Abrupt cuts in oil production approved by OPEC + have caused shockwaves in energy markets, pushed the cartel into a confrontation with Washington and signaled the strengthening of ties between Saudi Arabia and Russia.
The OPEC cartel and associated producers agreed on Wednesday to jointly cut production by two million barrels a day. This move will cause further inflationary pressures in the world economy, already plagued by the energy crisis.
The implications are far-reaching, from the evolution of the oil price to the future
