Part 3/9:
The key topic of discussion shifts to the recent OPEC meeting. The hosts note that OPEC has decided against imposing a production cap, primarily due to disagreements among its member countries, especially with Iran’s influence. Saudi Arabia assures that it won’t flood the market, promoting a cautious optimism. O’Reilly and Muckerman observe that historical precedence suggests this meeting, like many before it, may not yield significant changes.