This month, Tim Phillips is joined by regular guests Aastha Gupta and Scott Livingstone to delve into the intricacies of the global tech trade. They unravel the complexities of supply chains, the strategic importance of rare earth elements, and the geopolitical tensions shaping today’s trade landscape.

Semiconductors may be the new oil, but what about the old oil? They also talk about OPEC, peak oil demand and revenue, and the status of petrodollars presently and in the years to come. 

Lastly, the mix of good and bad: what to make of Middle East politics and the potential for further trade tussles?

Please check out and subscribe to our channels on: 
Apple: https://podcasts.apple.com/id/podcast/natwest-trade-links/id1819914204
Spotify: https://open.spotify.com/show/22tvckJbiWWRbqcCnyFsIC

This episode was recorded on 1 July 2025.