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Monday, June 23, 2008

Escalating Conflicts that will drive up Oil Prices

Besides Iraq, Iran & Afghanistan...there are some other conflicts/situations that will drive up oil prices:

  • Escalating Nigeria conflict between Northern & Southern parts.
  • Iran Pipeline thru' Afghanistan to India & beyond in jeopardy as the entire stretch is conflict-bound.
  • Yemen Islamic fundamentalists & Qaeda elements infiltrating Saudi Arabia.
  • Russian oil pipelines under threat from Chechen militants.
  • Turkish infiltration into oil-rich Kurdistan
  • Central Asian countries' destabilization due to Turkish ambitions and over-ambitious oil companies.
  • Kuwait oilfields under the shadow of the Shia Crescent rising in power.
  • Same applies for the smaller countries of the Mid-East

1 comment:

Anonymous said...

What about u'r pet Venezuela-China-Russia pact ?