Following G7 and NATO meetings last week it was evident that two distinct geopolitical and ideological groups are currently competing for global economic, political, and military control.
On one side is the West (US and Europe) with Russia and China jointly on the opposite side, alignments which are similar to pre-1989 cold war alliances. Oil has become a geopolitical weapon in this new Cold War, in a way that is upsetting global energy security.
