As Iran Blocks Gulf Shipping, South America Steps Up Its Oil and Gas Production
‘There is a strategic shift toward a more resilient Western Hemisphere energy bloc,’ economist Steve Hanke stated.
Kevin Stocklin
Reporter
3/25/2026|Updated: 3/25/2026
As Iran makes headlines for its attacks on oil shipments from Persian Gulf states, South America is quietly expanding its production of oil and gas, with longer-term prospects of supplanting a significant portion of oil from the Middle East.
The United States has already risen to become the leading producer of oil and gas, thanks in large part to the widespread implementation of fracking technology starting in the 1980s. But several South American nations, such as Brazil, Guyana, and Argentina, are steadily boosting their oil output in what analysts say could provide a welcome diversification for global energy markets.
“There is a strategic shift toward a more resilient Western Hemisphere energy bloc,” Steve Hanke, a Johns Hopkins University economist and adviser to countries recovering from centralized control, told The Epoch Times. “The aim is not just domestic abundance but geopolitical leverage through tighter integration of production, refining, shipping, and supply chains across the U.S., Canada, Mexico, Brazil, and Guyana, with Venezuela as a possible supplementary source.”
...
READ MORE: https://www.theepochtimes.com/business/as-iran-blocks-gulf-shipping-south-america-steps-up-its-oil-and-gas-production-6003653?ea_src=frontpage&ea_med=section-1
***
Chân thành cám ơn Quý Anh Chị ghé thăm "conbenho Nguyễn Hoài Trang Blog"
Xin được lắng nghe ý kiến chia sẻ của Quý Anh Chị trực tiếp tại Diễn Đàn Paltalk: 1Latdo Tapdoan Vietgian CSVN Phanquoc Bannuoc.
Kính Chúc Sức Khỏe Quý Anh Chị.
conbenho
Tiểu Muội quantu
Nguyễn Hoài Trang
26032026
__________________________
Cộng sản Việt Nam là TỘI ÁC
Bao che, dung dưỡng TỘI ÁC là ĐỒNG LÕA với TỘI ÁC
No comments:
Post a Comment