And heвЂ™s the author of numerous books on the intersection of energy and geopolitics, including the Pulitzer Prize-winning вЂњThe Prize: The Epic Quest for Oil, Money, and PowerвЂќ and, most recently, the best-selling вЂњThe New Map: Energy, Climate, and the Clash of Nations.вЂќ He is an economic historian and writer who has been called вЂњAmericaвЂ™s most influential energy punditвЂќ in The New York Times. There are few people who have studied energy markets as closely as Daniel Yergin has. You canвЂ™t understand the way the world operates today if you donвЂ™t understand the global flow of energy. Which means energy markets are constantly shaping and reshaping global dynamics. Energy is the bedrock of nationsвЂ™ economic prosperity, military strength and geopolitical power. The United States has banned Russian oil and gas imports, and in the wake of spiking gasoline prices, the Biden administration is looking for any opportunity to increase the worldвЂ™s oil supply, including the possibility of normalizing trade relations with previously blacklisted countries like Venezuela and Iran.Д«ut the intersection of energy and geopolitics extends far beyond this conflict. European countries are doubling down on their commitments to decarbonize in order to reduce their dependence on Russian energy as quickly as possible. While Western sanctions have dealt a major blow to RussiaвЂ™s financial system, European carve-outs for Russian oil and gas have kept hundreds of millions of dollars flowing to Moscow every day.ДЄs a result, energy policy has become foreign policy. Vladimir PutinвЂ™s decision to invade Ukraine - like his annexation of Crimea in 2014 - coincided with high energy prices. RussiaвЂ™s oil and gas exports have long been the foundation of its economy and geopolitical strength. Nearly every dimension of the Ukraine-Russia conflict has been shaped by energy markets. Transcripts of each episode will be made available by the next workday. Want more from The Daily? For one big idea on the news each week from our team, subscribe to our newsletter.ДЇor more information on todayвЂ™s episode, visit /thedaily. * Western investment, law and lobbying firms have previously helped enmesh oligarchs into financial and legal systems. Now, amid the war in Ukraine, governments are working to give them bite.

* For nearly a decade, sanctions have been little more than names on a list for wealthy Russians. If you would like to share their name on the episode, please RECORD A VOICE MEMO and send it to us at You can find more information and specific instructions here.

Have you lost a loved one during the pandemic? The Daily is working on a special episode memorializing those we have lost to the coronavirus. Guest: Matt Apuzzo, a reporter for The New York Times, based in Brussels. When healthy, RodГіn can be dominant, and if all goes well, the Orioles could get a haul in a deal for the lefty.Among the actions taken by the West to punish Moscow for the invasion of Ukraine is the blacklisting of the incredibly rich and politically connected Russian businessmen known as oligarchs.Д«ut how could sanctions on RussiaвЂ™s superwealthy increase the pressure on President Vladimir V. Baltimore Orioles Offseason needs: pitching, INF, left-handed hitting, C Biggest moves pre-lockout: Signed 2B Rougned Odor and RHP Jordan Lyles (pending physical) First move they should make post-lockout: Sign LHP Carlos RodГіn to one-year, $20 million deal The Orioles should sign RodГіn to a one-year, $20 million вЂњpillowвЂќ contract, pending medicals, with the idea that if he has a strong first half, they could trade him for prospects at the deadline to help their rebuild. (Needs heading into the offseason and the biggest pre-lockout moves for each club are included as reference points.) First up, the American League teams, with the National League to come on Wednesday. So hereвЂ™s a look at the types of deals that could await, with my thoughts on the first move each team should make when the lockout lifts. And when it does, after Major League Baseball and the Major League Baseball Players Association settle on a new collective bargaining agreement, all 30 teams will be scrambling to put together their rosters, with an expected flurry of free-agent signings and the possibility of significant trades happening all at once. ThereвЂ™s no telling when the lockout will end, but whether itвЂ™s (somehow) this week, next week, next month or later in the spring, it will eventually end.

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