In late 2021, the international price of crude oil rose significantly due to two factors: (i) a rise in demand for oil as world-wide COVID-19 pandemic restrictions eased, and (ii) OPEC and Russia limited their increase in the supply of oil onto world markets so that the increase in supply was less than the increase in demand. Use a demand and supply graph for crude oil to illustrate both of these effects, and carefully explain your graph. (No need to include actual oil prices). Discuss which other markets were affected by the higher oil prices