During the previous time of producing oil and gas in gulf area, so much of complicated relationship between producers and consumers happened. Mostly the winners were the powerful team. This article discusses one side of the political and economical side of the relationship and how the conflict...

Currently, oil is considered as the most important commodity in our planet. It exceeds third of the international trade while world transportation, electricity, agriculture, and industry depend on oil. Economists have different opinions regarding issue of cause and effect of oil industry and...