As the world grapples with the ongoing energy crisis, a seismic shift is underway in the global energy landscape. In a move that's being hailed as a game-changer, several major economies are reevaluating their membership in the Organization of the Petroleum Exporting Countries (OPEC), the influential oil cartel that has dominated global energy markets for decades. But why are countries like the United States, India, and China considering a departure from OPEC's fold? The answer lies in a fundamental transformation of the global energy market, driven by rapid advancements in renewable energy, shifting global demand, and the growing importance of non-OPEC oil producers. As the world transitions towards a more diversified and sustainable energy future, what does this mean for the future of OPEC and the global energy market?
Leaving the oil cartel is not just a commercial decision — it reflects structural changes in global energy markets
