Citi rejects approach for Banamex to focus on IPO of Mexican bank
Decision is latest turn in long-running efforts to divest unit that once signified sprawling global ambitions
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US imposes new sanctions on Iranian petroleum exports
Measures are latest part of the Trump administration’s ‘maximum pressure’ campaign against Tehran
Fuel crisis fears in Serbia as US sanctions main oil refiner
Belgrade fails to secure further waiver from Trump administration for restrictions against Gazprom-controlled NIS
FTAV Q&A: Michelle Ostermann
The UK Pension Protection Fund’s chief talks Canada envy, risk, reform, and public sector consolidation
Russia destroys 60% of Ukraine’s gas production ahead of winter
Moscow’s intensified bombing campaign seeks to ‘break our spirit’, says head of state energy group
What’s driving the ‘surprising’ drop in Permian Basin emissions?
Also in today’s newsletter, the Trump administration presses Brussels over methane regulation