Poor nations derailed the last WTO deal. Now economic turmoil means the rich countries could kill it off for the foreseeable future
With America reeling from the worst financial crisis for half a century, poor consumers struggling to afford food, and China’s appetite for raw materials forcing up the cost of oil, now may not seem [...]

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The word “petrostate” typically conjures up images of Middle Eastern sheiks with fantastically wealthy lifestyles ruling politically repressive, oil-rich desert regions. Few realize that Russia actually leads the world in the production and export of natural gas and trails only Saudi Arabia in the production and export of oil. Even fewer know that Russia has [...]

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Since the late 1990s, there has been a flood of research on natural resources and civil war. This article reviews 14 recent cross-national econometric studies, and many qualitative studies, that cast light on the relationship between natural resources and civil war. It suggests that collectively they imply four underlying regularities: first, oil increases the likelihood [...]

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The number of oil-producer-based conflicts is likely to grow in the future as stratospheric prices of crude oil push more countries in the developing world to produce oil and gas. In 2001, the Bush administration’s energy task force hailed the emergence of new producers as a chance for the United States to diversify the sources [...]

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