In this January 2005 file image, a Kuwait Oil Company employee looks at a newly opened oil-gathering center north of Kuwait City. OPEC is facing multiple threats. Among them: Two of its largest members, Iran and Saudi Arabia, are locked in fierce competition and rising shale oil production from the United States is making it harder for OPEC to control the market.
Read this week's review of the world's most pressing geopolitical events and insight into what the coming week will bring....
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