Is this sort of almost the end of globalization? Well, certainly sotave a big setback for it. If we do suddenly have a situation where countries like china and india are still buying oil from from russia, whereas nobody else is, i mean, we're not goingt well. And and e cano stop. Is it going to end? I don't shink that globalization ends because a lot of the trans that under bin gloalisatial ar wantet still te be there.
Russia’s invasion of Ukraine has laid bare the West’s reliance on Russian oil and gas. Around 40 per cent of Europe’s gas comes from Russia, while some 7 per cent of US oil is Russian. Journalists Javier Blas and Jack Farchy’s new book, The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources, tells the story of how trading commodities such as these has shaped the global financial landscape and why we find ourselves in a pivotal moment in which geopolitical and economic relationships are being tested. Investigative journalist and Manveen Rana speaks with Javier and Jack about the book and its wider themes.
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