5min chapter

Forward Guidance cover image

Consequences of Russia's Invasion of Ukraine with Jacob Shapiro

Forward Guidance

CHAPTER

The Role of Russia in the Energy Markets

Boris Johnson and President Joe Biden just levied sanctions against Russia. Will those cause the already strained energy markets particularly in Europe to have even more severe distress well yeah Jack that's why it was so important that we waited for Biden to speak before we got on here. a key theme there is commodity prices the fact that Russia is a huge exporter of wheat of oil of natural gas someone was even talking about that rare rare earths can you talk about the role that Russia has? The interesting question is just how much is Russia willing to screw with the West here are they just gonna take the sanctions but take Ukraine and that's the most important thing or are they gonna start jerking Europe's chain

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