Slower growth in China has braked the rise in world energy prices and Russian riches, but Beijing has also stepped up its purchases of Russian fossil fuels.
Tag: United States International Relations
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Biden’s Choice After OPEC Cuts: Woo Saudi Arabia, or Retaliate?
The announcement by the Saudi-led OPEC Plus energy cartel that it would slash oil production was widely seen in Washington as a stab in the back of President Biden.
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Macron’s European Political Community Debuts in the Shadow of War
The French president envisions the European Political Community as a bold way for an independent Europe to flex its muscle. Whether Europe will follow his lead is unclear.
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OPEC Move Shows the Limits of Biden’s Fist-Bump Diplomacy With the Saudis
OPEC’s decision to curb oil production was a signal that President Biden’s influence over his Gulf allies was far less than he had hoped.
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U.S. Aims to Turn Taiwan Into Giant Weapons Depot
Officials say Taiwan needs to become a “porcupine” with enough weapons to hold out if the Chinese military blockades and invades it, even if Washington decides to send troops.