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oil-wars

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The Obama administration is wielding the oil weapon against two of the world’s leading producers, Iran and Russia. These efforts, which include embargoes and trade sanctions, are likely to have a great impact on world output, reflecting White House confidence that, in the pursuit of U.S. strategic interests, anything goes.

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In 2012 and beyond, energy and conflict will be bound ever more tightly together, lending increasing importance to the key geographical flashpoints in our resource-constrained world.

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