Trump’s renewables crackdown hurts US national security, Biden official warns
Wally Adeyemo supports imposing sanctions on buyers of Russian oil, but said more diversified energy at home will give the US a stronger geopolitical advantage.
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The surge in long-term liquefied natural gas contracts from China is sustaining regional production and prolonging fossil fuel dependency
China’s dependence on the energy supplies that move through the Strait of Hormuz makes it especially vulnerable to any possible closure of the waterway by Iran in retaliation for attacks by Israel and the United States.
Some producers were already renegotiating contracts due to rising costs. Then came âLiberation Day.â
Earlier this month, China convened its “two sessions”—the annual concurrent meetings of the National People’s Congress (NPC), China’s legislature, and the Chinese People’s Political Consultative Congress, a political advisor body.
China has halted imports of liquefied natural gas from the U.S. as the global trade war intensifies.