71. Saudi Arabia in the 1990s: Stability and Foreign Policy
- Author:
- Mordechai Abir
- Publication Date:
- 09-1997
- Content Type:
- Policy Brief
- Institution:
- Jerusalem Center for Public Affairs
- Abstract:
- The stability of Saudi Arabia (and the Persian Gulf as a whole) is crucially important to the world's industrial countries. According to the Gulf Center of Strategic Studies, "oil is expected to account for 38 percent of all the world consumption of energy until 2015, compared to 39 percent in 1993. Increasing world-wide demand for oil, now about 74 million barrels per day, is projected to rise by 2015 to about 110 million" (Gulf Report, London, July 1997). Over 60 percent of the world's proven oil reserves are located in the Persian Gulf, and Saudi Arabia alone controls 25 percent of the total.
- Topic:
- International Relations, Security, Foreign Policy, Economics, Energy Policy, Politics, and Religion
- Political Geography:
- Middle East and Saudi Arabia