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BRICS Meeting 2024 - A Game Changer for GOLD? | Doomberg

Soar Financially

CHAPTER

Navigating the Energy Crisis

This chapter explores the implications of an energy crisis centered on oil supply disruptions from the Middle East. It discusses the inelasticity of oil prices, historical spikes, and how geopolitical tensions affect global manufacturing and energy independence in the U.S. and EU. The conversation also addresses the potential for equilibrium in oil prices amidst shifts to natural gas, considering the interplay of energy dynamics and market forces.

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