Trends and prospects for the development of the global energy market: forecast for 2025

   The fundamental changes of the current time have accelerated the evolution of development, and the world has entered a new period of upheaval and change. When forecasting the development of the global energy market, we should consider important transformations in trends in economic globalisation, international structure, global governance, political polarisation, reconstruction of production chains, and in the economies of the United States of America, European Union, Russian Federation, Asia-Pacific region, and Middle East countries. In the current era, energy is an important pillar of the global economic development. The integration of artificial intelligence in all directions, digital transformations of industries, geopolitical conflicts, and global climate changes can be attributed to the factors influencing the trends and prospects for the development of the global energy market.

   The purposes of the study are to identify and substantiate the main trends and prospects for the development of the global energy market in 2025.

   The research topic on these trends and prospects is extremely relevant in the context of the global economic crisis, political transformations, and environmental problems caused by global climate changes. The study analyses current trends in the development of the global energy market, which have allowed us to argue the relevance of the topic, considering the consequences of the geopolitical conflict in 2022 that has caused global changes in the energy sector due to restrictions on global energy supplies.

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