Wednesday, June 12, 2024
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OPEC and International Law

Many countries experienced an energy crisis in 2021, and although there is greater diversity in primary energy production, a total transition away from oil is impractical, if not impossible, for the next few decades. That is where OPEC’s relative power shines through as its members' proven crude oil reserves account for nearly 80% of global reserves as per OPEC’s 2018 reports. How is OPEC perceived through the scope of international law?

An Italian expert: Saudi Arabia’s unilateral decision on oil serves Washington’s interest

In the picture Tiberio Graziani. Tiberio Graziani, director of the Italian International Vision and Global Trends Institute for Analytical Studies, said today, Tuesday, that Saudi...

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