Since the second half of 2014，the price of oil and gas began to slump. This nose- dive benefited the main importing countries as part of the game of energy politics. However，it resulted in huge losses to the main exporting countries. There were differing responses from the exporting countries. For instance，Saudi Arabia insisted that it would not reduce production，whereas Venezuela took the opposite position. Russia furthered its confrontation with the EU and the United States，whereas Iran sought cooperation. During the past year，Ukraine still remained at the hub of the game of energy politics in Europe and this will probably be the case for the foreseeable future. In addition，some hot spots emerged in Western Asia. The ISIS problem and Yemen’s civil war will continue. Sanctions and non-sanctions between the United States and Venezuela are the main case of energy politics in the Western hemisphere. The economic situation in Venezuela became worse. Oil production increased in South Sudan，but it decreased dramatically in Libya，though both countries were engaged in civil war. The nuclear power industry experienced a further recovery. There was a breakthrough with respect to the Iran nuclearcrisis，with the key issue in the future being implementation of the agreement.