Housing correction is ‘dead ahead,’ warns Moody’s chief economist Mark Zandi — here’s how he sees things playing out over the next several months

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Russia’s Crude Oil Shipments to Crucial Asian Markets Falter

(Bloomberg) — Russia’s seaborne crude exports in the seven days to July 1 rebounded from the previous week’s plunge, but shipments to Asia are slipping, even as flows are diverted to the country’s Black Sea terminal to cut the voyage distance to India.Most Read from BloombergBezos Slams Biden Over Call for Lowering of Gas PricesLong, Moderate and Painful: What Next US Recession May Look LikeUS Court Ruling May Take 70,000 Truckers Off Road, Spur JamsJPMorgan Sees ‘Stratospheric’ $380 Oil on Wor