The fallout from the Iranian conflict has resulted in a new world order in oil markets. Prior to the war in the Middle East, multiple factors significantly influenced a sizable share of international energy, including the Strait of Hormuz and the Organization of Petroleum Exporting Countries (OPEC). Almost five months later, it appears these dynamics are shifting, as the United States has lit the match that will blow up the current arrangement.
Overhauling Oil Markets
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