Oil surges on surprise OPEC+ output cut; Vandana Hari of Vanda Insights explains
Oil prices soared almost six percent in Asian trade Monday morning after major producers led by Saudi Arabia announced a surprise cut of more than one million barrels per day. Is it desperation by OPEC+ to protect market share amid Russia deals? Vandana Hari of Vanda Insights shares her thoughts in light on sanctions on Russia.
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