Oil Aspect News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Are choosing not to buy oil and gas from russia. the prices of other commodities are also going up because of fears that the war will interrupt their supply. the price of wheat has gone up 40% this month, because ukraine and russia are major suppliers of that grain. that's likely to raise the price of foods like bread and pasta. aluminium has risen 30% along with other metals which are produced in the region. the price of many raw materials are at their highest in over a decade. let's focus on the oil aspect of the story to begin with. we're joined by michelle wiese bockmann — commodities an...

And economic and security assistance. for good reason. >> how do you look at what happened in '08 with bush and georgia and get to the black sea under putin and now what we are seeing in the crimea region this border war? georgia's borders weren't adjusted but to get the black sea because of oil. i think a lot of us are not talking about the oil aspect of this land grab that putin is basically getting away with. >> well, the oil aspect is important and enhancing ukraine's energy security should be part of our strategy. but it's not just oil that putin is after. he is after re-creating some sor...