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Leaders with Francine Lacqua

Russia’s Mercenary Mutiny Could Be Bad News for Oil Markets

Leaders with Francine Lacqua

Bloomberg

Management, Business, Careers, Entrepreneurship

4.664 Ratings

🗓️ 29 June 2023

⏱️ 25 minutes

🧾️ Download transcript

Summary

The biggest threat to Vladimir Putin’s grip on Russia in his almost quarter-century of rule has huge implications for the oil market. But dissecting the precise impact of last weekend’s mercenary mutiny is difficult, according to Bloomberg Opinion columnist Javier Blas. On this week’s In the City, Blas explains the bearish case and the bullish case. He also on his conversations with the central banking community in Sintra, Portugal at the ECB Forum. 

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Transcript

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1:07.2

I'm Franzine Lakwa. And I'm David Merritt. This week on In the City, we speak with the wonderful Bloomberg opinion columnist Javier Blast.

1:15.6

He joins us from central Portugal, where he's been talking to central bank governors.

1:18.6

And when I say talking, he's been briefing them about what energy and energy prices do next.

1:23.6

That's right.

1:24.6

We're going to discuss the conversations that are happening on the ground

1:28.4

between policymakers as they gather amid this worsening economic backdrop and, of course, most

1:35.6

importantly, this increasingly complicated and baffling war between Russia and Ukraine.

1:42.3

Javier, thank you so much for joining us.

1:44.2

It's not often that the policymakers here in Cintra get a briefing by Javier Blast.

...

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