The formation of OPEC marked a turning point toward national sovereignty over natural resources, and OPEC decisions have come to play a prominent role in the global oil market and international relations. After its founding in 1960, OPEC initially faced challenges in asserting its influence. The organization needed to establish unity among member countries with diverse political and economic interests. Despite this, OPEC gradually began to coordinate policies on oil production and pricing, giving producers a stronger negotiating position against Western oil companies.
