The sudden collapse in oil prices from a brewing price war and the COVID-19 pandemic's impact may lead to some credit issues for sovereign bonds, particularly oil producers that fund national budgets with crude revenues. James McCormack is Fitch Ratings' Global Head of Sovereigns, and speaks to us about what these risk implications are, and what risks could feed into global markets from this.

<p>The sudden collapse in oil prices from a brewing price war and the COVID-19 pandemic's impact may lead to some credit issues for sovereign bonds, particularly oil producers that fund national budgets with crude revenues. James McCormack is Fitch Ratings' Global Head of Sovereigns, and speaks to us about what these risk implications are, and what risks could feed into global markets from this.</p>

Advertisement