Iraq, Saudi Arabia and Oil: Risk Factors
As two oil-rich states and significant members of OPEC, Iraq is in the grip of a devastating conflict and Saudi Arabia is confronted with a serious legitimacy crisis. They both face much uncertainty over the next few years, although from different sources and in different degrees. The world has been able to cope with Iraq being an erratic oil producer since 1991, with its production at times falling to negligible amounts. Saudi Arabia, however, has been towards the other end of the spectrum...[Show more]
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|Source:||Australian Journal of International Affairs|
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