US confident of ‘fundamental shift’ in oil politics

FINANCIAL TIMES 🔒| The US energy secretary says Washington’s success in pushing Russia and Saudi Arabia to end their oil price war marks a “fundamental shift” in global oil politics, which has been made possible by its own self-sufficiency. Dan Brouillette told the Financial Times in an interview that the shale energy revolution had “dramatically” elevated the US’s negotiating power compared to its position in dealing with previous global crises.

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