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Episode details

World Service,17 Jun 2026,26 mins

Is Russia running short on fuel?

World Business Report

Available for over a year

Donald Trump’s new Federal Reserve chair, Kevin Warsh, has held interest rates steady at his first policy meeting, despite being appointed with a clear expectation that borrowing costs would fall. What does it mean for ordinary business owners in the States? And we look how motorbike couriers smuggling Iranian fuel into Pakistan, where riders say the war has triggered a new boom. Plus how does one of the world’s biggest oil producers end up short of fuel? We're in Russia where drivers are queuing for hours to fill up their tanks. (Picture: Smoke and fire rise from an oil depot in Rostov Region. Credit: Reuters)

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