{
"$type": "site.standard.document",
"bskyPostRef": {
"cid": "bafyreihjpvrehgraj2nkq7wro7yw3h7jaqq4uxy6lxlmzfnua5sem624uy",
"uri": "at://did:plc:7nuyhqvd4a6xquezhjhvregv/app.bsky.feed.post/3mkllqy5nnk32"
},
"coverImage": {
"$type": "blob",
"ref": {
"$link": "bafkreieyfnaxozzdm2s6dnf5xwytesdkaycttsstnf6hgn22nvlwsdg4vy"
},
"mimeType": "image/jpeg",
"size": 627712
},
"path": "/2026/04/28/business/opec-oil-cartel-prices.html",
"publishedAt": "2026-04-28T19:33:02.000Z",
"site": "https://www.nytimes.com",
"tags": [
"Oil (Petroleum) and Gasoline",
"US and Israeli Attack on Iran (2026)",
"Prices (Fares, Fees and Rates)",
"Organization of the Petroleum Exporting Countries",
"United Arab Emirates",
"Strait of Hormuz"
],
"textContent": "The group of oil-producing countries supplied more than 25 percent of the world’s oil before the war in Iran. Its members have influenced energy markets through the years.",
"title": "What Is OPEC, and How Does the Oil Cartel Influence Petroleum Prices?"
}