El- Erian: Oil Price Presents Question Mark for Putin

The video discusses the implications of lower oil prices on Russia, particularly how it might influence President Putin's actions in Ukraine and his relationship with the West. It explores the potential for increased regional involvement or a strategic rebasing with Western countries. The video also examines OPEC's decision not to cut oil production, highlighting their strategic history and the impact on global energy investments.

What uncertainties exist regarding President Putin's future actions based on his recent behavior?

In what ways could the global economy be affected by Russia's economic situation?