• The U.S. Energy Department announced plans Wednesday to loan an additional 10 million barrels of crude from the Strategic Petroleum Reserve as part of a 172 million-barrel drawdown.
• West Texas Intermediate crude prices exceeded $112 per barrel due to ongoing Iran conflict disruptions, prompting the reserve release to curb domestic fuel costs.
• Critics warn the extensive SPR drawdown heightens U.S. energy vulnerabilities during prolonged geopolitical tensions and supply chain risks through key chokepoints.
• CoreWeave, Inc. (CRWV) shares jumped 12% after securing an $8.5 billion loan to scale its AI infrastructure.
• The financing strengthens investor confidence in CoreWeave's expansion plans amid booming demand for AI computing power.
• This deal highlights growing capital inflows into AI-focused firms, potentially accelerating sector growth in 2026.
Law firm is preparing claim on behalf of 30,000 consumers who fear the FCA’s redress scheme will shortchange themLloyds Banking Group is facing a court battle with 30,000 aggrieved car loan customers who are set to abandon the City regulator’s official redress scheme amid fears it will shortchange consumers and favour lenders.The claims law firm Courmacs Legal is planning to file a £66m omnibus claim on behalf of borrowers who believe they were financially harmed by car loan contracts set up by Lloyds’ motor finance arm, Blackhorse. Continue reading...
Court’s decision to eliminate Save plan and internal shuffling on who handles what when it comes to student loans presents new challenges for borrowersSign up for the Breaking News US email to get newsletter alerts in your inboxMany Americans with student debt are again facing future upheaval after a federal appeals court recently ordered the end of a Biden-era student loan repayment program, known as the Saving on a Value Education (Save) Plan, a move that coincided with another grim revelation: new education department data shows that by the end of 2025, 7.7 million borrowers had defaulted on $181bn in federal student loans.The Save plan, which was launched in 2023, is an income-driven repayment program created with the goal of cutting undergraduate loans in half, bringing some borrowers’ monthly payments to $0, and offering early forgiveness for low-balance borrowers. Shortly after the program was announced, Republican attorneys general across the country sued to get it killed, arguing that it was an overstep of executive power and imposed heavy taxpayer costs. Continue reading...
Hungarian PM, who is facing an upcoming election, appears in no mood to compromise as EU leaders meet in Brussels this morningThe new Dutch prime minister, Rob Jetten, is making his European Council debut this morning.Asked about Viktor Orbán’s position, Jetten insisted that “it is obvious that Ukraine needs out full support to win this war against the Russian aggression,” as he stressed the EU loan “is crucial to make sure Ukraine can prepare for the next winter.” Continue reading...
Hungarian PM shows no sign of backing down while Volodymyr Zelenskyy urges EU to resolve disputeHungary’s prime minister, Viktor Orbán, will face pressure from other EU leaders to stop blocking a vital €90bn loan for Ukraine over a political dispute about an oil pipeline.Ahead of an EU summit on Thursday, Orbán, who faces elections next month, showed no sign of backing down in his veto of the loan. He said he would not allow it until the damaged Soviet-era Druzhba pipeline supplying Hungary with Russian oil via Ukraine was repaired. Continue reading...
• The U.S. meets the Dominican Republic in the 2026 WBC semifinals on March 15 at 8 p.m. ET at loanDepot park in Miami, after advancing with a 5-3 win over Canada.
• U.S. boasts a red-hot offense with 40 runs in their last 5 games (wins over Canada 5-3, Mexico 5-3, Greece 9-1, Brazil 15-5; loss to Italy 8-6); leaders include Brice Turang (.467 AVG), Aaron Judge (2 HR).
• Dominican Republic counters with strong pitching (3.40 team ERA, .184 opponent AVG); Vladimir Guerrero Jr. leads at .500 AVG; U.S. favored at -141 odds, total runs over/under 8.5.
Poland's President Andrzej Duda vetoed legislation on March 14, 2026, blocking access to nearly €44 billion in EU defense loans, escalating tensions with his government. The move comes amid broader EU-US friction over Ukraine support and Middle East conflicts. Critics argue it weakens collective defense as Russia benefits from lifted sanctions. Warsaw anticipates legal challenges and potential EU funding cuts.
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