Monday Oct 16, 2023
Simply Trade [News]: The Middle East Crisis - Understanding the Impact on Global Trade
This episode of Simply Trade brings our hosts into a deep discussion about the current economic situation related to the conflicts in the Middle East, particularly regarding the potential implications for global trade, oil prices, and U.S. inflation.
Main Points:
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Concerns about the potential impacts of conflict escalation in the Middle East on global oil prices and shipping through critical chokepoints like the Suez Canal and the Strait of Hormuz.
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The hosts delve into the complexities of international relations, touching upon the roles of Russia, China, the U.S., and other major actors in the on-going conflict.
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The episode highlights the interconnectedness of world politics with global trade and commerce. The hosts discuss how the current turmoil could affect international business and trade, particularly through disruptions of oil flows and possible sanctioning.
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The potential economic consequences of the conflict, like inflation, and increased oil prices, are also considered in great detail in this insightful discussion.
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The hosts also briefly touch upon renewable energy sources and their current limitations compared to traditional sources like petroleum.
Enjoy the show.
Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/
Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/
Contact SimplyTrade@GlobalTrainingCenter.com or message @SimplyTradePod for:
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Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.
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