PERSON TO HAVE THIS DISCUSSION, THE DEMOCRATIC CONGRESSMAN Eugène VINDMAN OF VIRGINIA. HE'S A MEMBER OF THE ARMED SERVICES COMMITTEE. HE'S A RETIRED ARMY Colonel, Congressman, great to see you.Thank you for being with us. Great to see you, John. I don't know where to even start with this.There's so much there. So let's start at the end. Russia, by lifting these sanctions, in theory, lifting the sanctions puts more oil on the world stage and brings oil prices down.A, that hasn't worked. B, Russia is getting ...

OF THE WORLD'S SUPPLY OF WHICH COMES FROM THE MIDDLE EAST. THAT IS UP NEARLY 30% OVER THE PAST MONTH, WITH WHICH WOULD MEAN HIGHER INPUT COSTS FOR FARMERS. MY NEXT GUEST SAYS THE UNCERTAINTY, COMBINED WITH INFLATIONARY EFFECTS OF HIGH OIL PRICES, HAS BEEN PLAYING A LITTLE HIDE AND SEEK WHEN IT COMES TO CONSUMER STAPLES.LET'S BRING IN NIK MODI. HE'S RBC CO-HEAD OF GLOBAL CONSUMER AND RETAIL. NIK, IT'S GOOD TO SEE YOU.I MEAN, YOU KNOW, THE QUESTION FOR THE PUBLIC IS ARE FOOD PRICES GOING UP. AND FROM THAT VER ...