#oil-revenue-diversion

#oil-revenue-diversion

"Fresh food and perishables are almost like the canary in the coal mine," when energy prices go up, according to Vidya Mani, an associate professor at the University of Virginia's Darden School of Business.

"A more decentralized energy system, with a growing share of renewables and more market players, is structurally more resilient. Countries that invested in the energy transition are weathering this crisis with less economic damage, as they boost energy security, resilience and competitiveness."

The share of U.S. economic activity has increased in service industries that demand less energy, while sectors requiring large-scale energy resources have become more efficient.

Australia's economic insulation is no longer guaranteed by geography, as geopolitical unrest in the Middle East can swiftly impact its economy through international energy markets.

"Private investors have seized on gold's price drop. Gold's sudden retreat has given buyers the chance to reset the clock back before January's historic price spike."

At the start of this year, Pakistan had more imported liquefied natural gas (LNG) than it could use, with demand falling from a peak of 8.2 million tonnes in 2021 to 6.1 million tonnes by late 2025. The government sold excess gas shipments to other countries and shut down domestic gas wells to prevent pipelines from bursting under oversupply.

Some businesses and countries have tested the four-day model, with many reporting productivity actually increased as a result, while burnout and turnover rates plunged.

The analysis of energy imports reveals significant variations in the percentage sourced from the Middle East across different regions, indicating a complex global energy landscape.

The longer this conflict goes on, the more devastating its impact will be on the world's energy supplies, inflation and economic stability. Every extra week of disruption raises costs for consumers and businesses while growth slows.