Pivot to Palestine never less relevant

Tuesday 14 October 2025

As the base falls away, the structure rises ever higher. This is the pivot to Palestine in geopolitical terms.

The Palestinian conflict has never been less relevant to everybody on earth.

The great oil wars of the post-1970s period are over. The rise of US shale and non-OPEC oil has destroyed the geopolitical importance of the Levant.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.