Oil Surges as U.S. Mulls Ban on Russian Crude Imports

The video discusses the potential impact of a US ban on Russian oil imports, highlighting the US's relative independence from Russian oil compared to Europe's heavy reliance. It also covers the ongoing Iran nuclear talks and Russia's demands, which could affect the oil market. Additionally, the video explores whether high oil prices might prompt OPEC Plus to increase production, despite the risk of breaking their alliance with Russia.

What role does Russia play in the Iranian nuclear deal negotiations?

What challenges does OPEC plus face in increasing oil production?