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The Big Picture

A Lifeline for Petrostates?

Until recently, slow global growth and massive shale-gas production in North America was driving down energy prices and forcing oil-exporting countries to retrench. But with growth picking up and oil prices climbing again, have the petrostates been granted a reprieve?

A man fills his car up with gas at a station Spencer Platt/Getty Images
Oil barrels Ahmad Al-Rubaye/Getty Images
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People gather to protest over high cost of living in Tehran Anadolu Agency/Getty Images;

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