Our familiar system of global political and economic alliances is shifting, and nothing has made this change clearer than the varied reactions to Russia's invasion of Ukraine.
This is what the US spent the last decade doing with fracking. It drove oil prices down to the point where fracking was no longer pofitable and is one of the reasons why the "rules based international order" is breaking down. The US stopped playing by the rules, i.e. buying oil at OPEC manipulated prices.
This is what the US spent the last decade doing with fracking. It drove oil prices down to the point where fracking was no longer pofitable and is one of the reasons why the "rules based international order" is breaking down. The US stopped playing by the rules, i.e. buying oil at OPEC manipulated prices.