These days, even as difficulties in Iraq increase, attention has shifted dramatically towards the situation in Iran. American policy makers have recognized for years that steady access by the west to the region's oil fields depends, not on Iraq or Iran alone, but rather on controlling the tenuous relationship existing between these two central governments of the Middle East.
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Warfare might decide, however, who actually benefits from the exchange of money and oil. It is a deadly game we inherited from the champions of the British Empire.
In the 21st century the game is being transformed by realignments in the balance of power on a global scale, caused largely by the scarcity of oil. Some might even call it the endgame phase of the age of oil. This stage is marked by the near approach or actual presence of peaking reserves.
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These days, even as difficulties in Iraq increase, attention has shifted dramatically towards the situation in Iran. American policy makers have recognized for years that steady access by the west to the region's oil fields depends, not on Iraq or Iran alone, but rather on controlling the tenuous relationship existing between these two central governments of the Middle East.
