3min chapter

The New Bazaar cover image

The economy in one (more) episode

The New Bazaar

CHAPTER

The Effects of the Invasion on Oil Prices

Russia is also very big producer of oil, and which it does sell on global markets. Since the invasion started, russian oil s now trading in a big discount. People don't want to touch it because they're afraid of getting contaminated. This is both like a financial, legal thing and also a moral thing. And so the result is that a lot of this theoretical oil supply is just not available.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode