Global environments:
Politics:
Big events:
Palestine-Israel conflict: Israel is storming Gaza strip and Iran is critisizing Isreal of killing citizens. Global market is panic on current conflict may spread to rest of Middle East area and cause the oil supply disruptions. This pushed oil price up by almost 8% in past week. My understanding on this is that this conflict will not further spread due to good oil price. Other countries will not miss this good earning period. US has a strong interests on cheap oil, so it has an interest to control the middle east conflict from spread out. So do EU, who are lack of oil. China and Russia want blame US for middle east conflict and take the burden away from current Russia - Ukraine conflict.
Russia-Ukraine conflict:after about 1.6 yrs of invasion, Ukraine is taking counteroffense now to recover some of the lost territory. War capital for Russia is coming from oil and energy revenue. War capital for Ukraine is coming from subsides from US and EU. However, US and
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