The institution with the most power over oil is

Question

Quizplus · Accepted Answer

OPEC (Organization of the Petroleum Exporting Countries) is a group of 13 countries that collectively control over 40% of the world's oil production and have significant power over global oil prices. They have the ability to adjust production levels and influence the supply and demand of oil, making them the institution with the most power over oil. The G-8, the United Nations, and NATO do not have the same level of control or influence over the oil industry.

The Institution with the Most Power Over Oil Is