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Bank of England Governor Bailey: We can wait and see for now.

2026-08-28

Bank of England Governor Bailey: We can wait and see for now.

Other News
2026-08-29

Serbia's energy minister said the US has again granted Serbia a waiver, temporarily deferring sanctions on Russian-controlled oil producer Naftna Industrija Srbije (NIS).

Serbia's energy minister said the US has again granted Serbia a waiver, temporarily deferring sanctions on Russian-controlled oil producer Naftna Industrija Srbije (NIS).
2026-08-28

Russia is experiencing a second round of fuel shortages after Ukraine stepped up strikes on Russian refineries. Data compiled from public statements by both sides show Ukrainian forces have hit Russian crude-processing facilities at at least 21 times

Russia is experiencing a second round of fuel shortages after Ukraine stepped up strikes on Russian refineries. Data compiled from public statements by both sides show Ukrainian forces have hit Russian crude-processing facilities at at least 21 times in August, a monthly record. Attacks eased briefly in late July, temporarily improving supplies, but shortages have returned even in Moscow and surrounding regions — historically Russia’s largest fuel-consuming and best-supplied area — where residents report queues of 30–50 cars at gas stations. Ukraine has struck four of Russia’s ten largest refineries this month; those plants were built to secure fuel for the country’s most densely populated, industrial regions.
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