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April 17, 2024

Iran
Iran’s Revolutionary Guards

Conceived as the principal defenders of the 1979 revolution, the Islamic Revolutionary Guard Corps has evolved into an institution with vast political, economic, and military power.

Members of the Revolutionary Guards attend a parliamentary session in Tehran.

March 9, 2022

Oil and Petroleum Products
OPEC in a Changing World

Western leaders have long criticized OPEC’s power to raise oil prices, and the bloc continues to influence the global market even as U.S. oil production has soared and alternative energies have come …

OPEC

November 10, 2008

Fossil Fuels
Non-OPEC Oil Production

Non-OPEC oil producers, which turn out most of the world’s oil, are operating near capacity.

April 27, 2006

Chad
Chad’s Oil Troubles

The World Bank, a U.S.-led oil consortium, and Chad’s government came together for a pipeline plan that was hailed as a new model to help developing nations escape poverty and avoid corruption. But u…

February 9, 2009

Venezuela
Venezuela’s Oil-Based Economy

Venezuela is trying to develop new markets for its oil at a time of increasing friction with its main customer, the United States. But a significant short-term shift in oil relations between Venezuel…