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Blood Oil: Tyrants, Violence and the Rules that Run the World

Center for Global

The Shirazi Foundation attended an event hosted by the Center for Global Development  titled Blood Oil: Tyrants, Violence and the Rules that Run the World.

The keynote speaker addressed what would  happen to the people of various countries if and when the west decided to  stop buying oil from  them. Experts also  pointed out that  oil buyers know where oil is coming from and where it is going  at all times and that this no mystery. The keynote speaker also pointed out the effects on the economy if the west stopped buying authoritarianism controlled oil. An emphasis was placed on why  natural resources sell on the global market so well because they can be pulled from  the earth and sold with minimal payment to laborers in many countries.