As OPEC announced record revenues from oil sales, but amid a fall in the price this spring, I spoke with Monocle 24 about the politics behind the production. Topics ranged from the squeeze on Iran to the place of countries like Iraq, Venezuela, and Libya to the role of Saudi Arabia as "first among equals" in manoeuvres between OPEC, the US, and Europe.
The discussion starts just after the 19-minute mark. To reach the programme, click on "Monocle Daily" for 19/06.