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The John Batchelor Show

The John Batchelor Show

8. RUSSIA - Energy Shortages Sanctions Networks - MICHAEL BERNSTAM 100726

Oct 8, 2026 · 20m

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1875 CASPIAN SEA Energy Shortages Sanctions Networks Michael Bernstam explains surging tanker leasing costs, elevated insurance rates, and severe Qatari refining damages keep global crude oil and diesel prices extraordinarily high despite rerouted pipeline flows. Critical global diesel shortages impact agriculture and transportation, with high prices projected through upcoming years. Concurrently, Russia and Iranutilize sophisticated criminal shadow banking networks and digital currencies centered in Kyrgyzstan and Hong Kong to evade Treasury sanctions, maintaining critical state revenues amidst highly protracted global geopolitical conflict and attrition. (8)