Faṣlnāmah-i Pizhūhish/hā-yi Rāhburdī-i Siyāsat (Dec 2020)

Strategic reflection on the effects of US Government policies on the security of Iranian crude oil markets

  • seyyed abdollah razavi,
  • mohammad nasr esfahani

DOI
https://doi.org/10.22054/qpss.2020.42777.2320
Journal volume & issue
Vol. 9, no. 35
pp. 101 – 134

Abstract

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the dependence of the Iran economy on oil revenues has led to maintaining market share and the sale of crude oil at an optimum price to secure the economic security of the country. US sanctions on oil industry and the sale of Iranian crude oil, have stopped the cooperation and investments of oil companies operating in development, and exports crude oil also experienced a significant decline. The present paper draws the channels of influence of the Trump strategies on the Iranian oil market with using the political economic theories. The results of the study indicate that with the recent pressure of the United States and the removal of some of Iran's crude oil from the global market, oil export opportunities for Iraq, the United States, … were made available to customers in the European and Asian markets to increase their market share Also, putting pressure by American on customers and helping rivals in Iran to provide space for the United States to increase its exports to Asia has put the security of the country's export markets at serious risk. recent agreement between OPEC member and non-members on reducing oil production has contributed greatly to the expansion of US production.

Keywords