president of energy policy research foundation, and senior director of energy campaigns for the sierra club. also, your clothes, food, tv, much of the energy that you use, all brought to you by a ship. so i will be taking the pulse of the industry with the big boss at the helm of the world's biggest shipping company. wherever you are watching, hello, and welcome to the show. 2022 was a tough year for the global economy. just as we began to see the green shoots of recovery from the covid pandemic, russian tanks rolled into ukraine, throwing europe into armed conflict for the first time in over two decades. it's a strategic hotspot, a country with close links to the east and the west, and essentially a buffer zone between russia and its nato adversaries to the west. and because of western sanctions on russian oil global oil prices soared to $127 a barrel, over concerns of a shortfall in supply from russia. that spurred stinging inflation worldwide. but all of that turned out to be very good news for the big oil producers. last year, each of the big five saw their profits at least double,

president of energy policy research foundation, and senior director of energy campaigns for the sierra club. also, your clothes, food, tv, much of the energy that you use, all brought to you by a ship. so i will be taking the pulse of the industry with the big boss at the head of the world's biggest shipping company. wherever you are watching, hello, and welcome to the show. 2022 was a tough year for the global economy, just as we began to see the green shoots of recovery from the covid pandemic, russian tanks rolled into ukraine, throwing europe into armed conflict for the first time in over two decades. it's a strategic hotspot, a country with close links to the east and the west, and essentially a buffer zone between russia and its nato adversaries to the west. and because of western sanctions on russian oil global oil prices soared to $127 a barrel, over concerns of a shortfall in supply from russia. that spurred stinging inflation worldwide. but all of that turned out to be very good news for the big oil producers. last year, each of the big five saw their profits at least double,