The impact of U.S. military interventions and the Middle Eastern crisis on oil prices in the 21st century
Saved in:
| Title: | The impact of U.S. military interventions and the Middle Eastern crisis on oil prices in the 21st century |
|---|---|
| Authors: | Karasalihović-Sedlar, Daria |
| Source: | Naftaplin = Nafta i plin. 43(178-179):77-100 |
| Publisher Information: | 2023. |
| Publication Year: | 2023 |
| Subject Terms: | oil prices, Middle East, military interventions, energy security |
| Description: | The paper presents documented and known facts about the complexities of geopolitical, religious, military and economic relations in the Middle East, as well as the influence the region exerts on global oil prices, world economy and politics. The paper also focuses on the impact the U.S., as a global superpower, has had on the events in the Middle East. Seeing that the U.S. keeps expanding its military and diplomatic presence in the region, it can easily be concluded that it is going to keep influencing the future of the region a great deal. The sources referenced in the paper all point to the fact that oil and gas will remain the leading fuel sources in the world in the coming years despite energy transition trends. Hence, the Middle East, along with other regions with huge hydrocarbon reserves like Russia, as a region containing the world's biggest oil and gas reserves, will remain the epicenter of the global military and geopolitical events. |
| Document Type: | Article |
| ISSN: | 1330-2434 |
| Access URL: | https://www.hunig.hr/wp-content/uploads/2023/12/Nafta-i-plin-178-179-za-web_compressed.pdf |
| Accession Number: | edsair.dris...01492..afea4f1b250d9224c410f7a5e73b78b1 |
| Database: | OpenAIRE |
Nájsť tento článok vo Web of Science | Abstract: | The paper presents documented and known facts about the complexities of geopolitical, religious, military and economic relations in the Middle East, as well as the influence the region exerts on global oil prices, world economy and politics. The paper also focuses on the impact the U.S., as a global superpower, has had on the events in the Middle East. Seeing that the U.S. keeps expanding its military and diplomatic presence in the region, it can easily be concluded that it is going to keep influencing the future of the region a great deal. The sources referenced in the paper all point to the fact that oil and gas will remain the leading fuel sources in the world in the coming years despite energy transition trends. Hence, the Middle East, along with other regions with huge hydrocarbon reserves like Russia, as a region containing the world's biggest oil and gas reserves, will remain the epicenter of the global military and geopolitical events. |
|---|---|
| ISSN: | 13302434 |