Open AccessThe Political Instability of the Middle East and Its Impact on Oil Production and Trade
Author(s) -
Robert Mabro
Publication year - 1992
Publication title -
energy studies review
Language(s) - English
Resource type - Journals
ISSN - 0843-4379
DOI - 10.15173/esr.v4i1.259
Subject(s) - political instability , middle east , politics , oil supply , production (economics) , instability , oil production , development economics , alien , economics , political science , mechanics , petroleum engineering , macroeconomics , engineering , law , physics , citizenship
The political instability characterizing the Middle East is reviewed against a background of the region's recent history. The presence of oil and of Israel, regarded by other countries in the region as an alien implant, are seen as the special causes to particularly unstable political conditions. The impact of unsettling political events on oil supply is then explored. This reveals that the causes of political instability persevere, and so do the risks and dangers of future oil supply disruptions.
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