The Duran | Ray Zucaro | Yen Is Sinking Again. Oil Reserves Near Empty | Aug. 12, 2026

Source: The Duran youtube



Timeline:
00:00 Introduction with Ray Zucaro
00:51 The yen situation and carry trade
02:20 US Treasury sells euros to prop up the yen
06:08 What this means for NATO and Europe relations
07:19 Why the yen is weakening now
09:38 Risk of another Asian financial crisis
10:05 Oil markets and the Strait of Hormuz disruption
12:19 Other oil producers stepping up supply
16:53 New Russia sanctions bill in Congress
18:31 Europe's recession risk and Germany's debt