Tariffs, Energy, and Banks
Bloomberg Surveillance
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Saudi Arabia and Russia: Navigating the Oil Landscape
This chapter explores the evolution of Saudi Arabia's oil economy and its strategic ties with Russia within OPEC+. It highlights the complex interplay of global oil market dynamics, the challenges posed by U.S. production, and the implications of energy as a tool of foreign policy. Additionally, it delves into the changing demand trends for oil and the geopolitical consequences of energy dependency on nations like Germany.
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