The sanctions will hurt us a hell of a loto, almost as much as it'll hurt them. It's going to be very serious for the global economy, and we're all going to feel it. We wilnav require more oil from the mideles, in particular southey arabia and the united aave amy rates whith al spent tal capacity is a questial lane with the gevene a tatta te sper capacity.
Russia’s invasion of Ukraine has laid bare the West’s reliance on Russian oil and gas. Around 40 per cent of Europe’s gas comes from Russia, while some 7 per cent of US oil is Russian. Journalists Javier Blas and Jack Farchy’s new book, The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources, tells the story of how trading commodities such as these has shaped the global financial landscape and why we find ourselves in a pivotal moment in which geopolitical and economic relationships are being tested. Investigative journalist and Manveen Rana speaks with Javier and Jack about the book and its wider themes.
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