CLEAN : Economist reacts to oil prices plunge after output talks fail

The video discusses Iran's strategy to regain its oil market share after sanctions, the impact of low oil prices on US shale gas competitiveness, and how China's economic growth affects oil demand and prices. It also highlights the relationship between oil prices, commodity prices, and export revenue, particularly for Indonesia.

Why is the supply side more influential on oil prices than the demand side?

What challenges does Indonesia face due to fluctuations in oil prices?