The international energy market - reality and repercussions in light of international changes

Abstract

The international energy market occupies great importance at the international level in general and in international economic relations in particular, due to its sources represented by conventional energy (oil, gas, coal, nuclear energy) and unconventional energy (heavy oil, shale oil, unconventional gas ... etc.) and renewable energy (solar, wind, ocean, geothermal, biomass), as these sources are a major tributary to many industries, in addition to their use in operating factories and generating electricity, so we note that many industrialized countries have increased their demand for these sources in light of the international crises, on the one hand, and on the other hand, the repercussions of the Corona pandemic had significant economic repercussions that affected all countries of the world and imposed strict measures such as closure, social distancing and quarantine, and this revealed the ineffectiveness of global health systems in the face of this pandemic