EnergySecurity Archives - Universal Group Of Institutions
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30Nov 2024

OPEC+: Balancing Global Oil Supply and Market Stability

Why in the news? Crude oil prices steadied after a rise in U.S. gasoline stockpiles and the postponement of an OPEC+ meeting, highlighting the alliance’s critical role in stabilizing global energy markets and influencing international economic trends. Overview of OPEC and OPEC+ : OPEC+ is a coalition of 22 oil-exporting countries formed in 2016 to …

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05Oct 2024

India and US Enhance Critical Mineral Supply Chains

Why in the news? India and the US signed an agreement to strengthen critical mineral supply chains amid concerns over China’s control and recent export restrictions affecting cleantech industries. Agreement Details: Context: Amid rising concerns over China’s control of critical minerals, particularly in clean tech, India and the US signed an agreement to enhance the …

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