Mwaka jana, Riyadh ilifunga ofisi yake ya mafuta New York - ishara ya kuelekea kutoweka kwa mafuta ghafi ya Saudi huko nchini Marekani.
Shukrani kwa mapinduzi ya shale na kuongezeka kwa tasnia ya mafuta ya Canada, uagizaji wa mafuta ghafi kutoka Marekani ulishuka hadi chini kabisa katika karibu miaka 40 mnamo 2024, kulingana na hesabu za Maoni ya Bloomberg kulingana na data ya forodha.
Mitiririko hiyo haitawezekana kupona hivi karibuni - ikiwa itawahi kutokea.
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For decades, one of Saudi Arabia’s most strategic overseas outposts was a little-known office in New York City that coordinated its oil sales to American clients. An anonymous suite in Madison Avenue was the invisible hand gluing the petrostate to the US.
Last year, Riyadh closed its New York oil office – a sign of the twilight of Saudi crude in America. Thanks to the shale revolution and the rise of the Canadian oil industry, US imports of Saudi crude plunged to their lowest in almost 40 years in 2024, according to Bloomberg Opinion calculations based on customs data. The flows are unlikely to recover anytime soon — if ever.
The rhetorical aspiration of generations of US politicians, from Jimmy Carter to George W Bush, is within reach: freedom from Saudi oil. For incoming President Donald Trump, it presents a white canvas to redo foreign policy in the Middle East in ways that his predecessors could only dream of. The US isn’t completely free from the ups and downs of the oil market — but the influence of Saudi Arabia via its crude reserves is significantly diminished.
https://www.moneycontrol.com/news/o...audi-oil-is-nearing-its-endgame-12910027.html
Shukrani kwa mapinduzi ya shale na kuongezeka kwa tasnia ya mafuta ya Canada, uagizaji wa mafuta ghafi kutoka Marekani ulishuka hadi chini kabisa katika karibu miaka 40 mnamo 2024, kulingana na hesabu za Maoni ya Bloomberg kulingana na data ya forodha.
Mitiririko hiyo haitawezekana kupona hivi karibuni - ikiwa itawahi kutokea.
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For decades, one of Saudi Arabia’s most strategic overseas outposts was a little-known office in New York City that coordinated its oil sales to American clients. An anonymous suite in Madison Avenue was the invisible hand gluing the petrostate to the US.
Last year, Riyadh closed its New York oil office – a sign of the twilight of Saudi crude in America. Thanks to the shale revolution and the rise of the Canadian oil industry, US imports of Saudi crude plunged to their lowest in almost 40 years in 2024, according to Bloomberg Opinion calculations based on customs data. The flows are unlikely to recover anytime soon — if ever.
The rhetorical aspiration of generations of US politicians, from Jimmy Carter to George W Bush, is within reach: freedom from Saudi oil. For incoming President Donald Trump, it presents a white canvas to redo foreign policy in the Middle East in ways that his predecessors could only dream of. The US isn’t completely free from the ups and downs of the oil market — but the influence of Saudi Arabia via its crude reserves is significantly diminished.
https://www.moneycontrol.com/news/o...audi-oil-is-nearing-its-endgame-12910027.html