Global Energy Dynamics: U.S. Dominance and Geopolitical Tensions

This chapter examines the evolving landscape of global energy, with the U.S. emerging as the top oil producer in 2023, overshadowing traditional heavyweights like Saudi Arabia and Iran. It analyzes the geopolitical implications of the Israel-Iran conflict on oil markets, examining the strategic calculations of both nations and the potential effects on global supplies. The discussion also addresses how current market behaviors reflect an uneasy balance between rising inflation, economic growth, and shifts in currency preferences among investors.