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The War in Ukraine Disrupts Trade in Both Food and Fuel

Cars That Think

The EU bought about 85 percent of the natural gas that Russia shipped out (via pipelines from Western Siberia) and nearly 55 percent of the crude oil and refined oil products that Russia exported (via pipelines and tankers). This is because Russia has changed from a proverbial agricultural basket case to a food basket.

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. The Saudis obviously miscalculated the degree to which their shift would negatively impact oil prices.

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Syrian oil ministry announces oil shale tender

Green Car Congress

A more vigorous investigation on oil shale began in 1980, but was stopped in 1985 due to the decrease in oil prices. Syria is the only significant crude oil producing country in the Eastern Mediterranean region (including Jordan, Lebanon, Israel, the West Bank, and Gaza), according to the US Energy Information Administration (EIA).

Oil 278
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Israel carves playground as automobile era powerhouse

Baua Electric

Even if it has made ease with some, it nonetheless faces blackmails from Gaza, Lebanon, Syria and Iran. Barel recollects his third-grade daughter coming house from college with a bunch project to develop a shopper product. All the way through a lot of its historical past, antagonistic neighbors have surrounded Israel.