Critics of the nuclear deal with Iran have good reasons to be skeptical, but blocking the deal would make the United States and its allies less secure.
Articles on Oil
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Due to their histories, US companies won’t be at the front of the queue when it comes to doing business in Iran, but many can’t ignore the oil or other markets.
Opponents of the Iran nuclear deal say it raises the nuclear weapons threat in the region. But Middle East tensions are actually likely to ease as Iran grows richer without being shackled by sanctions.
On the face of it, Iraq and the US Federal Reserve share little. One is a country plagued by division, war and mayhem since the US invasion of 2003. It is a brutal world where there are no friends, few…
What to make of the announcement that we’ll be off the hydrocarbons in time for the 22nd century? Dream on.
Deception is the premier tourist destination in the Antarctic. It’s also the volcano that scientists are still not sure why it’s there.
Norway’s petroleum sector is its most important industry. The petroleum sector accounts for 21.5% of its GDP, and almost half (48.9%) of total exports. In 2013 Norway was ranked the 15th-largest oil producer…
In his first royal decree, Saudi Arabia’s newly crowned King Salman announced two-month bonuses for state employees, pensioners, students, and recipients of social service programs (that is, everyone in…
Most broadcasters – especially those who work at the BBC – must produce their programmes to conform to strict guidelines. They must be within five seconds of the required length, they must comply with…
What on earth is going on in the oil market? Does the recent 60% collapse in oil prices in six months really reflect shifts in underlying supply and demand for crude oil? I’m afraid not, as I have been…
One reason for this highway infrastructure funding issue is that the gasoline and diesel taxes have not been increased since 1993 – 22 years ago. ➕ Includes video 🎥
Predicting oil price movements is as risky as exploring for oil itself. The average price for crude fell 10.3% from the start of 2014 to the date of the Scottish independence referendum on September 18…
The Obama administration announced the intention to restore diplomatic relations with Cuba the same week that Congress approved sanctions against Venezuela for human rights violations. The timing was coincidental…
Oil prices have now almost halved in six months to below $60/barrel thanks to OPEC’s refusal to cut production. This means all the member countries are revising their government spending policies. While…
This week we have witnessed a plunge in the price of oil and the astonishing demise of the ruble. These events provide the basis for a great series of conspiracy theories, the type that readily find an…
Not too long ago, cynics were wondering if David Cameron’s fears over the global economy were a ploy to shift blame for any flaws in the UK’s performance as we near the May 2015 general election. However…
The European Union might just have made a historically important statement of intent, aimed at laying the foundations to boost investment in the EU as a driver of full recovery and long-term growth. That’s…
A common topic of discussion in Iran is oil and the mixed blessing it represents. The country’s recent history has been intertwined with that of international oil politics since 1908, when William Knox…
The dramatic and unexpected 20% fall in oil prices since mid-June has caused alarm in Scotland, the UK and indeed worldwide. Why did oil prices slump to a four-year low of US$84 (£52) per barrel this week…
The difference between the seething realm of Islamic State (IS) and the relatively safe and democratic region of Iraqi Kurdistan is a stark one. Assuming that the combined humanitarian and military reinforcements…
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Lecturer in International Studies, University of Washington
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