EnergyHighConfirmedAccelerating
9.6
US-Venezuela oil deal grants US majority control over 65B barrels
Long War Journal·US · VE·3 days ago
Oil producers across the Americas have captured market share from Middle Eastern exporters during the Iran war, and the shift appears structural as energy-security concerns persist. The piece argues the emergency response is becoming a lasting change, though it does not quantify production or market-share figures. This matters because it signals a durable rebalancing of global oil supply away from the Middle East, with implications for pricing and investment flows.
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