Both countries are dependent on what’s trickling right now through two critical chokepoints.
The Xi-Trump Summit Runs on Oil that Isn’t Moving
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The Debt that Sustains American Power Is Becoming Much More Expensive
The Iran War is challenging America’s economic primacy.
Washington’s Venezuela Model Is Regime Change with an Invoice
Washington is getting a fifth of the country’s reserves locked in for a generation, while the companies that lobbied hardest get first access to pump it.
Chokepoints and Chains
The Strait of Hormuz crisis reveals much about global supply fragility.
The Expansion of the Donroe Doctrine
Trump is attempting to synthesize the dying Oil Revolution with the ascendant Mineral Revolution.
Venezuela and the Trump Administration’s “Hemisphere First” Agenda
Oil is part of the reason Trump invaded Venezuela. But the bigger reason is classic imperial power politics.
Who Really Wants to Crash the U.S. Economy?
Secondary sanctions against countries that import Russian oil will also hurt the U.S. economy.
Nepal’s Hunt for Oil: Energy Sovereignty or Risky Gamble?
Fossil fuels unfortunately remain alluring for poorer countries, but oil and gas are ultimately just fool’s gold.
Playing Russian Roulette with Middle Eastern Oil
Despite hellish heat waves and epic floods, the Middle East gets failing grades on climate action.
In the Caucasus, the U.S. Priority Is Fossil Fuels, Not Armenians
Despite the ethnic cleansing of Armenians from Nagorno-Karabakh, U.S. officials remain upbeat about opportunities for new energy pipelines.