Where is the headquarters of the Organisation of the Petroleum Exporting Countries (OPEC)?
- Montevideo
- Vienna
- Minsk
- Aden
The Correct Option is B
Solution and Explanation
The Organisation of the Petroleum Exporting Countries (OPEC), an intergovernmental body established in 1960, plays a key role in coordinating oil-producing nations' policies. Its headquarters, situated in Vienna, Austria, serves as a neutral venue crucial for international cooperation. OPEC's objective is to manage oil supply to influence the global market and stabilize prices. Vienna's strategic and neutral position facilitates decision-making among member countries regarding the global oil economy.
- Montevideo
- Vienna
- Minsk
- Aden
The correct location is Vienna.
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