Russian banks lost 1.5 trillion roubles ($25bn), in the first half year of sanctions imposed by western countries that deprived the country of large parts of the global financial system.
EU warned ‘Increasingly likely’ Putin will cut off gas supplies completely
Fitch warns that a complete shut-off of Russian gas supplies is increasingly possible, which could lead to the eurozone being driven into recession.
OPEC+ continues to plan for a gradual increase in oil production, but the price roars higher
Monday’s announcement by OPEC+ indicated that it would continue to adhere to the existing pact to increase oil production gradually. This has sent crude prices to new highs of three