As energy prices rise, and inflation and interest rates along with them, the Western world is anxious for good news regarding an end to the US stand-off against Iran, and the Russia-Ukraine-NATO war. So when Trump announced a surprising breakthrough on Friday - the US importing shipments of Russian diesel in exchange for the lifting of (some) sanctions on Russia, the markets responded favorably. Look closer, however, and the amounts involved - assuming the deal is honored in the coming...
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