Trump’s EU Tariff Threats & the Oil and Gas Industry In May 2025, U.S. President Donald Trump escalated trade tensions with the European Union (EU) by threatening a 50% tariff on EU imports starting June 1, citing stalled trade negotiations and a persistent trade deficit. This follows earlier threats in December 2024, where Trump demanded […]
Europe’s Energy Lifeline: The Geopolitical Implications of Dependence on Russian Oil and Gas For decades, Europe’s energy security has been intricately tied to Russia, a relationship forged through geography, economics, and politics. As one of the world’s largest producers of oil and natural gas, Russia has supplied a significant portion of Europe’s energy needs, creating […]
Russia’s invasion of Ukraine in February, 2024 has sparked a global crisis that has far reaching implications for the oil and gas industry, global energy prices, and consumer supply in both countries. Industry Impact The war in Ukraine has exposed the vulnerability of the oil and gas industry to geopolitical shocks and supply disruptions. Russia […]