After months of turmoil in the Strait of Hormuz, which underscored the country’s dependence on the vital waterway and caused ...
The global energy transition is losing momentum just as the world needs it most. Geopolitical friction, sluggish clean-technology deployment in key sectors, and persistent fossil-fuel subsidies have ...
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Folly of Nigeria’s oil dependency
THE fresh developments surrounding Nigeria’s proposed $5 billion oil-backed loan deal with Saudi Aramco highlight the dangers of the country’s persistent dependence on oil. Reports indicate that the ...
As geopolitical tensions in West Asia continue to impact global energy markets, India is once again exploring ways to ...
Between Aug. 31 and Sept. 1, Indian Prime Minister Narendra Modi attended the 2025 Shanghai Cooperation Organization’s summit meeting in China. Established by China in 2001 to manage border disputes, ...
BRUSSELS, April 15. /TASS/. The European Union’s import dependency for crude oil and petroleum products surged to a new record high of 97.7% in 2022, the Eurostat statistical agency reported. This ...
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