François Picard is pleased to welcome Jon Marks, Author, Political Scientist and Chairman / Founder of Cross-border Information. As someone who has followed energy markets for decades, Mr. Marks warns we are in uncharted waters: the current crisis does not neatly resemble any of the previous shocks. Analysts instinctively search for historical parallels: the oil shocks of the 1970s, the tanker wars of the 1980s, or the market upheaval following Russia’s invasion of Ukraine in 2022. Yet the present situation combines elements of all three while remaining fundamentally distinct.
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