It is costing 20 billion a day for the Russians.
The question is how long can they maintain the offensive and how is ladder created from which Putin can climb down.
Until then, commodity prices will continue to climb.
For IBG, the question is how much political emphasis will be made into the Political EXIM pivot to counter Russia and Chinese influence in the Arctic.
The new political world is being formed and raw materials will be a corner stone of this new cold War.
It is costing 20 billion a day for the Russians.The question is...
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