The Impact of Oil Wars on Global Oil Economics

Abstract

Devansh Tiwary

The specter of oil wars looms large over the global economy, shaping geopolitics, disrupting markets, and influencing national and corporate strategies in profound ways. The interconnectedness of energy security, economic policies, and geopolitical stability has made oil one of the most powerful strategic commodities in history. From the resource-driven conflicts of the Middle East to the energy struggles in Eastern Europe, the global oil landscape has been marked by volatility, uncertainty, and fierce competition among nations and corporations alike. These conflicts send shockwaves through global supply chains, impacting everything from fuel prices to foreign investment decisions, trade agreements, and even national security policies.

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