Oil smooths superpowers’ global dealings
A new age of abundant and cheap energy supplies is redrawing the world’s geopolitical landscape, weakening and potentially threatening the legitimacy of some governments while enhancing the power of others. |||
Rich MillerA NEW age of abundant and cheap energy supplies is redrawing the world’s geopolitical landscape, weakening and potentially threatening the legitimacy of some governments while enhancing the power of others.Some changes are already evident. Surging US oil production enabled America and its allies to impose tough sanctions on Iran without having to worry much about the loss of imports. Russia, meanwhile, faces what President …read more
Source: Independent Online
