The world energy market has been reshaped in huge and possibly permanent ways after the beginning

of the war in Ukraine and the sanctions against Russia.

We need a new system.

We need a new society.

We need to demand that which may have sounded impossible even a few weeks ago, but is not only realizable, the Socialist Program. I'm your host, Brian Becker.

We are excited to have Professor Richard Wolfe join us for a

regular weekly segment in the socialist program here on Breakthrough News, where we talk about the

biggest stories related to the economy, the state of the working class, and the crimes of big

business. Richard Wolfe is the co-founder of the organization, Democracy at Work.

He's the author of many books.

The latest being The Sickness is the System when capitalism fails to save us from pandemics or itself.

You can check out all of his work at R-D-Wolf.com.

That's R-D-W-O-L-F-F.com that's r d wOLFf dot com professor wolf welcome back thank you brian glad to be here

professor wolf there have been series of articles in the general interest media as well as the

financial papers including financial times the wall street Journal, about how Russia has managed or attempted

to manage the impact of sanctions and especially sanctions against its oil market and other

petroleum products since the beginning of the Russian invasion of Ukraine back in February 2022.

I'm looking at the Wall Street Journal article from just in the past few days.

I want to read a couple words to you and to help our audience get a better sense of how this is

such a profound shift, or I'm going to get your opinion to see if it is indeed a profound

shift, in the way the oil market your opinion to see if it is indeed a profound shift. And the way the

oil market, of course, oil and petroleum products are the central artery to modern industrial

...