The True Promise Of Joe Biden’s Middle East Trip
Time will tell whether President Joe Biden’s Middle East trip proves to be a turning point, but those who dismiss its importance are missing the bigger picture. Read More Here
Tag: oil
The Energy Crisis Will Deepen
Today’s global energy crisis could turn out to be even worse than what the world experienced in the 1970s. Much will depend on more informed collaboration between governments and industry leaders, with policymakers properly understanding and managing the energy flows on which modern economies depend. Read More Here
Biden Was Always Going To Need Saudi Arabia
The president is clearly hoping that if he shakes hands with the crown prince and the Saudis agree to pump more oil, Americans will not be paying between $5 and $7 for a gallon of gas for very much longer. Read More Here
Stagflation Risk Rises Amid Sharp Slowdown In Growth – World Bank
Global growth is expected to slump from 5.7 percent in 2021 to 2.9 percent in 2022— significantly lower than 4.1 percent that was anticipated in January. It is expected to hover around that pace over 2023-24, as the war in Ukraine disrupts activity, investment, and trade in the near term, pent-up demand fades, and fiscal […]
Saudi Arabia Is Swinging Again – But For How Long?
The most recent change on the supply side of the global oil market has involved Saudi Arabia suddenly and dramatically regaining its swing-producer role. But, in view of growing hostility toward fossil fuels, this development is unlikely to alter the market’s longer-term dynamics. Read More Here
Will Europe’s Embargo On Russian Oil Succeed?
Europe’s decision to ban most Russian oil imports is based on a simple calculation: because the EU accounts for about half of Russia’s oil exports, an embargo would roughly halve Russia’s oil-export revenues. But the reality is more complicated. Read More Here
Bowing To The Prince
If he follows through on his plans to visit Riyadh, Biden will be making a bad deal: exchanging near-certain reputational damage for the mere possibility of modest triumphs. It is a visit that should never have been planned. Read More Here
What Biden needs to get if MBS wants to reconcile
The severe tensions between the US and Saudi Arabia didn’t happen overnight; nor will they be somehow magically addressed by the sugar high the Donald Trump administration created by coddling MBS. Read More Here
Why Russia’s Economy Is Holding On
Despite predictions of doom for the heavily sanctioned Russian economy, nearly two months into Russian President Vladimir Putin’s invasion of Ukraine, his country’s oil exports to Europe and other have actually risen, and its financial sector is so far avoiding a serious liquidity crisis. Read More Here
For India, Putin’s War Starts To Look Like A Gift
Far from being in an unenviable bind, New Delhi now looks well placed to leverage its position in the middle for its own benefit in the short and long term. Read More Here
looking beyond borders 