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220 - Russian sanctions explained with Sony Kapoor

The David McWilliams Podcast

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Is the Price of Oil Going Up?

In the last couple of days, the price of oil has gone to a hundred and forty dollars a barrel. Thetoi o, nickell has gone up by a thousand %. Why nickel? Because themer de russians make all the nickel in the world. A price of wheat going through the roofsure, all these things are a direct consequence of the next phase of sanctions,. which will be sanctions on russia's hard commodities. And we're going to talk in a comple mints to sunny capor about the design of the sanctions, whye they've been designed this way, and how the rest of the world is reacting.

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