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 is one potential action Russia might take in response to a ban on its oil imports?

• Increase oil production

• Lower oil prices

• Increase imports from other countries

• Stop exporting natural gas to certain countries

How effective would the reintroduction of Iranian crude barrels be in the short term?

• It would completely offset the loss of Russian oil

• It would make a significant difference immediately

• It would have no impact at all

• It would help close the gap slightly

What is a proposed method in Europe to help balance the oil market?

• Increase oil imports

• Reduce demand

• Increase oil production

• Ban all oil exports

What is already priced into the current oil market according to the discussion?

• Complete replacement of Russian oil

• Some disruption and tension

• No disruption at all

• A decrease in oil prices

Which countries are mentioned as potential alternative sources for oil?

• Brazil and Argentina

• China and India

• Venezuela, Iran, and Saudi Arabia

• Canada and Mexico

What is OPEC's main focus according to the discussion?

• Increasing oil prices

• Balancing market fundamentals

• Reducing oil production

• Expanding oil exports

What might trigger an emergency meeting by OPEC?

• A decrease in oil prices

• An actual interruption of Russian oil exports

• A new oil discovery

• A change in US oil policy