As the Russian invasion of Ukraine continues, it is becoming clear that a lot more is at stake than just the future of Ukraine. Big shifts in global order are set to follow because Russian bad behavior is triggering a...
Venezuelan President Nicolas Maduro has few allies in the international community, and fewer still who can economically assist his starving nation. When Iran came to his aid by sending oil tankers loaded with gasoline, for a brief moment there was...
Oil is the most important source of energy, the market capable of determining the economic and political structures of entire macro-areas. The race for black gold began as early as the end of the 19th century in the aftermath of...
With crude oil recently falling below zero per barrel thanks to a price war and the sudden pandemic, the future of oil is deeply uncertain. COVID-19 has brought global passenger transportation and trans-national trade to a near stand-still and oil...
Gaining control of global oil production is often treated as a catch-all explanation for America’s wars. It was used in the case of Iraq, though the reason that then prompted Washington to overthrow Saddam Hussein in 2003 is more accurately...
By early March, people around the world had already started comprehending that COVID-19 was something much more complicated and dangerous than “just a Chinese problem.” The exponential spread of the virus across Italy, followed by other European major countries and...
In early January 2020, Brent oil was trading just over 70 USD per barrel; however despite a turbulent 2019, the New Year would not foreshadow — by any means — the disastrous future. Rising Geopolitical Tension The tension across the...
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