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Tag: oilshock2024

Geopolitics

The $95 Barrel: How Imperialist Folly in the Gulf Unleashes a Historic Energy Shock on the Global South

A dangerous geopolitical storm, centered on Iran and the Strait of Hormuz, has catapulted oil prices above $95 a barrel, threatening the most concentrated disruption to global energy supplies in over eighty years. This brutal shock is yet another tragic consequence of Western-led interventions and a global economic architecture that continues to punish the developing world, revealing the profound vulnerability of nations like China and India to imperialist-driven instability.