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1 |
ID:
173538
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Summary/Abstract |
Oil became a precious commodity in the twentieth century and could well be called the primary power that fueled the rapid pace of industrialisation and modernisation in the North.
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2 |
ID:
173530
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Summary/Abstract |
The oil diplomacy is inherent in the nature of oil as a strategic resource and unequal distribution across the world. The versatile nature of oil products make them indispensible for transportation and economic development. During the First World War the use of oil in tanks and fighter plans proved its strategic value of great significance as it can turn around the fate of nations.
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3 |
ID:
173532
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Summary/Abstract |
‘Oil’ has been remained as a popular buzzword across globe even since August 1859, when the drilling of first well was done in Pennsylvania, pioneered by George Bissel and Edwin L. Drake. The panoramic record of oil always reflected that it has always been encircled by struggle for possessions and power. This thrust for possession had lead to many wars including Gulf wars.
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4 |
ID:
173536
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Summary/Abstract |
Access to energy resources is a vital component in the political and economic progress of nation states. Along with the exploitation of resources comes the equally crucial need for facilitating their safe transit – before eventually reaching the consumer/end user.
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5 |
ID:
173526
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Summary/Abstract |
An effort has been made in this article to analyze and discuss issues concerning India’s oil scenario - potentialities, spurt in oil demand, major global suppliers of oil and examine whether Russia can emerge as India’s geo-strategic partner.
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6 |
ID:
173531
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Summary/Abstract |
India and Iran share a long-term economic complementarity that has formed the basis of close bilateral ties. India’s large and growing energy demand and Iran’s pool of energy resources make the two nations natural economic partners. India’s search for energy security in a rather volatile energy market makes Iran, with the world's fourth-largest reserve of oil and second-largest reserves of natural gas, highly attractive. Iran needs substantial investments in its oil and gas industry despite having the world’s second-largest gas reserves after Russia. The sanctions imposed by the West have made it difficult for Iran to emerge as a major exporter of oil and gas.
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7 |
ID:
173534
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Summary/Abstract |
Almost every country in the world now is influenced by the social, economic and political consequences of oil production and its crises and India is also not spared from this. The cut-off of oil production by the OPEC (Organization of Petroleum Exporting Countries) countries have some serious concerns for a country like India as it is still in the process of its development.
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8 |
ID:
173537
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Summary/Abstract |
From the end of the 19th century to the mid-1990s, Central Asia was almost the exclusive domain of Tsarist, Soviet, and post-Soviet Russia. A “Great Game” involving Tsarist Russia and the British Empire dominated the region’s history in the mid-19th century and what is now South Asia.
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9 |
ID:
173527
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Summary/Abstract |
For more than seven decades in the post war period industrial development is basically dependent on oil for energy requirements. Countries having oil deposits enriched their economies by determining its price and availability. But the process involved more diplomatic maneuvers to achieve political objectives. Invention being the progeny of necessity almost all countries across the world explored oil in their respective territories but US honed its oil production capabilities with potential access to market which underscored the diminutive ability of the organized cartel to control supply and price.
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10 |
ID:
173528
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Summary/Abstract |
Oil is an essential of our life. Rather, it is part and parcel of modern civilization. Perhaps we cannot think a single mobility without oil. In the absence of oil, the society will be a centipede without the ability to move. Oil is essential to the modern economy, providing, among other things, the foundation for transportation systems that facilitate human mobility.
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11 |
ID:
173535
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Summary/Abstract |
Oil is a major concern for all countries of the world. The United States of America is also no exception to this. It is so because oil is sine qua non for human life and human mobility. It is in fact, the life blood of the world society. Since there is a very high importance of oil, all countries of the world crave for oil. Oil has been a double-edged sword for the Middle Eastern politics, simultaneously a source of power and of weakness, of economic development and of inequalities, and of social stabilization and of conflicts.
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12 |
ID:
173529
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Summary/Abstract |
The current tensions in West Asia and the looming war clouds over the skies of Iran appear to be the fallout of Tehran-Riyadh traditional animosity and the US’ killing one of the top most military officer Major General Qasim Soleimani of the Islamic Revolutionary Guard Corps outside the Baghdad International Airport on 3rd Jan. 2020 through a precision missile attack and also due to Washington’s unilateral withdrawal from the much celebrated Nuclear Treaty with Teheran, which altogether have further aggravated the already tense and mutually suspicious relations between Iran and Saudi Arabia on the one hand and also Tehran and Washington on the other.
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13 |
ID:
173533
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Summary/Abstract |
The politico-strategic conflagration in the South China Sea pertaining to contested claims to sovereignty over islands in the Paracel and Spratly archipelagoes has been a major source of trepidation between China and five countries of Southeast Asia. In this scheme of things, India finds itself mired in the midst of the contentious dynamics as fallout of the Sino-Vietnam dispute and interspersing claims to sovereignty in the South China Sea littorals.
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