Fossil loans.

The world’s richest countries at the OECD are at odds over ending export credit loans to oil and gas development, as the U.S. and EU differ over the extent of a ban, Financial Times reported.

Reason here: this could affect Exim, the U.S. credit export agency, which will need to secure fresh funding from Congress in 2026, opening it to political scrutiny from Republican lawmakers.

Anca heashot

Anca Gurzu

Chief Europe Correspondent