Is Oil Worth Fighting For? Evidence from Three Cases
Is Oil Worth Fighting For? Evidence from Three Cases
Oil is one of the non-renewable resources available on the planet, and its scarcity is inevitable if the supply does not meet the growing demand in the current scenario, and it may even lead to “resource wars” among states in the coming years. This chapter considers the regions of the Persian Gulf, Caspian Sea, and Pacific Rim and explores why resources have always been great motivators for war. It is also a concern that cooperation rule is the most vital national interest rather than conflict. The later parts of the chapter discuss future oil scarcity and competition; legal status in the oil-rich territory; agreements on pipeline locations and export routes; and new leadership in petroleum politics. The concluding part observes that in order to gain the oil resources and financial and economic benefits, interstate coordination is required, not violent conflict, so it is not worth fighting for oil.
Keywords: oil scarcity, resource wars, Persian Gulf, Caspian Sea, Pacific Rim
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