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Energy, Food, and War in Eastern Europe

Real Vision: Finance & Investing

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A Smith and Jacob Shapera Discussing Food Supply Crisis

If we're going on here for more than four to eight weeks of this conflict, i guess it really depends how the conflict goes. Krane's commercial ports are still closed. Also, russia's not been letting commercial traffic in and out of the black sea. The arab spring was born an that kind of high food price thing. And i haven't even talked about energy prices yet. Becauseif, let's say, you don't get the aran nuclear deal, the civil war in libya kicks off, and that nobody wants to buy russian oil. We haven't been in a situation like that, at least in 73.

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