The Impact of Global Energy Diplomacy on Crude Oil Price Volatility and the Reshaping of the Global Economic System: An Econometric Study Using a VAR Model
DOI:
https://doi.org/10.47134/jred.v3i3.1175Keywords:
Diplomacy Global energy, Prices Oil, fluctuations Price, order Economic, Global, model VARAbstract
The research aims to explain the relationship dynamics between diplomacy Energy Global and fluctuations Prices oil raw and its implications on reformation order Economic Global during The period 2011–2024 using model decline Self vector VAR. It depends Search on analysis standard For interaction group from Variables include Prices oil and indicators Diplomacy energy The result Local Total in five countries she France and the Kingdom United Turkey and the Emirates Arabic United South Africa . And it seeks the study to a test bezel response This is amazing economies For shocks oil and role Policies energy in mitigation sharpness Fluctuations . As well Assumes that there Relationships causality mutual between Variables place the study They differ Different Structure Economic per a state . It indicates Results Expected to presence effects not identical For shocks Prices oil on countries Imported and the source For energy with Prominence role growing diplomacy Energy in administration This is amazing Shocks and get rid of them. the study to that diplomacy Energy I became tool strategy to return formation balances Economic Global in shadow Transformations Geopolitics . As well. Recommend the study Necessity Strengthening tools Analysis Standard in to understand markets Energy Global and development Policies energy more flexibility to confront traumas Future In what Contributes in stability Economy Global and reduce antiquities Fluctuations Prices oil on economies The different ones . As well Confirms Search importance integration between Analysis Economic and the politician To understand Dynamics Energy Global and role countries the Great and the emerging in re formation order Economic International during Contracts Coming soon . With Highlight effect Transformations in market oil on Relations Economic International . In a way . Reflects Changes Structure Global Continuous today.
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