Oil and Unrest
What are the implications of the political unrest in the Middle East and North Africa on the global oil market?
What are the implications of the political unrest in the Middle East and North Africa on the global oil market?
As the Arab world reinvents itself in real time, the rest of the world must begin to understand the region as something more than a source for oil and a market for armaments and consumer goods.
There are more than Western interests at play in Egypt. The other catalysts for the unrest are a combination of Iranian adventures, hypocritical policies of West Asian regimes and resurgent commodity speculation in western markets, triggering a rise in prices of basic items in emerging markets
The leaders of Turkey and Brazil recently voted against sanctioning Iran, concluding that Iran's leaders do not intend to violate their most important Nuclear Non-Proliferation Treaty obligation. India, as a member of NAM, should also concede.