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Why Oil Prices Rose After Downing Of Russian Fighter Jet

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Russia's President Vladimir Putin looks on while speaking with journalists in Itamaraty Palace in Brazilia, early on July 17, 2014. (Alexi Nikolsky/AFP/Getty Images)
Russia's President Vladimir Putin looks on while speaking with journalists in Itamaraty Palace in Brazilia, early on July 17, 2014. (Alexi Nikolsky/AFP/Getty Images)
This article is more than 7 years old.

A "stab in the back" is how Russian President Vladimir Putin is describing the downing of a Russian jet by Turkey. After news came out of the downing, oil prices rose. Here & Now's Indira Lakshmanan looks at why with Ali Velshi, host of "Ali Velshi on Target" on Al Jazeera America. We also look at a fight in OPEC over oil production levels.

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This segment aired on November 24, 2015.

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