For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.
<iframe src="https://statesidedaily.com/embed/cluster/619eb9304b2f974b87db32162e417804e342fca6" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Will Oil Prices Rise as the US-Iran Truce Frays? The Answer Lies With China."></iframe>
For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.
