Global Trade Under Sanctions

This chapter analyzes the impact of U.S. sanctions on countries trading with Russia, particularly China and India, revealing the complex geopolitical and economic repercussions. It discusses the significant relationship between Europe and Russia, the implications for global oil prices, and the downtrodden local economies due to corporate malpractice. Furthermore, it highlights the intricacies of sanctions affecting energy supplies, agricultural markets, and maritime insurance, emphasizing the disconnect between political decisions and operational realities.