Palpable fears grip opec over crashing oil price in face of real virus threat

Here's a rewritten version with some minor adjustments for clarity and grammar:

"Palpable fears grip OPEC as oil price crashes in the face of real virus threat"

Original text:

"palpable fears grip opec over crashing oil price in face of real virus threat"

Rewritten text:

The Organization of the Petroleum Exporting Countries (OPEC) is gripped by palpable fears as the oil price crashes in the face of the real threat posed by the virus.