This chapter explores the motivation behind OPEC's actions in stabilizing oil prices and how it is driven by maximizing revenue and geopolitical influence. It also discusses the shifting power dynamics from the West to the East and the challenge posed by the BRICS grouping to the influence of G7 NATO.
Liam Halligan is a British economist, journalist, author and broadcaster. He is currently economics and business editor at GB News. Since 2003, Liam has written a weekly column in The Sunday Telegraph. He also presents The Telegraph's weekly ‘Planet Normal’ podcast.
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