The US war on Iran and the closing of the Strait of Hormuz has again highlighted the geopolitical significance of oil. In parallel with the war, relations among oil producers in the Middle East are also changing, with the United Arab Emirates recently withdrawing from OPEC. What should we make of these developments, and what is the role of oil in current political and market turbulence?
In this seminar, we will hear from the University of Oslo's leading expert on the geopolitics of oil, professor Dag Harald Claes at the Department of Political Science.
Claes recently edited the book Energy Politics in a Turbulent Era. In the seminar, he will give a presentation based on the book. The presentation will serve as a backdrop for an open discussion on the current situation in the Middle East and the geopolitical role of oil.