Trump’s oil sanctions hit home

Friday 24th October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABDonald Trump’s sanctions on two big Russian oil producers might be enough to stop India buying from them and could have a profound impact on Putin’s foreign earnings. That’s pushed oil prices higher, whilst equities have been boosted by news that Trump and Xi will meet next week to hammer out a deal.NAB’s Skye Masters talks through the market response to the day’s news, plus a preview of the long-awaited CPI numbers, held back because of the government shutdown. There are concerns that it might not be as reliable as previous data. It’s certainly less timely. Hosted on Acast. See acast.com/privacy for more information.