This debate examines whether OPEC still shapes global oil markets or whether shifting geopolitics and production trends have overtaken its influence.

McConnell serves as the head of the Senate Appropriations Subcommittee on Defense, and while he is out, the committee’s work reviewing the Trump administration’s mammoth defense bill has stalled.

The cartel still matters—but the Hormuz crisis and the UAE’s exit show that relevance is no longer the same as control. The usual question “Is OPEC still relevant?” is too easy. Oil remains central to ...

The European Union has been reluctant to assert or protect its interests in the Caucasus. When it does, the region does not see it as a reliable mediator. The recent Armenian election, at times ...