Soaring oil prices in recent months due to Moscow’s invasion of Ukraine mean some OPEC+ countries have raked in billions of dollars more in revenue than expected
High oil prices have been beneficial for OPEC+, an alliance of oil-producing countries that controls more than half of the world’s output. WSJ’s Shelby Holliday explains what OPEC+ countries are doing with the windfall and why they aren’t likely to distance themselves from Russia. Illustration: Adele Morgan