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Features

The US is caught in the crossfire of the oil wars

America is caught in the crossfire

14 March 2020

9:00 AM

14 March 2020

9:00 AM

When America used a drone to take out an Iranian general a few weeks ago, it triggered a standoff between the two countries that barely moved oil prices. America was seen to have passed the first test of what Donald Trump hailed as ‘energy independence’. The US oil industry has surged over the past five years, making it the world’s biggest oil producer, and now a net exporter.

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