Behold, the decline of OPEC and the twilight of the Arab oil age
- Posted on April 28, 2026
- By The Globe and Mail
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- 1 min read
The global energy landscape is experiencing fundamental transformation as OPEC's influence diminishes and traditional Arab oil dominance weakens. Shifting market dynamics, renewable energy adoption, and geopolitical realignments are reshaping Middle Eastern power structures. This epochal transition signals the end of petro-dependent regional hegemony, forcing oil-reliant economies to diversify and adapt to emerging energy paradigms in an increasingly multipolar world.
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