New Iran Nuclear Deal May Lead To Quick Increase In Oil Production

Of all the geopolitical scenarios perennially judged most likely by the world’s governments to escalate into global nuclear war between the superpowers, a military conflict between the Arab states of the Middle East and Israel has always been at or near the very top of the list. For a long time, the threat of such conflict was held in check by the U.S.’s longstanding deep relations with several of the Middle East’s major Arab states, most notably Saudi Arabia, as analysed in full in my new book on the new global oil market…