Limits

• Blue Owl Capital investors requested $5.4 billion in redemptions from two private credit funds amid accelerating outflows in the financial services sector. • The fund manager reversed its policy by capping redemptions at 5% to manage liquidity pressures effectively. • This development highlights rising concerns over private credit market stability amid broader economic uncertainties.

International Energy Agency recommends emergency measures, including working from home, as Iran war hits fuel supplyLowering speed limits to minimise fuel consumption is among potential contingency plans being drawn up by the UK government as the crisis in the Middle East threatens global oil supplies.Sources stressed that there is no shortage of fuel in the UK, but said that officials in the Department for Transport are working with the Department for Energy Security and Net Zero (DESNZ) on an analysis of how what measures could be taken to curb oil demand. Continue reading...

The EPA proposed on March 13, 2026, to relax air pollution standards for ethylene oxide used in sterilizing medical devices like catheters and syringes, reversing Biden-era cancer risk findings. The agency cites threats to domestic supply chains for essential equipment. Industry leaders like Scott Whitaker of the Advanced Medical Technology Association praised the move for ensuring uninterrupted sterile supplies while protecting communities. The change aligns with broader Trump EPA efforts to cut industry costs, with public comments expected next.