Volatility Reigns as Sanctions Regime Takes Shape
Real Vision: Finance & Investing
00:00
Iranian Oil - What's the Point of Selling the Gas?
If the war goes on for another four or five weeks, forget about food price spikes. Europe is dependent on russia for forty per cent of its natural gas supply. There's an escape valve there to your point. I can guarantee you puden doesn't want foil at one 50. And i've read reports that american farmers are switching out of wheat and soilings into fertilizer. It's a real global fertilizer shortage? Natural gas stock for feeder animals could be in short supply. You're definitely seeing e squeezy markets in the grainds. Because now you're not talking just about a market panic; you're talking about fundamental supplies.
Play episode from 07:16
Transcript
