OPEC Should Be Very Careful About Raising Prices, Says IEA's Birol

The transcript discusses the recent fluctuations in oil prices and the implications of OPEC Plus's decision to cut production. It highlights the potential consequences of higher energy prices on the global economy, particularly in emerging countries, and the acceleration of the clean energy transition. The discussion emphasizes the contradiction between short-term and medium-term interests of oil-producing countries and the fragility of the global economy in the face of rising oil prices and inflation.

What does the author suggest about the short-term and medium-term interests of OPEC Plus?

According to the text, what is the current state of the global economy in relation to oil prices?