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Nempy
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NempySpecialist
Asked: 6 months ago2022-08-17T12:53:01+03:00 2022-08-17T12:53:01+03:00In: Economy

How has energy influence the foreign policy of big powers?

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Many big powers or superpowers have energy resources, how does that influence their foreign policy.

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    1. Kelvin Onyango Speaker leader | doctor | teacher
      2022-08-17T14:25:14+03:00Added an answer about 6 months ago

      Poor or marginalized societies are more likely to suffer negative consequences of energy decisions because they have a reduced capacity for adaptation and they may lack negotiating power compared to wealthier societies.

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    2. Kelvin Onyango Speaker leader | doctor | teacher
      2022-08-17T14:30:02+03:00Added an answer about 6 months ago

      Energy factors into several examples of the contemporary struggle over geopolitical spheres of influence. One very timely example is Venezuela. Over the past 15 years of Venezuela’s political, economic, and social decline, China and Russia have come to own much of its oil resources and debt. Once one of the world’s largest oil producers and ally of the United States, Venezuela is widely considered a criminal state and is the source of the biggest migration crisis in the history of the hemisphere.

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