MSc of Supply Chain, JSOM School of Management, University of Texas at Dallas (UDT), USA
Abstract
The global economic landscape is constantly changing and has cast a shadow over the global economy. Just this year (2024), presidential elections, military conflicts, and escalation of tensions have made understanding geopolitical risks especially important for forex traders. Supply chain dynamics refers to various factors and interactions that affect the supply of goods, services, information and financial affairs in a supply chain network. Factors that can affect supply chain dynamics include: changes in consumer demand, market trends, developments technological, regulatory requirements, economic conditions, geopolitical events and disruptions such as natural disasters or pandemics, understanding supply chain dynamics for organizations to effectively manage supply chains, optimize operations, reduce Risks and adaptation to changing market conditions are very important. Both of these conflicts could potentially disrupt the global supply of oil and gas in 2024, and hence geopolitical and supply chain issues are the hot topics of 2024 in the energy field. According to Global Data, a leading data and analytics company, it is important for the oil and gas industry to assess the impact of these issues as they chart their growth plans. Global Data’s thematic report, entitled Top 20 oil and gas issues in 2024, includes challenges that can have a significant impact on oil and gas production and supply operations in 2024. Concerns related to the security of energy supply are expected to be the main challenge for the oil and gas business in 2024.
Hanif,R . (2024). Geopolitical implications of oil supply chain disruptions. Eurasian Journal of Chemical, Medicinal and Petroleum Research, 3(5), 55-74.
MLA
Hanif,R . "Geopolitical implications of oil supply chain disruptions", Eurasian Journal of Chemical, Medicinal and Petroleum Research, 3, 5, 2024, 55-74.
HARVARD
Hanif R. (2024). 'Geopolitical implications of oil supply chain disruptions', Eurasian Journal of Chemical, Medicinal and Petroleum Research, 3(5), pp. 55-74.
CHICAGO
R Hanif, "Geopolitical implications of oil supply chain disruptions," Eurasian Journal of Chemical, Medicinal and Petroleum Research, 3 5 (2024): 55-74,
VANCOUVER
Hanif R. Geopolitical implications of oil supply chain disruptions. Eurasian J. Chem. Med. Pet. Res.. 2024;3(5):55-74.