OIL, GAS AND CHEMICALS
The world economy has developed because of oil for more than a hundred years. This is responsible for approximately 2.5% of world GDP and symbolizes one third of humanity's primary energy supply.
Much of the economic interests revolve around this energy and consequently it can be seen how its fluctuation in the price of a barrel of crude oil is a determining factor in the financial and political power of the great powers and producing countries. Imagining what would happen if the reserves of this energy were suddenly reduced, can lead to thinking of a decline in both production chains and a general increase in production costs, which would mean a stagnation of the global economy in the short term and medium term.