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EconomyOPEC+ loses oil market sway in Iran war as China gains influence

Six months into the Iran war, OPEC+, the world’s most powerful oil alliance, finds itself unable to influence a market it once helped shape, while China is gaining influence.

OPEC+Iran waroil marketChina

RReuters★★★★☆2026-08-27 07:10Original

OPEC+ loses oil market sway in Iran war as China gains influence
OPEC+ loses oil market sway in Iran war as China gains influenceEconomy