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The founding members of the Organization of the Petroleum Exporting Countries (OPEC) were all from the Middle East, except for
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. The members of the organization formed an alliance to influence the world economy by controlling
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.

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The founding members of the Organization of the Petroleum Exporting Countries (OPEC) were all from the Middle East, except for Venezuela. The members of the organization formed an alliance to influence the world economy by controlling oil production and prices.