Rebranded McDonald’s faces key ingredient shortage
Vkusno i Tochka, Russia’s rebranded McDonald’s, has removed fries from its menu due to a worsening sanctions-related potato shortage
Russian fuel is flooding the Middle East – Bloomberg
Imports of Russian oil products to the Middle East hit a six-year high last month, while EU imports dropped 30%, Bloomberg reports
Recession risk warning issued for top Western economies
The US and German economies are moving towards a recession, Deutsche Bank warns
Europe becomes top US oil consumer – Bloomberg
Europe has overtaken Asia to become the top importer of US oil amid sanctions on Russia, Bloomberg reports
Saudi Arabia outlines what it will do for oil output
Crown Prince Mohammed bin Salman says Saudi Arabia is ready to increase oil production, but to no more than 13 million barrels per day