If we're not buying russia's oil, where will they still be selling? Well, a china or india, a number of other american countries, ar they are willing to still buying a russial oil. But even those markets have a limit to how much estra rascel oil they can take. And i will expect that if rational oil exports drop by tmilior borows aday, at the end of the day, russia will have to shut down a significant amount of his old provotial because he's nown a fineno bius otheits extraordinary.
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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