Indian rupee weakened to 94 per dollar, down 0.3%.

Iranian state media reported the Iranian president met with Brazil's president. They reviewed recent bilateral developments and said both countries should use their broad capabilities to advance economic, trade and international cooperation.

FT reports the US lifted fuel sanctions on Moscow to lower diesel prices; Kpler data show Russian diesel exports rose to 271,000 bpd in October from 135,000 bpd in September. The additional cargoes have not reached the US; shipments to Brazil, Turkey and other regions increased. Ship-tracking shows at least two tankers rerouted away from the US; one fully loaded Russian diesel tanker is anchored near the US East Coast awaiting a buyer. White House officials say negotiations with the owner of the Agioi Fanendes continue.