Oil Markets Boil Over as U.S. Sanctions Hit Russian Energy
Oil prices surged to their highest in over four months, fuelled by a new wave of U.S. sanctions targeting Russia’s energy sector. The measures have...
Category: Commodities
Russia and Ukraine Shut the Taps on Five Decades of Gas Transit to Europe
The pipeline that once symbolised Soviet energy dominance is no more. After five decades of transporting Russian gas to Europe through Ukraine, the taps have...
Biden’s Last Hurrah: Sanctions Ramped Up as Trump Looms Large
As President Joe Biden’s administration prepares for its swan song, the focus has shifted to a final act of defiance against Vladimir Putin’s war chest....
A Precarious Transition in Syria
As Syrian President Bashar al-Assad flees to Moscow, leaving behind a palace ransacked by looters and streets filled with jubilant crowds in Damascus, the world...
The Return of President Donald Trump: A Blow to Global Climate Efforts and An Opportunity for China
Unsurprisingly, Donald Trump’s re-election is viewed as a setback for global climate action. The president-elect has made it clear he plans to scrap Biden’s clean...
The Transition to Clean Energy: The Big hypocrisy
It should come as no surprise that global electricity demand is skyrocketing as the world strives to electrify everything. Goodbye petrol cars, hello electric vehicles,...
The next crisis is coming from China and the steel industry
Shanghai trader Yu Yongzhang’s annual steel sales plummeted by over three-quarters in just a few years. China is the dominant force that has long controlled...
Energy Policy: European Inconsistencies Unmasked
European officials are engaged in discussions to maintain gas supplies via a crucial pipeline between Russia and Ukraine as they scramble to prevent Moscow’s war...
Oil price toward new highs, bad news for Central Bankers
When oil surged above $90 a barrel a few days ago, observers attributed it to military tensions between Israel and Iran. However, the underlying reasons...