2 articles
Middle East tensions are escalating, driving oil prices towards $120 per barrel and impacting diesel and gasoline costs. Meanwhile, disappointing producer price data suggests the Federal Reserve may delay interest rate cuts, potentially until 2028, due to persistent inflation.
Russia's commercial sector is facing an unprecedented economic squeeze, with plummeting producer prices, rampant inflation, and soaring costs driving businesses into losses. While state-backed entities tied to the war effort remain insulated, the broader commercial landscape is grappling with unsustainable conditions, threatening widespread bankruptcies and a profound recession. This two-tier economy highlights the devastating long-term impact of sanctions and internal economic pressures on Russia's non-military enterprises.
