Makana 360 Daily Report – 21 November 2025
📌 Energy – Oil Prices Continue to Fall Under Ukraine Peace Pressure
Oil prices continued to decline for a third straight session, as growing U.S. pressure for a political settlement between Russia and Ukraine raised expectations of higher future supply. Brent fell to around $79 per barrel and WTI to about $57.90, with weekly losses expected to exceed 2%. A stronger dollar and expectations that the U.S. Federal Reserve will delay interest rate cuts also weighed on prices, while markets remain cautious amid uncertainty over the impact of new U.S. sanctions on Rosneft and Lukoil.
📌 European Union – Legal Action Against Slovakia Over Constitutional Amendment
The European Commission has filed a lawsuit against Slovakia over a constitutional amendment that gives national laws priority over EU law on issues such as family, gender and national identity. Brussels sees this as a breach of the primacy of EU law. The Commission has sent a formal notice to Bratislava, giving the government two months to respond, amid warnings from pro-EU voices that this move could escalate political tensions and fuel concerns over weakening adherence to EU standards.
📌 India & Afghanistan – Launching Air Cargo Services to Boost Trade
India and Afghanistan are preparing to launch new air cargo services after Pakistan closed its land borders with Afghanistan following military clashes. The initiative aims to secure better access for Indian grains, medicines and industrial goods to the Afghan market. New Delhi says it has completed its formal procedures and is awaiting Afghan paperwork, as both sides reassess their relationship despite India not officially recognising the Taliban government.
📌 Key Media & Sports Highlights
• Miss Universe: Fatima Bouch (Fdz) dominates global digital coverage after being crowned the new Miss Universe, generating around 14.2 million mentions and interactions across platforms, with extensive attention from international media outlets.
• Argentine Football: The American Family Association criticises the Argentine Football Association over “chaos” caused by a newly introduced tournament and cup, blaming federation leaders amid an estimated 3.2 million mentions and interactions across social networks.
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