China Crude Oil Future

Geo-energy Meets Geopolitics: China’s New Crude Oil Future

In September, China announced its plans to launch an RMB-dominated crude oil futures contract that will be also convertible to gold. The move allows Beijing to extend RMB’s reach in global energy markets, increase RMB-denominated transactions, and subsequently reduce dollar’s dominance as one of the world’s leading reserve currencies. However slow the process, the energy…

US strategic interests Central Asia

The Absence of American Diplomacy in Central Asia

Foreign Policy Concepts Editorial U.S strategic interests in Central Asia started to take shape under President Bill Clinton. America started to build diplomatic presence in then newly independent states of Central Asia. Washington established relations with the region’s young states and helped them with strengthening their governance. It offered them security assistance and helped them…

China’s National Security Interests in Russian Mega Gas Deal

by Reza Akhlaghi China’s mega gas deal with Russia last March underlined, among other things, the country’s confidence in its future economic growth and the significance of diversifying its energy resources to ensure the growth remains uninterrupted. The country’s gradual move toward building a domestic-driven growth economy is another contributing factor in Beijing’s efforts to…