Oil and gas in the new world order
Geopolitical risks are changing and rising. The energy sector will be in the crosshairs
Global politics is entering uncharted waters. The post-Cold War liberal world order crafted by the US, Europe and their allies, which provides the framework for multinational enterprise, is increasingly threatened by both external and internal challengers. Externally, major powers are promoting alternate visions of world order. A new global economy has emerged as a result of rapid growth in the developing world, where large economies like China and India, or regions like sub-Saharan Africa and Southeast Asia, lead trade and investment opportunity. Having benefited substantially from globalisation, the major emerging markets are now pitching themselves as the custodians of world trade, enviro
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The end of transit, though widely anticipated, leaves Europe paying a third more for gas than a year ago and greatly exposed to supply shocks
