International Security

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from International Security

Is There an Oil Weapon? Security Implications of Changes in the Structure of the International Oil Market

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Summary

States have long worried that their dependence on oil gives producers a means of coercion. The oil market, however, is far larger and more integrated than it used to be. The potential for coercion differs across a series of distinct market segments. In this varied market, the United States remains the dominant force.

Recommended citation

Hughes, Llewelyn and Austin Long. “Is There an Oil Weapon? Security Implications of Changes in the Structure of the International Oil Market.” Winter 2014/15

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