A simple maritime accident whether in the Suez Canal, or the Gulf of Aden or in the Strait of Hormuz will undoubtedly increase the price of oil in the international market.
Note: To put it simply, Saudi Arabia would no longer be able to keep the price of oil low somewhere in the near future.
M. Sirani 01.03.2015
There are a few lengthy academic essays in this blog. Among them A- The Structure of Power in the Islamic Republic of Iran (Published on TERRORISM RESEARCH & ANALYSIS CONSORTIUM WEBSITE (TRAC), B- Iran Should not Get the Nuclear Bomb (Criticizes K. Waltz's Defensive Realism and Touches FP of Iran in the ME) & C- IRGC could be mentioned (NMBU-2008-2013).The rest are short impromptu analyses and predictive forecasts without any editing. All Rights Reserved.
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