MacroVoices #465 Rory Johnston: Oil Markets Under Trump 2.0
Macro Voices
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Dynamics of the Oil Market Amid Political Influence
This chapter investigates the interplay of global events, policies, and political actions on the oil market as it heads toward 2025. It highlights the delicate balance between U.S. oil production growth, the implications of sanctions on countries like Iran and Venezuela, and the impacts of tariffs on imports, particularly from Canada. Additionally, the chapter discusses misconceptions around energy independence, the complexities of crude oil blending, and potential geopolitical ramifications of U.S. foreign policy on oil prices and production.
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