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The biggest reshuffle of global oil flows is put in motion as a result of the Ukraine war, which has effectively upended an era of free energy trade

Russia’s seaborne crude oil flows are trying to find new destination countries, while the US has already set an embargo on Russian oil. The E.U. is in the process of discussions for final approval by all member countries in the next six months with wavering uncertainty for potential alternative sources to replace the Russian crude ...

>> nationally we haven't done it since july of 2008. we got close early on last decade but we have not hit that $4 a gallon nationally outside of a two-week period in july of 2008. been a long time. even back then california wasn't close to $5 a gallon. this time around california is just 30 cents away from that $5 mark. >> bill: two questions here, patrick. jake sullivan said on "fox news sunday" over the weekend the united states is still a substantial producer of energy. that may be true, but i guess we could also produce more energy, too, as well. which would help with the rising cost ther...

Lewis. congress will act. and lindsey graham said what? >> i will sanction the hell out of them. his words. >> will they really? >> they may try. and i'm certain that they will get some through. but the fact of the matter is the president's got e nnormous latitude here. and the president, as you have seen, has been willing to define national security in the broadest of possible ways. the president already said that he wanted to protect the arms deal because of jobs in the united states. he is certainly going to want to protect oil flows, particularly at a time that we're in conflict or growing...

What happens if congress says no and puts the deal off. what happens to that money? >> i don't know. >> people are told there is only one option. >> it is the p-plus-5 counties. iran does business with the rest of the world. the oil flows. this is a done deal whether or not we lift our sanctions. >> aren't we seeing reverb from the potential of this oil coming out? i was reading they are putting brakes on the oil releases for fear of flooding the market. it will hurt us eventually. >> we are not developing anything back here at home. not nuclear energy or other alternative forces. letting the ...