Iraq's Oil Minister Says Price of $70 Per Barrel Is Fair

The speaker expresses support but not certainty about market conclusions. They discuss the importance of compliance and the potential negative outcomes if not achieved. The conversation shifts to oil prices, emphasizing the need for fair pricing that doesn't burden consumers. Finally, the speaker highlights the importance of regional peace and stability amidst economic sanctions and threats.

What does the speaker believe is necessary for the region?

What are the implications of sanctions and threats mentioned by the speaker?