August 28, 2023
Is the oil market ready to say goodbye to King Dollar?
The G7-led coalition’s price cap imposed on Russian crude is set to be tested as oil prices rise. At the same time, the greenback’s supremacy in global oil trade is being challenged.
Rachel Ziemba, an adjunct senior fellow at the Center for a New American Security and global consulting firm Horizon Engage’s senior advisor on sanctions, delves into the sanctions and currency impacts on the oil markets on the podcast. She gives her take on the fate of the Russian oil price cap, the effects of price competition among sanctioned entities and whether we’re going to see the end of King Dollar anytime soon.
Listen to the full episode from S&P Global.
More from CNAS
-
Bloomberg Businessweek: Age of Economic Warfare
Podcast
Columbia University Senior Research Scholar and adjunct senior fellow at the Center for a New American Security, Edward Fishman on US credibility and how that is affecting its...
By Edward Fishman
-
Trump Administration Realises That The Tariff Strategy Has Backfired: Lisa Curtis
Video
Trump administration realises that the tariff strategy has backfired, says Lisa Curtis, senior fellow and program director at the Center for a New American Security.Watch the ...
By Lisa Curtis
-
What Just Happened in the Trade War + Getting Yippy with Richard Fontaine
Podcast
While Geoff is on travel, CNAS CEO Richard Fontaine joins Emily to unpack the latest trade war developments, including why President Trump paused his reciprocal tariffs and wh...
By Emily Kilcrease & Richard Fontaine
-
Chokepoints - How the Global Economy Became a Weapon of War
Video
The Centre for Finance and Security (CFS) at RUSI was delighted to welcome Edward Fishman, adjunct senior fellow at the Center for a New American Security, for a discussion of...
By Edward Fishman
