Seven tankers carrying 288,000 tonnes of Russian diesel sail toward US

■ Steady

EU gas tops €100/MWh as Russian diesel tankers head for the US

On Thursday, seven tankers tracked by Greenpeace were reported to be sailing toward the US with an estimated 288,000 tonnes of Russian diesel, the first phase of a Trump-Putin supply deal. It is uncertain whether they can unload amid a row over the legality of the shipments. On Wednesday, European gas rose above €100 per megawatt hour, the highest since 2022, with EU storage 72% full. Canada and the EU also held a summit in Montreal on Thursday, with a joint declaration saying they will deepen ties but have dropped the associate membership proposal.

• The EU says it is not worried about gas supplies but warns of a difficult winter for households.
• The UN Security Council held an open debate on Thursday on how drones, autonomous vessels and cyberattacks threaten shipping lanes.
• US Trade Representative Jamieson Greer warned on Tuesday that a $3.4 billion European Investment Bank loan to Airbus could jeopardise the US-EU tariff truce.
• Canada signed a trade deal with the UAE on Wednesday and faces an EU carbon tariff threat within months, according to internal documents.