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Oil Hits $118: War’s Economic Reality

Oil Hits $118: War’s Economic Reality

Published 5 months, 2 weeks ago
Description
Today's essential intelligence covering international developments and European affairs. Currency and the Cost of Volatility
India’s rupee has breached 93 to the dollar, a record low that highlights the fragility of developing economies tethered to energy price swings (Bloomberg). The Subsidy Trap
The structural bedrock of the European economy is fracturing under a fresh energy shock.

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