SQUAWK BOX, MONDAY 12TH SEPTEMBER, 2022

Queen Elizabeth's coffin lies in rest in Edinburgh, after a six-hour journey from Balmoral Castle, with her funeral set to take place on Monday September 19. King Charles III is formally proclaimed sovereign, with the new monarch set to start a tour of the UK in Scotland, for a service marking the passing of his mother. Ukrainian forces reclaim large stretches of territory in the northeast of the country, as Russia makes a hasty retreat and launches a barrage of missiles into Kharkiv. Crude prices slip amid warnings China's fuel demands could contract for the first time since 2002 as Beijing continues to impose a zero-covid policy approach to covid cases.