Qatar National Bank has launched a $650 million five-year floating rate note (FRN) under its $30 billion medium-term note programme. The senior unsecured notes, issued by QNB Finance Ltd and guaranteed by Qatar National Bank, are structured as Regulation S registered notes and will pay a quarterly coupon of SOFR plus 80 basis points.

U.S. forces in the Caribbean Sea have seized another sanctioned oil tanker the Trump administration says has ties to Venezuela, coming as part of a broader U.S. effort to take control of the South American country's oil.