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Sunday, March 1, 2026

OPEC’s October Surprise: Higher gas prices a boon to Putin, the Saudis — and Republicans

The October Surprise of 2022 has arrived, from an unexpected source — as surprises tend to do. Led by Russia and Saudi Arabia, the oil-producing cartel OPEC and its partners announced on Wednesday it will slash oil production by 2 million barrels a day, which will not merely reverse the steady …

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