Blood Barrels

Why Oil Wealth Fuels Conflict

Author: Michael L. Ross
May/June 2008
Council on Foreign Relations

The world has grown much more peaceful over the past 15 years -- except for oil-rich countries. Oil wealth often wreaks havoc on a country's economy and politics, helps fund insurgents, and aggravates ethnic grievances. And with oil ever more in demand, the problems it spawns are likely to spread further.

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