Saudi Arabia, Russia oil cuts could impact U.S. interest rates

Saudi Arabia, Russia oil cuts could impact U.S. interest rates – CBS News

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Saudi Arabia and Russia have agreed to extend their voluntary oil production cuts through the end of 2023 — a move that’s already driving prices up. Carolyn Kissane, associate dean at New York University’s Center for Global Affairs, joins CBS News to discuss how higher oil prices could also impact interest rates in the U.S.

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