Still in the Danger Zone

Still in the Danger Zone
Bichler, Shimshon and Nitzan, Jonathan. (2020). Real-World Economics Review Blog. 17 January. (Article - Magazine; English).

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In December 2017, we posted a RWERB entry, titled ‘Profit warning: there will be blood’. We warned that, although the Weapondollar-Petrodollar Coalition might no longer be in the Middle East driver’s seat, the oil and armament companies, the region’s oil-exporting autocracies and various non-state groups were all keen on seeing their oil incomes rise from record lows. And we ob-served that, in this context, ‘the prospects of a new energy conflict, whether premeditated or co-incidental, seem extremely high’. [. . .] We can only hope that the current round of Middle East hostilities won’t be proportional to the size of its current danger zone.



Publication Type

Article - Magazine


differential accumulation Middle East energy conflicts


BN Power
BN Region - Middle East
BN War & Peace
BN Business Enterprise
BN Capital & Accumulation
BN Conflict & Violence
BN Crisis
BN Distribution

Depositing User

Jonathan Nitzan

Date Deposited

25 Jan 2020 16:20

Last Modified

25 Jan 2020 16:20


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