The article analyzes the unexpected nature of Brazil’s decision to join OPEC+. It does so by highlighting President Lula’s environmental commitments and Brazil’s growing role on the international stage.
The United Arab Emirates (UAE) hosted in Abu Dhabi the 28th edition of the UN-sponsored Conference of the Parties (COP28), the largest global conference on climate change. The Emirates’ strategy is highly ambivalent, and mirrors a regional reality that is solidly tied to the oil trade but intends to repurpose itself as a global hub for new energy sources for the transition.
The Ukrainian war skyrocketed the oil and gas prices, pushing the US inflation.
President Biden, as a pragmatic Democrat, started to revive the commercial relations with Venezuela, putting at stake his reputation on human rights.
On January 1, 2021, at a televised event held near Novi Sad, Serbian President Aleksandar Vucic attended the opening ceremony for the Serbian section of the BalkanStream natural-gas pipeline, part of a larger project known as TurkStream which delivers Russian gas to Turkey, Bulgaria, Serbia, and Hungary.