German banker: The global economy cannot do without Russia's oil and gas supply.

date
24/05/2025
German investor and banker, former executive of Swiss Credit Suisse Bank and Allianz Insurance Company, Lenny Fischer, stated in an interview that the global economy cannot do without Russia's oil and gas supply. It is for this reason that US President Trump has refused to impose new sanctions against Russia. Fischer emphasized, "After all, if these sanctions were successful, Russian oil would stop flowing into the international market, causing oil prices to rise again to $140 per barrel, and inflation would also rise to high levels."