The recent oil shock in the Middle East has delivered a significant boost to Russia’s economy, reports Le Monde. Soaring prices and reduced competition have catapulted Moscow into a more dominant role on the global energy stage
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Venezuela’s oil production is projected to lag behind Brazil, Guyana, and Argentina through 2030, according to Rystad Energy. Despite sitting on some of the world’s largest reserves, ongoing challenges keep this South American nation’s output from reaching its full potential