標題:How high could the oil price go?
Geopolitical risk is rising. But so is the supply of oil
正文:All around the world consumers, motorists and politicians are nervously eyeing the oil price. The conflict between Israel and Hamas that began a year ago is spreading. If all-out war erupts between Israel and Iran, the threat to the
Middle East, a region that produces a third of the world’s crude, is as obvious as it is scary. Few commodities affect the global economy as much as oil does. And, as America’s presidential candidates are keenly aware, few are as likely to sway an election. The past two years of inflation have shown just how much voters hate sticker shock.
知識點:geopolitical adj.
Geopolitical means relating to or concerned with geopolitics. 地緣政治學的
Early resolution of geopolitical issues would be beneficial. 盡早解決地緣政治學議題是有益的。
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