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2 weeks ago
Trump just lifted sanctions on Russian Diesel to push prices down before the midterm.
But will this move produce the desired effects?
In this episode of On Air, Klara Syrewicz and her team examine and explain all the forces driving fuel price volatility:
Why the lifting of sanctions may be useless when in Russia fuel shortages are spreading, and the Kremlin is spending billions to keep its domestic market running.
Why are prices still so high, even when oil supplies have begun to recover.
And how tensions between Saudi Arabia and the UAE, Iranian proxies, Houtis, Ukrainian strikes, and China’s enormous influence over global oil supplies are the driving forces behind global energy markets.
We also look at how governments in the U.S. and across Europe are trying to bring prices down and why tax cuts, price caps and strategic reserves may offer only temporary relief.
So what will it really take to bring fuel prices down?
Or are we facing another wave of energy shocks?
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