Will US Strikes on Venezuela Rock the Global Energy Market?
US strikes on Venezuela shake talk of energy shocks, but OPEC+ balance, ample supply and investment hurdles mean global oil dynamics stay largely steady.
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US strikes on Venezuela shake talk of energy shocks, but OPEC+ balance, ample supply and investment hurdles mean global oil dynamics stay largely steady.
Brazil steps into the global oil spotlight by joining OPEC+, aiming to boost its energy sector while facing criticism for expanding drilling in the Amazon ahead of COP30.
Eight OPEC+ members, including Saudi Arabia and Russia, extend their voluntary oil output cuts by one month, pushing reductions through December 2024 in response to weak oil prices.