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2026-07-18T17:10:21.000Z

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Nepal floods death toll exceeds 450

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OPEC Ex-Official: Oil Needed, Clean Energy Not Enough

OPEC Ex-Official: Oil Needed, Clean Energy Not Enough

Suspending investment in oil risks endangering global production and could lead to a decline in energy supplies. Oil expert Fouad Al-Zair pointed out that the Ukraine crisis revealed that full reliance on renewable energy is a misconception, reinforcing the need to continue investing in oil to ensure market stability and meet worldwide demand.

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