The Politics of Oil, Covid-19 & Climate Change : Opportunity or Threat ?
▻https://www.amis.monde-diplomatique.fr/The-Politics-of-Oil-Covid-19-Climate-Change-Opportunity-or-T
Dr Adam Hanieh 18.45 on Monday 29th June 2020 Even before Covid 19 took full effect on the world economy, a ruthless oil price war involving Russia and Saudi Arabia had led to a sharp drop in the price of oil, and with the pandemic leading to a huge fall in demand, the price of oil has now dramatically collapsed. The consequences of this collapse are far reaching, not least in the US where the domestic shale industry is under severe pressure. However, it is by no means given that the (...)