Russian Oil Most Discounted Since 2023 on Western Sanctions
Original Report
Russia’s flagship crude is selling at the deepest discount in the international marketplace in almost three years as western sanctions deter trade with Moscow.
Glass House Analysis
International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
Enjoyed this analysis?
Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.
No spam. Unsubscribe anytime.
More Stories
Europe hits back at 'pure tariff chaos' from the U.S., warning trade deals are at risk
European officials have reacted with disbelief to President Donald Trump's latest tariff policy, warning that trade deals could be at risk.
Snowfall intensifies in Northeast, with many stuck at home under blizzard warnings and travel bans
Millions of people in New York City and a large swath of the northeastern U.S. were stuck at home under road travel bans and blizzard warnings Monday.
UBS upgrades real estate stock hit by AI fears: 'Rare buying opportunity'
The bank believes CBRE’s fundamental business remains strong and will be able to weather the transition to an AI-driven economy.