Did you know
Taiwan imports 60% of its oil from the United States? In 2024 it was 30%
Shifting away from the Middle East…is this just one among many as the Middle East continues to be unstable?
Other parts of the world such as Europe is buying more American energy (turnberry agreement just got signed!)
…even China…China! Is buying 60,000 barrels per day…
The US through fracking has become the world’s largest oil exporter. Combine that with what it has secured from Venezuela…and making a deal with Alberta…AND the UAE leaving opec…
Will more countries continue to turn to the United States potential new oil “cartel” as the geopolitical tectonic plates continue to shift?
Taiwan thinks so!
What does that do to geopolitical shifts? Will the US even need Saudi Arabia anymore for the petrodollar?
What would that do to the Middle East that is like Europe..without a capable standing army?
Stay tuned…