When people are talking about the rise of the price of oil. They are talking about the rise in the price of fuel. That means the rise of the price of oil rises with the price of traveling. The companies that get benefit from that situation are the companies that are selling especially services that can replace physical traveling.
So things like data security companies might get lots of benefits from the rise of the price of oil which is the primary component in fuel that is used in cars and other vehicles. If people would get orders to use remote meetings as the primary meeting type.
That means the company must secure its communication. The thing is that the rise of the oil price will make the use of own car expensive if it burns fossil fuel. So electric trains and electric cars are getting benefit from the situation that the price of oil is high.
The rise of oil's price affects especially the price of the fuel. And if the price of natural gas that is commonly used in power plants remains at the lower level. That benefits also the users of electric cars. So maybe some people would start to use electric cars or public transportation. That thing decreases the carbon emission that comes from combustion engines.
The next winter will be difficult for economic advances in the entire world. And there would be a recession sooner or later.
The Ukrainian war will cause the situation that we might have to control energy use the next winter. The Ukrainian war causes a recession. And when we are thinking about sanctions against Russia, we must realize that Russians want that we believe that those sanctions do not affect the Russian military.
We must realize that sooner or later we must rip ourselves from the addiction to Russian cheap energy. The thing is that sooner or later Putin would go too far. And Russians are using cheap natural gas and oil as the weapon that is used to rip the EU and NATO into pieces. The idea is that the Russians promise cheap natural gas and oil for countries that please their leaders.
The fact is that whenever the western microchip is used in some missile that is shot in Ukraine Russians must get the new one. Things like gold and western currency play a vital role in the Russian intelligence services, SVR, and GRU operations in western Europe. Without money, the Russian intelligence cannot buy things like western mobile telephones and operational workspaces like flats for their agents. Russia needs western money to finance its intelligence and industrial spying operations. Also, the lack of western currency denies that the Russian agents cannot just buy western mobile technology.
Image: https://fbe.unimelb.edu.au/economics
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