gerhard Schroeder has joined the supervisory board of a Russian retailer, according to a report by RBC. Schroeder has longstanding ties to Russian business and politics, and the move is likely to draw criticism given tensions between Moscow and Western governments over the war in Ukraine.

RBC Capital Markets reports that U.S. election-season politics are reshaping the country's diesel strategy. With campaigns in full swing, policy priorities around fuel supply, refining capacity, and energy prices are shifting, and market analysts are weighing how political outcomes could affect diesel demand, pricing, and distribution ahead of the vote.