Vakhshouri: Higher Oil Prices Due to Russia-Ukraine War

The video discusses the challenges faced by the global oil market due to potential disruptions in Russian oil exports. It highlights the limited capacity of OPEC and other countries like Iran and Venezuela to compensate for the shortfall. The discussion also covers the potential impact on oil prices and the market's response to these disruptions. OPEC's strategic decisions and the possibility of coordinated actions with other countries are also explored.

What factors might lead OPEC to increase oil production?

What are the implications of OPEC's current production capacity on the global oil supply?

How does the current price of oil reflect market sentiments regarding potential supply interruptions?