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Oil and politics: Who will take over from the US in the Middle East?

Posted on 31 October 2013

There is little doubt that politics as we knew it in the Middle East is changing right before our very eyes and with that shift in politics will unavoidably come a change in the policies of oil, as the two go hand in hand in the region where the Arab countries have learned since the October 1973 Arab-Israeli War that oil can be a very powerful weapon.
First among the major changes to occur in recent weeks has been the icing of relations between Saudi Arabia and the United States, two countries who for the longest time were the closest of friends in the Middle East, except perhaps for the relation that the US had with Israel……………………………….Full Article: Source


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VRS - who has written 39856 posts on Opalesque Commodities Briefing.


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