Oil and Energy Politics

What’s inside

• What is OPEC's primary political and economic function in global oil markets?
• The Strait of Hormuz is strategically important because a large share of globally traded oil passes through it.
• Which development most directly strengthens an oil-importing country's energy security?
• A resource curse can occur when abundant oil revenues contribute to corruption, weak institutions, or political…
• Why can oil sanctions be politically difficult to impose on a major producer?
• National oil companies are controlled or substantially owned by states and often serve both commercial and strategic…
• What is the main geopolitical significance of liquefied natural gas (LNG)?
• Oil pipelines are purely economic infrastructure and have no relevance to national security or foreign policy.