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Troops were not going there immediately. so is he saying that there's no invasion on or are troops there from russia? >> yeah, neil. thanks for having me. look, don't listen to what biden says. look at his actions. if you look at what he says, you'll have misdirection. there's a use of force in separated areas that you see in eastern ukraine. that is an invasion. of course it is. just like he did in crimea. he's emboldened to keep going further. there's not much we can do about it. we said earlier that ukraine is not part of nato. article 5 doesn't a supply. i wish, neil, we could have rewound...

Europe hit record highs. that will get over to this side of the pond. that means you and i will be paying the price for this conflict. >> neil: you know the oil markets so well. sanctioned countries ex-like when we went africa -- qaddafi, they find ways to get their oil out. >> yes. it's amazing things. people will buy it if you sell it cheap enough. that's what happening to iran. the biden administration has been all over trying to get back in to a nuclear deal with iran and lift the sanctions. while that will bring more oil to the market, iran has been doing well selling black market oil to ...