he behaved exactly like sit down and the poison spread. bear with me 3, your life. the great documentary series, iraq destruction of the nation starts march, 4th on d. w. ah . 11115100. $19.00. the price of a barrel of oil keeps surging over the war in ukraine. why has international intervention not been able to help so far and where our price is likely to be headed? we'll have live and also coming up prices for we'd have also been on the rise as both russia and ukraine are important. grain producers talk to one foreman, ukraine. what this war is doing to his business and the world market,

and after sanctions are levied against many russian oligarchy. they are yachts attract the attention of law enforcement. i'm chris colberg. welcome to the program . since russia invaded ukraine, oil prices have been surging, leading industrial nations now want to tap their oil reserves to mitigate the situation for consumers and companies. the international energy agency wants to release the 60000000 barrels of crude oil reserves. that's about 4 percent of all emergency reserves of one and a half 1000000000 barrels. meanwhile, western oil companies continue to scale down their operations in russia, italy's, any now joining shell and b p for more or less bringing dw ashtosh, pan de who has his eyes on the could market. ashatash. oil and gas trade has been left out of sanctions by the west so far. why our price is still rising. like this, a lot of to is to do with what he does not find a sanctioning

a fire or schepers with somebody doing it because they don't want a, any sort of additional damage. so much green light on grounds and precisely doing it on the fact that they don't want to be seen on the wrong side of sanctions. so that is a major factor that is driving the price is higher because even when and why is that a massive discount to the brand benchmark? still, then you take it for the russian or, and then the cheaper is what they do. ship the russian on asking for you. now, the united states and dozens of other countries have decided to release 60000000 barrels of oil from to drill strategic reserves. why hasn't this help much? because it's just not enough. right? i mean, yes, seen a disruption or one or more better than what we would actually bring to the market

. so if you do the math, it's like $60000000.00 barrels or 30 days will be $2000000.00 barrels. it's a finite stop by looking at an open ended price that would last longer. so clearly it's not giving enough quantities to do and if we're taking a look at opec and other major producers, they're mainly in for higher revenue, or thanks to high prices or what's the game here in the sunshine. but to play the saudi arabia and united in the rest of these are the countries that still have that capacity, but not yet. i'm thinking more or in the 1000 bad, or do we know that many or do i produce the struggling to even restart to 1000 barrels of oil for did supply. but these 2 players have me just that capacity, but see what we got a lot to. it's called as an order of us dollars money that it needs to be from.

and of course, there has been talk about how these high prices for energy could actually fuel the transition away from the sources of energy, but could an oil price at around $119.00 per barrel as we're seeing it right now. actually heard this transition more than it helps. yeah. up front in the me get it. i would tell you why because see higher prices. i mean got it to move to electric vehicles. that did make it more. right. that's why there's a lot of good amount of money that companies are making to invest in energy expectations. and also because the governments have actually to book when you try her in the shop them is good to oil companies, drilling more. and that's going to be really bad for the transition. we might do

a produce as a concurrent so it's going to be problematic. and that's what the, what about the governors ashtosh pan day? thank you. and staying with commodities, russia and ukraine are among the world's biggest explorers of grain. the conflict now could lead to a loss and production and cancel deliveries with potentially grave consequences. for some of the poorest regions, the world in war torn am in the wheat reserves will last for another couple of months according to the government. but many like here in the capital city of santa worry about the rising prices for flower the russian more against ukraine will affect the whole world, not just us. it will hit imports, exports, and trade. yemen will undoubtedly be effected. we are an importer, wheat,

and most of our food comes from abroad. lebanon says that as we reserved for just one more month, the country's largest silos were destroyed and explosion, bay route, in 2020. the country depends on wheat imports, with 60 percent coming from ukraine. the government is looking for options. now we've reached out to a number of countries including the u. s. india, canada, and europe that produce the soft wheat that's needed for the arab bread styles. we produce in lebanon. it's a very specific time by, by net canada. turkey depends on, we'd imports from russia, the countries in the midst of an economic crisis with sky high inflation. there have been massive protests over rising food prices. many turks fear that the war will make matters worse and basic food items, even more expensive. earlier i spoke to a deeply trist. he's a consultant on farming and agriculture where their focus on ukraine,

where he also run the farm east of give. he just returned to germany and i asked him what his experience has been the last days re motion. i believe we had a lot of people. all was everybody discussed about it before, but i couldn't believe that we hadn't and only both the wrong key to my car from keith. so unfortunately i brought my car ready to be before to germany. so i was alone and what makes it much easier to quit cable or whatever it took me there. yeah, of a day to get rain and the growth rate and live

to germany. do you know what has been happening to your farms and to your employees? yet, so we are in our context, we're kind of working on our in so we are discussing, you know, how to say to the people we paid already to time salary money. we organized, we brought we to kia and brought to be to, to a local beer, to what you are now, a little bit people because read in all religious. what will this conflict mean for ukraine's agricultural sector, which is important to the country's economy?

it depends. i mean, it will be a good of course. griffin is how much it's gonna fit for for some reason, it's still very soon, so we can manage to have a minor spring season if not really 16 united wouldn't be seated. leg of these are few men. so everything you need for receiving are you going to return to ukraine once the fighting stops? yes, i think i haven't met and if we do be there, i will be available. i count base in the

us, you're more than 20 years ukraine. so it my, my children were born ukraine, so this is my, to my home a lot, the job in it. so, one moment to go to farmer and agricultural consulting didn't taste, talking to us earlier. masha sanctions were levied against many russian oligarchy. there yachts have attracted the attention of law enforcement. some of them happened to be anchored in german shipyards, words, anything but easy to see them. luxurious yachts are a common sight in hamburg, but these tarps cover a special one. the dill bar worth 800000000 euros, is an especially impressive ship as seen in this marketing clip. it belongs to russian oligarch, alisha was man of who has been sanctioned by the you. he's seen as the confidant of

russian president vladimir putin was, man of says he's been unfairly vilified, and we'll fight the accusations. the german government had carefully planned the seizure. do it sticks to it. we have only received the exact wording of these sanctions less than 48 hours ago. we are now focused on finding ways to execute the sanctions for to to live chief once was edson. the goal of the use sanctions is to limit the oligarchs economic power since a yard is hardly part of a business and doesn't help it earn money. it was initially unclear whether or not it could be seized. the canyon outside a yard could easily be sold any time. and in the case of the yacht in hamburg, that could bring him up to 800000000 euros. that's why i think it has to fall under the current sanctions, given that it is very much an asset that could potentially enrich some one wouldn't getting under the zone so and so fast authorities agreed. another yard left hamburg

in february, after having docked therefore maintenance work. the graceful belief to be vladimir putin. c art as it regularly anchors at his occasion. spots just days before russia started its war against ukraine. the yacht left for colin and cried yards are not the only acids russian oligarchs hold in germany. near lake teegan c in the south locust gathered to protest against was man of his rumor to own this villa and likely to more close to the lake. no one knows for certain, though not even the members of the city council. showers are needed. i have never seen the nameless man of any official documents. usually deals are made by companies, though with straw men. because men such business practices are common among oligarchs. they used specifically to avoid sanctions this whole problem door to door. the main problem will be to prove that an oligarchy is the legal owner of a property. and looking at an oligarchy with potential assets. i have to have proof

that those assets are really theirs was bringing dusty or moves throughout the country and, and switch aggressions. and luna is another yacht anchoring in hamburg these days. it's also presumed to belong to an oligarchy, but that once not been sanctioned. and that wraps up our program. thanks for watching. ah. instead of pulling those 1st girls who could have and now i'm sure none of us as the i know, as soon as i am of surgery pulling window the money in. supposing what saving, what's in bought by the other d w books on you to sometimes proceed is all you need to allow the big ideas to grow. we're bringing environmental conservation to life with learning paths like global ideas. we

will show you how climate change and environmental conservation is taking shape around the world and how we can all make a difference. knowledge grows through sharing. download it now for free. oh, i'm now joined by pizza via he is the transatlantic coordinator for the german government . thank you very much. bit of i a for being with us. now i do have to explain to our viewers that he is in a position, which is something that germany hasn't seen that often. if ever that a member of the conservative party that is not part of the current government is actually coordinating. the transatlantic ta is for the parties that are currently in the government, which are of course, the social democrats, the greens and the f t p. so peter, by, i am correct in saying that you are still the trans atlantic coordinator. how come

that is correct? m, how come i don't know. i'm still been in this position, sir, since april. 2018. and i think the, the reason ah, the true reason is only that the coalition, which is now government germany has not yet agreed on a successor to me. so i'm, i still have that position. what kind of signals are you getting from germany's transatlantic partners since sunday? because we mustn't forget that essentially it will have shots in his declaration to parliament in this special session on sunday. since he turned round decades of a german principles, when it comes to foreign and security policy, he announced a massive in boost for defense spending. he also said that germany was from now on going to adhered to the 2 percent nato goal. how did that.