Committee on Energy and Natural Resources United States Senate - U.s. Global Energy Outlook For 2012
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Committee on Energy and Natural Resources United States Senate con U.s. Global Energy Outlook For 2012 Libros Gratis
Although the U.S. has sanctioned Iran since 1980 and has not imported Iranian oil since that time, Iran remains an important source of Asian and European oil imports. So as Europe now works to implement its own sanctions against Iran we can anticipate some dislocation in crude oil flows as the world adjusts to this new situation. These geo-political uncertainties serve as a reminder that oil markets, and to be more specific, oil prices, are a very important factor in our country’s economic security. That’s why it’s so important to fully understand the connection between U.S. and global oil markets.