Tag: state-controlled oil reserves
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Who Controls the World’s Oil? The Hidden Power Behind State-Owned Reserves
Black Gold Governance: The State of Oil Control The geopolitical struggle for oil dominance shapes global economics, with OPEC members controlling 79.5% of proven reserves through state-owned enterprises. This concentration of energy resources continues to influence international relations and market stability. For more on the top players in the oil and gas industry, see Who…