Sanctions Sank Lukoil-Linked Grain Trader Before It Got Started
Original Report
Lukoil PJSC attempted a surprise push into grains trading from Dubai last year, before the plan was quickly scuppered by US sanctions on the Russian oil giant, according to people familiar with the...
Lukoil PJSC attempted a surprise push into grains trading from Dubai last year, before the plan was quickly scuppered by US sanctions on the Russian oil giant, according to people familiar with the matter.
Glass House Analysis
Energy prices affect virtually every aspect of daily life—from commuting costs to heating bills to the price of groceries (which must be transported). For working families, energy represents one of the most volatile and impactful line items in their budgets. Energy policy decisions ripple through the economy, affecting everything from manufacturing competitiveness to household financial stress.
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
President Trump's tariffs fueled U.S. Customs bond market boom. Now billions hang on Supreme Court ruling
Companies are anxious for Supreme Court ruling on Trump tariffs, but in addition to trade tax refunds, billions were paid in customs bonds and collateral.
Dow rockets 900 points higher in forceful market rebound from tech rout earlier in week: Live updates
Friday's rebound followed several days of heavy selling in the tech sector.
Trump takes down racist Truth Social post showing Obamas as apes after blowback
The depiction of the Obamas, posted from Trump's Truth Social account, was included in a video pushing a conspiracy theory about 2020 election voting machines.
U.S. arrests suspect in 2012 Benghazi consulate attack, Bondi says
Attorney General Pam Bondi said Zubayar al-Bakoush has been extradited to the United States and will face murder, arson and terrorism related charges.