BNP Pleads Guilty to Breaking U.S. Sanctions

July 1 (Bloomberg) -- A U.S. crackdown on financial institutions for alleged sanctions-busting threatens to penalize more European banks after France’s BNP Paribas SA was fined a record $8.97 billion for dealing with blacklisted countries. (Source: Bloomberg)

Supply Pressure Hits Saudi Arabia Before OPEC Meets
23:04 - In today’s “Futures in Focus,” Bob Iaccino, co-founder at Path Trading Partners, and Bloomberg's Julie Hyman examine oil supplies and the position of Saudi Arabia heading into the next round of OPEC meetings as prices hold below $50 per barrel. They speak on "Bloomberg Markets." (Source: Bloomberg)
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