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Navigating the Energy Landscape
This chapter evaluates the intricate state of the global oil market, emphasizing how China's economic weaknesses and U.S. shale production are influencing prices and supply dynamics. It explores the implications of rising renewable energy alongside traditional sources, the geopolitical nuances of U.S.-China relations, and the quest for energy autonomy in developing nations. Additionally, the chapter highlights the financing challenges for hydrocarbon projects in Africa and discusses the evolving landscape of nuclear energy amid a backdrop of changing political and economic climates.