With OPEC+ collectively ramping up production on one hand, and the Strait of Hormuz effectively "blocking" the market on the other, who holds the power to set oil prices? This article will take you through the logistical truth behind the soaring oil

2026-03-03

With OPEC+ collectively ramping up production on one hand, and the Strait of Hormuz effectively "blocking" the market on the other, who holds the power to set oil prices? This article will take you through the logistical truth behind the soaring oil prices.