High Oil Prices Exacerbated By OPEC+ Cuts Could Push Global Market Into Recession, Analysis Warns

by Jack McEvoy at CDN –

High oil prices that will be pushed up further by the Organization of Petroluem Exporting Countries’ (OPEC) and Russia’s significant supply cuts could push the slowing global economy into a recession, according to the International Energy Agency (IEA). OPEC and its Russia-led allies, which are collectively known as OPEC+, voted to slash …

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