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OPINION -- Two months into the U.S.-Iran war, the global oil market has shifted from shock to siege. The Strait of Hormuz — through which roughly 20 percent of the world’s seaborne oil trade normally [...] More
When UAE Energy Minister Suhail al-Mazrouei announced Tuesday that Abu Dhabi is leaving OPEC – a cartel it has been a member of since 1967 – he called it a “pure policy change” and a “policy-driven [...] More