Russia back on‑tap

Washington eases sanctions to free up more Russian oil as Brent crude tops $101 a barrel. We break down the market fallout, the inflation squeeze and the impact on the Fed. Today’s recommended read: Iran war is one 'TACO' too far, by Jamie McGeever Subscribe to Mike Dolan's Morning Bid newsletter, and check out his columns on Reuters Open Interest. Produced by Eliza Davis Beard, Ethan Plotkin, and Abisoye Adelusi Sound engineering and music by Sebastian and Josh Sommer Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices