मैगज़्टर गोल्ड के साथ असीमित हो जाओ

मैगज़्टर गोल्ड के साथ असीमित हो जाओ

9,500 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ

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कोशिश गोल्ड - मुक्त

Trump's Love for American Oil and the Fuel of Disruption

The New Indian Express Hyderabad

|

March 06, 2025

He who cannot change the very fabric of his thought will never be able to change reality.

- RANJAN TANDON

—Anwar Sadat, Former President of Egypt and Nobel Peace Prize winner

Energy is back on center stage as Republicans trump the race to the White House. To re-assert America's dominance on the oil frontier, the president has tacitly challenged OPEC's prerogative as he seeks to ramp up production. Oil has orchestrated political symphonies for a very long time and still does.

The oil embargo of 1973 made the US privy to their energy vulnerability due to reliance on imported oil. The need to break up OPEC or neutralize its clout over oil markets was an 'option' way back in January 1974 when James Schlesinger, US Secretary of Defence, conveyed hints of 'military intervention as a last resort'. A year later, in January 1975, in a press interview, Henry Kissinger, Secretary of State under President Gerald Ford, repeated the hint at 'using force' to disrupt 'order' in the Persian Gulf. Arab leaders threatened to blow up the oil fields in such an eventuality. Fortunately, neither of the delinquencies occurred.

The New Indian Express Hyderabad

यह कहानी The New Indian Express Hyderabad के March 06, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 9,500 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

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K-point in India, Canada NSA talks

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