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Could Electric Cars Make the Middle East Geopolitically Irrelevant?

Benefit From the Latest Energy Trends and Investment Opportunities before the mainstream media and investing public are aware they even exist. The Free Oilprice.com Energy Intelligence Report gives you this and much more. Click here to find out more.

Petroleum makes the world go round, with 70% of it used to power automobiles. About a fifth of the world’s 90 million barrels a day of oil production comes out of the Persian Gulf/ Arabian Gulf.

A large part of the US stand-off with Iran has to do with petroleum. The US doesn’t want a big military power hulking over the Gulf, other than itself. Iran can’t be allowed to dominate the Gulf oil kingdoms. Likewise, Washington insists that oil countries remain susceptible of being invaded by the US. Non-oil states like Pakistan, India and Israel have been allowed to actually develop nuclear bombs, but Iraq was destroyed even on false suspicion of moving in the same direction. Even an Iranian capability to construct a bomb, i.e. “nuclear latency,” would have a deterrent effect, and the US is determined to prevent Iran from being taken out of the column of countries that can be safely invaded. (There is no good evidence that Iran seeks to actually construct a warhead, nor is Iran a threat to much more powerful Israel; US tensions with Iran are largely over ‘nuclear latency,’ the mere capability to construct a nuclear warhead on short notice).

Iran has launched its biggest ever air defense drills, a week after the US accused it of trying to shoot down an American drone over the Gulf:
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