OPEC Secretary-General Abdalla El-Badri: OPEC Is Working

The video discusses the role of OPEC in the oil market, highlighting its continued relevance as long as oil exists. It predicts market stabilization by the third quarter of the year, with Iraq's overhang being a significant challenge. Iran's stance on sanctions is firm, aiming to secure its market share and resist any new sanctions. The possibility of a production freeze is considered, but only after reaching pre-sanction production levels.

What is the speaker's view on securing market share?

What conditions does the speaker mention regarding production levels and sanctions?