Energy, as a resource, has been considered only as a factor of complex geopolitical rivalries and geo-economic calculations globally. This article, on the other hand, attempts to analyse a parallel trend in the post-Cold War international scenario, a trend that shows how energy gains global relevance as a vector of alliance and a link for interdependence, and how economic and environmental challenges have become the compelling factors to push competitors to turn into allies and partners.
Trump’s Energy Plan – More Volatility for Oil Geopolitics
Although President-elect Trump has declared his intention to deregulate the fossil fuel sector in order to make America less energy import dependent, but over time, this will lead to an increase in supplies in an already over-supplied oil (and gas) market and send prices into a further downward spiral.