China has already started making alliances with oil manufacturers irrespective of their democratic or human-rights records. This is already a source of friction with America, the prevailing superpower. With nearly 65 percent of the Middle Eastern oil exports already garnered by Asia, the United States is confronted with unprecedented challenges. While this delicate balance of power is something that will worry America, Russia can see this as an opportunity to stamp their authority in the energy market. This uncertain international political situation can only benefit Russia. Hence, in the final analysis, Russia, along with China is set to play a bigger role in the global energy markets of the future (The Economist (US), 2006).
Works Cited:
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