The Middle East is often characterized by profound uncertainties. Many Middle Eastern countries experience alliances and dissolutions, war and peace, popular uprisings, and military coups. It’s important for investors to understand how the events in the Middle East news affect the region’s economy, currency, and investment opportunities. 11 IMPORTANT THINGS TO KNOW ABOUT POLITICAL RELATIONSHIPS
What does OPEC stand for? OPEC stands for the Organization of Petroleum Exporting Countries. The OPEC cartel dominates oil and gas supply around the world and influences crude oil prices in both oil-producing countries and oil-purchasing countries. It’s important for global investors to understand how OPEC’s policies affect the economies and currencies around the world.