The Geopolitics of how Oil has Shaped the Global Relation

The Geopolitics of how Oil has Shaped the Global Relation

Oil has served as a strong force in global relations for more than a century. The establishment of the United States as a superpower was triggered by the country’s move into the field of significant oil producers .

Oil still continues to be a strong force in shaping global relations, and producers exercise a significant amount of global energy market influence

.The geopolitics of oil vary greatly across the globe. In the Middle East, oil has played a vital role in shaping regional politics and relations.

The oil-producing countries of the region, such as Saudi Arabia and Iran, have employed their resources to shape surrounding countries and set regional politics.But the world economy’s dependence on Arab nations for oil supplies is a serious risk.

A sudden cut in these supplies would have serious implications for the world economy. The oil price would go through the roof, causing transport, manufacturing, and other sectors that depend on oil to pay more.In the near term, nations would not have alternative sources of oil.

The world economy would suffer major drawbacks, such as recession, inflation, and extensive unemployment. Nations could diversify their oil supplies in the long term by adopting other oil countries, like the nations of Africa, Latin America, and Southeast Asia.

Other countries with the current reserves of oil can increase local production in order to alleviate dependence on the Arab nations. Other nations also can speed investments in alternative power sources, i.e., sun, wind, and nuclear power.

Energy-conserving measures and consumption reduction will also assist in lessening the effects of curtailed supplies of oil.In summary, the geopolitics of oil played a crucial role in determining the world’s interactions for more than a century.

The global economy’s reliance on Arab countries for oil supplies poses significant risks. Countries must develop contingency plans, diversify their energy sources, and invest in alternative energy to reduce their reliance on Arab countries.

By doing so, they can mitigate the risks associated with a disruption to global oil supplies and ensure a more sustainable and secure energy future

.Amna Habib.Karachi .

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