US eases Russian oil sanctions in bid to contain Iran price surge
Renewal of 30-day licence comes as high fuel costs hit American consumers
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US extends Russian oil waiver in attempt to lower fuel prices
Thirty-day licence comes as American voters become frustrated at high cost of petrol and diesel
Citi strikes €15bn partnership with BlackRock for private European lending
Deal aims to give bank added firepower to finance private equity dealmaking in Europe and Middle East
The Fed will have to raise interest rates in July to appease ‘bond vigilantes,’ Yardeni says
Sent to the Federal Reserve to lower interest rates, incoming Chair Kevin Warsh instead may have to push for higher levels.
UK plans to relax key banking rules set up after 2008 financial crisis
Chief secretary to the Treasury says softening ringfencing regulations would free up £80bn for extra lending