During our April 28, 2022 webinar we took a look at the effects of geopolitics on energy security and energy markets.

Security, FX and Geopolitics in Energy

Speakers: Chris Weafer, CEO of Macro-Advisory and
former Chief Strategist of Sberbank (Russia’s No.1 bank)
and
Bob Takai, former commodity trader at Sumitomo Corp.

Russia’s incursion in Ukraine has riled global energy markets, putting attention firmly back on oil, gas and geopolitics. Sanctions were already causing disruptions to the flow of commodities when Moscow suddenly demanded ruble payment for its natural gas, challenging the US dollar-based order.

That standoff was resolved, for now. But President Putin’s gambit on ruble-based energy pricing is just the beginning. Russia is in talks with allies to create a new “basket of commodities” to back the ruble, setting in motion plans for an alternative. trade and value system to the West.

The move has implications for energy security, the value of currencies, and the broader world economy. Can Putin leverage Russia’s raw materials to upend an already fragile post-Covid global order?

In this webinar we reviewed :

– What Russia’s gas-for-rubles order means in practice

– What Russia’s gas-for-rubles order means in practice

– Impact on top global currencies from turmoil in energy markets

– How geopolitics are reshaping our energy / commodity flows

– Macro implications for Japan and the West

PRESENTATION

VIDEO