Changing Modality of Iranian-Saudi Relations as Factor in World Oil Market

Surkov A.N.

Abstract

The article considers the impact of the interaction between Saudi Arabia and Iran on the global oil market. The possible consequences of improving relations between these two countries in the context of stability in the world oil markets and ensuring reliable oil supplies are analyzed. The results of the study allow us to assess the risks and benefits of investing in the oil industry in the face of uncertainty in the political situation between Saudi Arabia and Iran.

Keywords

Saudi Arabia, Iran, energy market, energy policy, economic policy, energy security

DOI: 10.31249/j.2949-2408.2023.02.08

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