> "Unless the West puts diplomatic pressure on Asian buyers, we do not see the supply gap widening and oil prices spiking," said Norbert Rücker of Julius Baer.

> "Unless the West puts diplomatic pressure on Asian buyers, we do not see the supply gap widening and oil prices spiking," said Norbert Rücker of Julius Baer. Apart from a big East-West conflict, I don't know how that helps anyone. Having a stable world is definitely important for Eastern countries. But reducing poverty and improving standard of living is at a higher priority than that.