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Tag: Geopolitics of oil

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Why Does Everyone Want Oil? A Comprehensive Guide to Its Global Importance

4 min read
In 2024, the United States alone consumed an estimated 19 million barrels of oil per day, representing nearly one-fifth of the global total. This astonishing figure reveals that our dependence on oil goes far beyond just powering cars, impacting countless aspects of modern life, industrial production, and international relations.