U.S. Doesn't Have Unlimited Places to Store Oil, Bremmer Warns

The video discusses the dramatic drop in oil prices due to the COVID-19 pandemic, which has halted global supply and demand. This has led to geopolitical tensions, particularly among major oil producers like Russia and Saudi Arabia. The economic impact is severe for countries with less financial stability, such as Venezuela and Iran. The video also explores the broader implications for global economic and political stability, highlighting challenges for developing countries and the potential for increased US-China tensions.

What challenges do developing countries face in managing the economic impact of the pandemic?

How might the political landscape in the US be influenced by the economic fallout from the pandemic?

In what ways might the relationship between the US and China change as a result of the economic impacts of the pandemic?