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The Impact of Sanctions and Geopolitical Conflicts
This chapter analyzes the effectiveness of sanctions on oil-producing countries like Venezuela, Russia, and Iran, highlighting their ability to adapt and sell oil despite restrictions. The discussion also delves into the ongoing conflicts in Ukraine and the Israeli-Palestinian territories, emphasizing the need for negotiations and addressing underlying concerns for lasting peace. Additionally, it considers the challenges of transitioning to net zero emissions while balancing energy needs, particularly in developing nations reliant on natural gas.