VOL. XLV

No 36

9-September-2002

The New Geopolitics Of Oil: The US, Saudi Arabia And Russia

By Gawdat Bahgat

Gawdat Bahgat isProfessor of Political Science and Director of the Center for Middle EasternStudies at IndianaUniversity of Pennsylvania. He isthe author of several books and numerous articles on the Gulf region and the Caspian Sea.

RussiasOil Industry

Russiais a major player on the global oil market because it is the worlds secondlargest producer and exporter (after Saudi Arabia) and holds...