Crude prices dip after OPEC and the IEA warn that supplies are building up, and the U.S. investigates whether prices are being manipulated, with President Biden calling for major consuming nations to release their reserves. In tech news, Nvidia beats expectations on strong demand for its AI chips but Cisco misses, cutting its full year guidance. Acting German Chancellor Angela Merkel says her country is seeing a ‘dramatic’ fourth Covid wave, while Belgian Prime Minister Alexander De Croo tells CNBC that his country is battling a strong mutation of the virus. We also hear from U.S. Former National Security Adviser John Bolton, who insists that Vladimir Putin is engineering the migrant stand-off on the Polish-Belarussian border.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.