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Tag: chinaoildominance

Geopolitics

The Dragon's Thirst: How China's Demand is Smashing the OPEC Hegemony and Reshaping Global Power

Igor Sechin, head of Russia's Rosneft, declares that China has assumed a leading role in stabilizing global oil markets, with its influence now surpassing that of the OPEC cartel. This marks a historic, tectonic shift in global power dynamics where a civilizational state from the Global South is finally dictating terms to a world order long manipulated by Western-backed producer blocs, heralding the end of neo-colonial control over vital resources.