On Wednesday, 2 October 2024, Saudi Arabia issued a stern warning that global oil prices could plummet to $50 per barrel if OPEC+ member states fail to adhere to agreed …
Tag:
global oil market
- BUSINESS & ECONOMY
Biden Administration’s Lenient Sanctions on Russia and Iran Aim to Stabilise Fuel Prices Before Elections
In a bid to stabilise fuel prices ahead of the upcoming elections, the Biden administration has intentionally implemented softer energy sanctions against major oil-producing countries like Russia, Iran, and Venezuela. …
