‘While countries like the US and Australia have reopened mines, they remain dependent on China for refining,’ says energy strategist Umud Shokri In the 1990s, the US started offshoring a lot of our mining and a lot of our processing. So, a lot of that went to China … There’s …
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Iran Economy & Innovation Commentary Dr. Umud Shokri EN AR TR FA According to media reports, the Trump administration is thinking about physically intercepting and inspecting Iranian oil tankers on the high seas as part of a major escalation of Washington’s so-called “maximum pressure” campaign against the Islamic Republic. According to March 2025 reports, American …
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The U.S.-China trade war grew more intense in 2018 due to several factors, including concerns about trade imbalances, intellectual property theft, and restrictions on market access. These issues led to several wars as both countries sought to assert their economic dominance. When the U.S. placed tariffs on a range of …
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Increased oil supplies will moderate prices. But renewable energy will now have to compete with fossil fuel industryBy Richa Mishra ticking to his narrative of “Drill, Baby, Drill”, on January 20 Donald Trump, after taking office as the American President for the second time, declared National Energy Emergency. The objective of …
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President Donald Trump has promised to drastically lower oil prices in the United States during his second term—but the world’s oil-producing states may not allow him. U.S. President Donald Trump’s ambitious plan to revitalize the American oil sector and slash prices, a key promise of his reelection campaign, may be …
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The U.S.-Turkey relationship faces considerable challenges and opportunities during Trump’s second term, emphasizing defense cooperation, economic ties, and regional security. Observers in Ankara are cautiously optimistic that Trump’s transactional diplomacy could help resolve contentious issues, leveraging common interests in this crucial bilateral relationship despite the complex geopolitical environment.[1] The personal …
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In the run-up to the next U.S. presidential elections, energy security is becoming an increasingly important issue. Candidates’ suggested methods for improving energy security are being closely examined as they present their energy agendas. While some place greater emphasis on attaining energy independence, others give priority to more general goals …
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As fuel prices skyrocket following the Russian invasion of Ukraine, another major supplier of oil and natural gas is poised to play an important role. Before Donald Trump‘s withdrawal from the 2015 nuclear deal and the imposition of sanctions on Iran’s oil exports, Iran produced 3.8 million barrels of oil per …
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Since the Trump administration’s withdrawal from the nuclear deal in 2018 and the “maximum pressure” strategy of reimposing crippling sanctions, Iran has abandoned its key commitments, including the resumption of uranium enrichment. These moves have been accompanied by increasing ballistic missile tests, mysterious attacks on oil tankers in the Persian Gulf, increased meddling in conflicts …
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Turkish President Recep Tayyip Erdogan (November 13) will arrive in Washington to hold talks with US President Donald Trump. Erdogan is heading to Washington, where Turkey-US relations have been at a critical juncture in recent years, and the two NATO allies have sometimes adopted conflicting policies toward regional crises that …
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