Key Chinese Middle Eastern Hub Switches Gas Supplies To Europe

Key Chinese Middle Eastern Hub Switches Gas Supplies To Europe

OilPrice.com

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  Russia’s failure to achieve a quick military victory in Ukraine as most people thought likely at the outset of its invasion has weakened its own geopolitical position and, albeit to a lesser degree, that of its key ally, China. This is being reflected in a series of deals by key Middle Eastern countries and the Gulf Cooperation Council (GCC) nations (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates) made with an eye on winning back favour with the U.S. and Europe, and last week’s…

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