This publication is now archived. IntroductionGiven the tight supply and surging demand of the world oil market, small countries that produce oil can have a major impact on global markets. This is in…

Sen. Barack Obama’s foreign policy team includes former State Department veterans and newcomers from academia who seek to reinvigorate U.S. diplomacy.

While some experts fault demand increases for record-high oil prices, others say production and market issues reflect price hikes are more complicated.