The sudden rise in oil prices in the world market has destabilized the entire energy sector. The situation became so chaotic that the world's largest fuel oil reserves, including the United States and China, were forced to release their reserves in order to stabilize the oil market. Then, when everyone gave up a fairly large portion of their energy reserves, the OPEC countries rushed to increase their oil production. Due to this, the price fell sharply. And as a result, the world's largest oil companies suffered huge losses. Most of which is controlled by America and its allies.
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And behind all this was the hand of Saudi-Russian-led OPEC. The energy sector is one such sector, the impact of which is felt all over the world. Overnight production costs go up. Multinational companies are under a lot of pressure. The world market has become volatile. Ever since Biden came to power, he has been trying to hold on to Saudi Arabia. As it turns out, the United States and its allies have come under increasing pressure to pressure Saudi Arabia and Russia. After King Faisal, only MBS has been able to use oil weapons properly so far. By doing so, MBS probably tried to send a message to the United States not to try to hold me back. Then I will not hesitate to use my weapon.
212.627 SRY