Summer witnessed a sharp escalation in the Russia-Europe confrontation, amidst continued partial closure of Hormuz and major extreme weather events. Oil and gas prices are high, and the price and supply outlooks for Europe this winter are very challenging for oil products, LNG and possibly, electricity markets which see growing contamination from the Hormuz crisis and growing risks of disbalances. Moreover, the phase-out of Russian gas supplies comes with renewed risks.

The 24th edition of the Ifri Americas Programme Annual Conference will examine the dynamics at play in the United States and their implications for Europe and the transatlantic relationship. will examine the dynamics at play in the United States and their implications for Europe and the transatlantic relationship.

The international trading system has become a primary theatre of geopolitical competition. Tariffs, sanctions, and technology controls have replaced dialogue as the default instruments of economic relations.