The Lack of Libyan Oil May Force NATO to Move


No oil or no fly: choose.

The world is skating on the edge of petroleum prices so high that they could push the global economy back into recession. Will NATO governments really risk taking a bath in their next elections because they declined to implement a no-fly zone over Libya and bring a quick end to what is for them not only a humanitarian crisis abroad but also a potential oil crisis at home?

The World Oil Politics of the Libyan Revolt | Informed Comment

This entry was posted in Diplomacy, Economics, International Relations, Politics and tagged , , . Bookmark the permalink.

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