Japan’s Ruling Coalition in Jeopardy, Russia’s Oil Capacity Hit, and VW’s EV Sales Surge

Political Landscape in Japan - The Komeito party plans to exit its coalition with the Liberal Democratic Party (LDP) due to unresolved political and financial disagreements [2][7] - This potential exit could end a partnership lasting over 25 years, leading to political uncertainty in Japan [2][7] - Disagreements include issues related to political donation regulations and a slush funds scandal involving the LDP [2][7] Energy Market Impact - Ukrainian forces have reportedly reduced Russia's oil refining capacity by 21% over the past month through targeted attacks [3][7] - A total of 70 strikes were conducted on Russian territory during the same period, contributing to the decline in refining capacity [3][7] - Previous reports indicated a 13% decrease in Russian oil refining capacity due to drone strikes, resulting in increased domestic fuel prices [3] Automotive Sector Growth - Volkswagen (VWAGY) has seen a significant increase in electric vehicle (EV) sales in Europe, with a doubling of EV deliveries in Q1 2025 [4][7] - The company has captured approximately 26% of the European Battery Electric Vehicle (BEV) market, positioning itself as a leader [4][7] - Global BEV deliveries increased by 59% to 216,800 vehicles in Q1 2025 compared to the previous year, raising its global EV market share from 6% to 10% [4]