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More and more friction

Posted on June 15, 2022 by Philip J Palin

S&P Global Insights has made available this infographic. Very helpful overview. Sanctions have added significant friction to all of these flows. The result is real reductions in volumes. But there is also evidence that persistent pull is continuing to prompt plenty of push –sometimes in new directions — from upstream capacity.

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Flows push and pull
The output gap
test
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