“Putin is making a lot of money from the price of oil”: tension in the Strait of Hormuz increases (and the Kremlin can benefit from it)

“Putin is making a lot of money from the price of oil”: tension in the Strait of Hormuz increases (and the Kremlin can benefit from it)

In this week’s episode, commentators analyze the links between two conflicts that are defining current international affairs: the war in Ukraine and the growing tension in the Persian Gulf. With international attention shifting, the rise in oil prices and impasses in negotiations, Milhazes believes that, “at this moment, Putin is happy and content”

Another week has passed since the conflict triggered by the US bombing of Iran and the economic effects are beginning to be felt. “The price of oil is, as we know, very high. And Vladimir Putin is making a lot, a lot of money”, admits José Milhazes.

In this week’s episode, commentators analyze the links between two conflicts that are defining current international affairs: the war in Ukraine and the growing tension in the Persian Gulf. With international attention shifting, the rise in oil prices and impasses in negotiations, Milhazes believes that, “at this moment, Putin is happy and content”.

But how can rising oil prices translate into political advantages for the Kremlin? And what might happen to Ukraine if the conflict continues much longer?

Commentators also addressed the protests in Hungary and Armenia, the situation of Russian deserters deported from Germany and the evolution of the oligarchs’ fortunes in the midst of war and under sanctions — in an “old tsarist Russia” where, according to Milhazes, “3% live well, the rest doesn’t matter”.

Moderated by Clara Ferreira Alves, the program was broadcast on SIC on March 15th. Listen to the podcast version here. The synopsis of this episode was generated with the support of artificial intelligence. .

José Milhazes and Nuno Rogeiro analyze international current affairs. On Sundays on SIC’s Jornal da Noite and on podcast. Listen to more episodes here:

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