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The Economic Times

National / The Economic Times

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Iran war hands OPEC's swing producer crown to America

America is now the world's energy superpower. The Iran war caused an oil crunch, but the U.S. is helping. It is increasing oil exports and using its strategic reserves. The U.S. is also adjusting sanctions on Russian and Iranian oil. This shows America's significant influence on global energy markets.

27 Apr 2026 11:40 am