Can Africa grow without fossil fuels?
FT News Briefing
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Geopolitical Influences on Oil Supply and Prices
This chapter examines OPEC's recent decisions on increasing oil supply amid pressures from the U.S. and Saudi Arabia's intent to stabilize global prices, highlighting the delicate balance the organization faces with its members. It also explores the geopolitical factors influencing these choices, including diplomatic relations and historical events like the Khashoggi incident.
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