Tag Archives: energy markets

OPEC is losing influence because global oil production has diversified, internal political tensions have intensified, and member states increasingly believe they can earn more outside the cartel than within it. The recent decision by the Organization of the Petroleum Exporting Countries to face another high-profile exit has reignited debate about …

Oil at US$200 per barrel would trigger a systemic global economic shock driven by supply disruption at critical maritime choke points. This extreme scenario reflects escalating geopolitical risk, particularly asymmetric warfare affecting energy transit routes such as the Strait of Hormuz. The article explains how such a price spike would …