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Is there an oil weapon?: Security implications of changes in the structure of the international oil market

Hughes, Llewelyn; Long, Austin


What is the relationship between oil and coercion? For decades states have worried that their dependence on oil gives producers a potential lever of coercion. The size, integration, and sophistication of the current oil market, however, are thought to have greatly attenuated, if not eliminated, the coercive potential of oil. The best way to analyze the current global oil market is by viewing it as a series of distinct market segments, from upstream production to midstream transport to...[Show more]

CollectionsANU Research Publications
Date published: 2015-02-18
Type: Journal article
Source: International Security
DOI: 10.1162/ISEC_a_00188


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