Russia

Oil-producing countries fuelling another economic crisis. Oil production cuts will increase inflation, reduce growth. Oil importing nations will have to raise interest rates.

Russia 19/05/2023

(April 05-2023) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said oil-producing countries have decided to reduce oil production to increase their profits. The decision...

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Oil-producing countries fuelling another economic crisis. Oil production cuts will increase inflation, reduce growth. Oil importing nations will have to raise interest rates.

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