Oil Soars Past $100, Stocks Tumble on Russian Assault

The video discusses the impact of rising oil prices, driven by Russian inflow and OPEC's response, on global markets. It highlights inflation concerns, especially in emerging markets like Turkey and India, and examines how central banks might adjust their monetary policies. The video also touches on the current downturn in Russian markets and the ruble.

What are the potential responses of central banks to the inflationary pressures from rising oil prices?

What is the current state of the Russian markets and the ruble as mentioned in the text?