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Home > The John Batchelor Show > S8 Ep319: Plunging Russian Oil Prices and the Impact of Global Sanctions. Guest: MICHAEL BERNSTAM. Russian oil prices are dropping significantly, with some major brands selling between $34 and $35 per barrel. Western sanctions and global supply gluts allo
Podcast: The John Batchelor Show
Episode:

S8 Ep319: Plunging Russian Oil Prices and the Impact of Global Sanctions. Guest: MICHAEL BERNSTAM. Russian oil prices are dropping significantly, with some major brands selling between $34 and $35 per barrel. Western sanctions and global supply gluts allo
Category: News & Politics
Duration: 00:08:57
Publish Date: 2026-01-15 01:47:46
Description:
Plunging Russian Oil Prices and the Impact of Global Sanctions. Guest: MICHAEL BERNSTAM. Russian oil prices are dropping significantly, with some major brands selling between $34 and $35 per barrel. Western sanctions and global supply gluts allow buyers like China and India to extract massive discounts. Future stability in Iran could further increase competition, driving Russian revenues and taxes even lower.
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