ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Theatres of Oil Wars

The world oil market has long been at the mercy of the cartel led by Saudi Arabia, in connivance with the US. It will be rendered extremely vulnerable in the event of a worsening of the Iraq situation that engulfs the entire region. The oil market is overdue for structural reform, and Arabia needs moderation and stability in oil prices.

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