Since wars in oil-producing countries may affect the price of, and access to, oil, the so-called conspiracy theorists may be correct that the presence of oil may be a weighty factor in favour of intervention.
Tag: Oil industry
East Africa has become the latest hotspot for oil-and-gas discoveries, but the reserves are located in countries characterized by weak state institutions and social unrest. A number of African countries – several of them with significant Norwegian assistance – are on the threshold of becoming major producers of oil and gas. Does this mean that… Read more »