The price of oil affects much more than how much it costs to fill your gas tank. Among other things, it influences national budgets (and sometimes political stability) in countries dependent on oil exports, from Russia, Saudi Arabia, and Iran to Nigeria and Venezuela. This article, by a professor at the U.S. Naval War College, is a short and readable look at the economics and geopolitics of oil. warontherocks.com/2019/01/a-primer-on-the-geopolitics-of-oil
Leave a Reply.
Blog sharing news about geography, philosophy, world affairs, and outside-the-box learning
This blog also appears on Facebook: