Listen: How the Russia-Ukraine crisis will reshape commodity markets
Date
3/16/2022 2:23:52 PM
(MENAFN- ING)
While the US has banned Russian oil imports and the UK plans to phase them out by year-end, the EU faces a much bigger challenge in weaning itself off Russian energy, relying on the country for more than 25% of its oil and up to 40% of its gas. In this podcast ING's head of commodities strategy Warren Patterson tells senior editor Rebecca Byrne whether the EU's plan to cut Russian supplies by two-thirds this year is realistic, and what he's expecting from the rest of the commodities complex over the coming months.
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Author:
Warren Patterson, Rebecca Byrne
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