Grp. with many Middle Eastern members Crossword Clue Universal Puzzle Answer from June 08 2024

Grp. with many Middle Eastern members Universal Crossword Clue Answer

Let’s find the answers to Grp. with many Middle Eastern members Universal for the June 08, 2024 edition of Universal crossword puzzle. Answer Contains 4 letters. Start with O and end with C, and the possible solutions are Oxic,Odic,Opec.

Answer to the crossword clue Grp. with many Middle Eastern members featured in the Universal puzzle is OPEC.

The crossword clue "Grp. with many Middle Eastern members" with the answer "OPEC" refers to the Organization of the Petroleum Exporting Countries. OPEC is an intergovernmental organization founded in 1960 that aims to coordinate and unify the petroleum policies of its member countries and ensure the stabilization of oil markets. Many of its member countries are from the Middle East, including Saudi Arabia, Iraq, Iran, Kuwait, and the United Arab Emirates.

OPEC plays a significant role in global oil production and pricing by collectively deciding on production levels to influence oil prices. The organization holds regular meetings to discuss and set policies that affect the global oil market. OPEC's influence is substantial, given that its members hold a significant portion of the world's oil reserves. The acronym "OPEC" is widely recognized, making it a fitting answer for the crossword clue.