talk about opec being another source of trying to make up that lost supply as well as some outliers like iran and venezuela. but all of these have uncertainties around them and there are time lags to all of them. add to those pieces of supply you also have the prospects of american increased oil production, but more likely we re looking at a continued reliance on the strategic petroleum reserve at least for a few months. so the bottom line, fareed, is that there are a lot of places where the world could make up that shortfall, but all of these, as i said, have a lot of uncertainty around them and it would take an unprecedented amount of cooperation and real savvy execution to make sure that there wasn t a huge disruption in the oil markets as a result of a ban on russian oil to europe. meghan, so what you re saying, which is very important and i think not enough people understand, it s not just enough
Transcripts for CNN Fareed Zakaria GPS 20240604 17:28:15
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