Trump’s renewed push for aggressive oil drilling is shaking up global energy markets, with falling crude prices threatening Africa’s top oil producers while offering relief to its energy importers.
His words are already becoming a reality: Olu Verheijen, special adviser to Nigeria’s president on energy, pointed out that the US has witnessed a stark shift in energy policy following Trump’s return. “The renewed emphasis on fossil fuels – particularly oil and natural gas – has altered investment flows, with drilling activity increasing in Texas and Alaska,” she said.
So what pains and gains are expected for African oil producers and importers?
His words are already becoming a reality: Olu Verheijen, special adviser to Nigeria’s president on energy, pointed out that the US has witnessed a stark shift in energy policy following Trump’s return. “The renewed emphasis on fossil fuels – particularly oil and natural gas – has altered investment flows, with drilling activity increasing in Texas and Alaska,” she said.
So what pains and gains are expected for African oil producers and importers?
Trump’s renewed push for aggressive oil drilling is shaking up global energy markets, with falling crude prices threatening Africa’s top oil producers while offering relief to its energy importers.
His words are already becoming a reality: Olu Verheijen, special adviser to Nigeria’s president on energy, pointed out that the US has witnessed a stark shift in energy policy following Trump’s return. “The renewed emphasis on fossil fuels – particularly oil and natural gas – has altered investment flows, with drilling activity increasing in Texas and Alaska,” she said.
So what pains and gains are expected for African oil producers and importers?
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