ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Petroleum and Energy Policy in Iran

Iran, a major oil producing and exporting country, also imports gasoline because of inadequate refining capacity and rising petrol consumption. This article examines the problems faced by an economy dependent on the export of crude oil and gas, that are compounded by the dilemmas of rising domestic consumption, a significant decline in productive capacity, burdensome energy subsidies and economic sanctions imposed by the United States.

Global Oil and Unviability of Pax Americana

Americana Cyrus Bina To see the drive for control over oil as the real reason for US intervention in the Persian Gulf is to ignore the transformation of the global economy and global polity in the last two decades at the expense of Pax Americana.

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