23 January 2018
Volatile world
Trump ditched Paris, Paris got Macron, Isis lost Mosul
America On 1 June, President Donald Trump fulfilled one of his election promises by pulling the US out of the Paris Accord on climate change. He said the agreement had put America at a "very, very big economic disadvantage". The move was widely criticised. Later in the year parts of the US and nearby islands were battered by a larger-than-normal number of hurricanes and tropical storms—a clear sign, many said, of climate change. Earlier in the year, Trump's "America First" plan saw him pull the US out of the Trans-Pacific Partnership. He maintained throughout 2017 that he could do the same with Nafta too. Venezuela President Nicolás Maduro spent the year tightening his grip on power and cast
Also in this section
5 December 2025
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
