Russia Breaks Middle Eastern, Latin American Oil Markets Wide Open
The global oil industry is a highly lucrative sector that is strongly influenced by geopolitical developments. As the Post-Cold War era comes to an end, a new status quo is arising. The U.S. was once the only player with the capability to significantly influence energy markets around the globe. The country’s military and global alliances proved powerful tools in controlling developments in regions such as the highly volatile Middle East.
Russia Breaks Middle Eastern, Latin American Oil Markets Wide Open
Source: RI