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The War in Ukraine Disrupts Trade in Both Food and Fuel

Cars That Think

Before the war, Russia exported about 55 percent of its fossil-fuel output, mostly to the European Union. But Russian exports go far beyond fossil fuels; there is also food. This article appears in the September 2022 print issue as “Fuel, Food, and War.”. share in 2020, by contrast, was about 9 percent.

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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. This increase in output occurs with the context of a narrow global demand opportunity.