Geopolitics in Liquid Form

Summary. When people think of oil, they tend to think of what goes into their vehicles. But oil is far more than fuel; it's a geopolitical tool, a source of power, a lever in international relations. That is precisely why, even in times of transition towards greener energy, oil remains one of the most strategic commodities in the world. More recently, several events, including the capture of Venezuela's president, Nicolás Maduro, and the US-Israel war on Iran, have served as a powerful reminder of oil's enduring influence in geopolitics and the global economy.