Oil cartel bosses refuse to panic despite wild geopolitical chaos and kidnapped leaders. The alliance indicates output will stay steady even as member states fight and Washington captures the Venezuelan head of state. Eight producers met after crude values crashed eighteen percent during 2025 due to massive oversupply. These nations raised targets nearly three million barrels daily last year but agreed to pause scheduled hikes for three months. Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq, Algeria, and Oman maintain this freeze despite the drama. Tensions flared recently when a UAE-aligned group seized territory in Yemen from Saudi partners.
Donald Trump snatched Nicolas Maduro and Cilia Flores recently to force regime...