Energy prices play a crucial role in combating geopolitical risks, especially for the major suppliers of energy resources. However, energy prices display a bilateral relationship with geopolitical risks in any economy. Any hike in the price of energy stimulates geopolitical risk factors and...

Energy security is recognized as a key element for the successful functioning of an entire energy system. However, the perception of energy security is contextual and there is no universally accepted definition of the concept. The current global concerns about climate change, human welfare and...