Economics · International Organizations & Energy Sector
Arrange the following events and developments related to the Organisation of the Petroleum Exporting Countries (OPEC) in the correct chronological order of their occurrence or significance: 1. Expansion of coordination with non-OPEC producers like Russia through the OPEC+ framework2. The 1973 Oil Crisis following an embargo that quadrupled global oil prices3. Establishment of the organisation in Baghdad by five founding members4. India's dependency on crude oil imports reaching approximately 85% Select the correct answer using the code given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 3, 2, 4
- 23, 2, 1, 4✓
- 32, 3, 1, 4
- 43, 1, 2, 4
Correct answer
3, 2, 1, 4
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