Will Oil Prices Rise as the US-Iran Truce Frays? The Answer Lies With China.
For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.
For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices. This story matters for General News readers tracking general. Reported by nytimes.com. Read the full original at the source link below.
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