Vakhshouri: Saudi Will Always Play an Important Role in Oil

The video discusses the Biden administration's new sanctions on Russian entities and their potential impact on the market. It highlights changing market narratives, OPEC's role, and the uncertainty surrounding the implementation of these sanctions. The video also explores potential energy policy changes under the Trump administration and Saudi Arabia's continued influence in global oil markets despite the US's increasing energy independence.

What potential impacts could the sanctions have on the global oil market?

What does the decrease in US imports of Saudi crude signify for Saudi Arabia's influence?

How is Saudi Arabia adapting to the changing dynamics of the global oil market?