Poging GOUD - Vrij
Trump's Love for American Oil and the Fuel of Disruption
The New Indian Express Tirunelveli
|March 06, 2025
He who cannot change the very fabric of his thought will never be able to change reality.
—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.
Dit verhaal komt uit de March 06, 2025-editie van The New Indian Express Tirunelveli.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The New Indian Express Tirunelveli
The New Indian Express Tirunelveli
WHAT TO MAKE OF BUFFETT'S 'THANK YOU' LETTER
MONEY MATTERS
2 mins
November 17, 2025
The New Indian Express Tirunelveli
V-P hails 'guardian of the public purse' on 5th Audit Diwas
VICE-President and Chairman of the Rajya Sabha, CP Radhakrishnan, on Sunday hailed the Comptroller and Auditor General of India (CAG) as the \"guardian of the public purse,\" emphasising its crucial role in safeguarding public funds and promoting good governance.
1 min
November 17, 2025
The New Indian Express Tirunelveli
Overburdened BLOs have to resolve complaints, queries
WITH booth level officers being the face of SIR to electors, they are at the receiving end of all complaints and queries from voters, besides being overburdened by the sheer magnitude of the exercise.
1 min
November 17, 2025
The New Indian Express Tirunelveli
Deadline for insuring samba paddy in 27 districts extended to Nov 30: Min
AGRICULTURE Minister MRK Panneerselvam on Sunday announced that the deadline for insuring samba/thaladi/pis-hanam paddy crop has been extended till November 30, following farmers’ requests due to rain-related delays and administrative work.
1 min
November 17, 2025
The New Indian Express Tirunelveli
‘Indians have to risk losing to be successful’
DURING his heydays in the 1980s, USA’s Freddie Spencer was at the pinnacle of Grand Prix motorcycle racing.
1 min
November 17, 2025
The New Indian Express Tirunelveli
Door-delivery of rations: Staff bear the brunt as transport cost exceeds allocation
RATION shop supervisors are frowning at the allocation of expenses by the cooperative department to distribute rations to beneficiaries under the Thayumanavar Scheme, as the allocated amount, according to them, is not sufficient to deliver the goods.
2 mins
November 17, 2025
The New Indian Express Tirunelveli
KERALA RISES IN REFORMS BUT GROUND REALITY LAGS
K ERALA'S achievement in improving the investment climate is laudable, considering it was long seen as business-unfriendly.
1 mins
November 17, 2025
The New Indian Express Tirunelveli
'GST rate cut boosted Oct vehicle loans'
CHOOLAMANDALAM Investment and Finance Company president and CFO Arul Selvan said that the NBFC’s advances in two-wheelers and passenger cars segments went up in October after the GST rationalisation in September.
2 mins
November 17, 2025
The New Indian Express Tirunelveli
'Our mission is to develop well-rounded leaders, not just skilled managers'
IIM Shillong Director-in-Charge Prof Nalini Prava Tripathy reflects on the institute’s approach to learning, outreach, and regional engagement
3 mins
November 17, 2025
The New Indian Express Tirunelveli
Delhi airport traffic in Apr-Oct falls 3.5% due to upgrade, airspace closure
GMR Airports Limited reported a 3.5% year-on-year decline in passenger traffic at its flagship Indira Gandhi International Airport (DEL) for the first seven months of the current fiscal due to year runway upgrade and airspace closure, according to a mandatory filing with the stock exchanges.
1 min
November 17, 2025
Listen
Translate
Change font size
