OPEC

venezuela oil
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Venezuela has agreed an oil deal with the US giving Washington unprecedented access to its oil reserves, casting doubt over its continued membership of OPEC

Amr Salahi
01 September, 2026
Commercial dock and petrol refinery in Jebel Ali Port - Dubai
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OPEC Photo Illustrations
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opec [Getty]
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: In this photo illustration, the OPEC (Organization of the Petroleum Exporting Countries) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)
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 Men stand near tank trucks at a market for fuel oil and automotive fuel on March 17, 2026 in Erbil, Iraq. Recent drone attacks in the region have forced some oil refineries here to cease operation, while others continue.
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Iraq oil
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Saudi Arabia, Israel deny reports claiming they are close to a normalisation deal
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OPEC Photo Illustrations
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Iranian President Masoud Pezeshkian
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