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OPEC and its partners such as Russia, known as OPEC+, announced on October 5 that it will cut its total oil production quota by two million barrels per day. This decision, its impetus, and implications have been badly misunderstood in…
Israel and Lebanon have agreed to a U.S.-mediated deal that demarcates the majority of their maritime border, granting Lebanon almost all of the territory it had originally laid claim to except for a critical, 5-kilometer-long security area near the coast.…
“Betrayal,” “fleecing”, “collusion.” These are the charges Biden officials and congressional Democrats continue to level against Saudi Arabia for the Oct. 5, Organization of Petroleum Exporting Countries (OPEC+) decision to cut oil production, as they demand “consequences.” However, what was decided —…