“Russia is now OPEC’s therapist.” How Putin became a pivotal player in the world's $1.7 trillion crude-oil market.
When the Organization of the Petroleum Exporting Countries met in Vienna in December, it was in danger of imploding.
Oil prices had plunged. Member states Iran, Venezuela and Libya were refusing to cut production. Qatar had quit. And U.S. President Donald Trump was pressuring Saudi Arabia to keep prices low.
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