Tag: oil prices
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Strategic Petroleum Reserve: America’s Maritime Energy Security Shield
The United States maintains a vast underground network of salt caverns holding millions of barrels of crude oil. This network, known as the Strategic Petroleum Reserve (SPR), serves as America’s primary defense against oil supply disruptions. With approximately 372 million barrels stored safely underground, this system protects against maritime threats that could cut off energy…
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The US-China Trade War: Economic and Geopolitical Repercussions
The US-China Trade Conflict: Economic and Geopolitical Implications Introduction to US-China Trade Tensions The relationship between the United States and China, once marked by economic interdependence and strategic cooperation, has evolved into a complex web of tensions driven by economic, political, and geopolitical factors. The historical context of US-China trade relations reveals a trajectory of…