As the Russian invasion of Ukraine enters its second week, crude oil prices have risen to levels not seen in a decade.
Despite the rise in prices, OPEC and other oil-producing countries said they are sticking with their plan to gradually increase oil production
The price of crude oil is expected to hit more than 120 dollars a barrel this weekend .
The increase is already causing long queues at the pumps in some regions of the world.
So how will governments deal with this energy crisis?
Presenter: Hazem Sika
Alex Schindelar – President of Energy Intelligence and Former Editor of Petroleum Intelligence Weekly.
Bjarne Schieldrop – Specialist on European Energy Politics.
Ben Cahill – Senior Fellow at the Energy Security and Climate Change Program at the Center for Strategic and International Studies.
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