2027

History
The Lawrence Livermore National Laboratory of the United States completed the development and construction of the DTX-01 nuclear fusion reactor on 14 March 2027. The reactor, however, did not meet its experimental goals. The United States government continued funding for subsequent nuclear fusion programs, however, per clauses in the Advanced Nuclear Technology Act. The sanctions on Chinese oil, instated from Executive Order 14325, is overturned by 47th US President Brooke Connell in May 2027. The decision was made to trade with nations in the Chinese Economic Cooperation Fund (CECF), which accounted for over 65% of the global oil demand.

The Chinese government overturned the clauses within CECF contracts that nullified import and oil tariffs for member nations upon the lifting of American-backed oil sanctions in May 2027. Instead, the Chinese government, along with former OPEC nations and large oil importing nations such as Nigeria, formed the Joint Petroleum Cooperative Commission (JPCC) on August 01 in order to combat American competition by being able to set and manipulate oil prices. The formation of the intergovernmental organization also allowed China to exert a greater degree of economic control over member states. Though initially a trading bloc, the JPCC eventually evolved into an intergovernmental political organization lead by China. In the same period, Amari Corporation became the richest company in history, holding a record revenue of $796 billion in 2027.

The United States government started the Pacific-Atlantic Global Partnership on August 04 in response to the formation of the Joint Petroleum Cooperative Commission. The organization was formed as a result of Executive Order 14500, signed by President Brooke Connell.