In the world economy there is no doubt the role that oil plays, this hydrocarbon and its derivatives constitute the main source of fuel in the world. Diesel, gas, gasoline, petrochemicals are the energy source that mobilizes the bulk of the means of transport, industries and heavy machinery responsible, to a greater or lesser extent, for the goods we enjoy in our homes and places. of work.
The world economy moves around this organic substance, energy dependence makes countries need oil and its derivatives to function; But not all countries have this resource, in the world about 100 countries have oil and only a score of them have a considerable amount and adequate infrastructure to meet the requirements of the rest of the countries.
It is here where oil easily goes from being a blessing to being a potential curse, competition, supply and demand become key points of the global economy, defining the relations between countries and measuring the capacity of these to master; it is a constant struggle that is measured in barrels of oil.
The economic game becomes complicated when political interests begin to influence, the territories with oil are the most coveted, as well as those strategic points for the sale of this, the territories of passage, embarkation and disembarkation also constitute an interest for world powers .
It is when oil-fueled wars begin to rage that more than one factor comes into play:
When talking about wars, it is inevitable to talk about oil and the power that it has as a war currency in the same way that it is impossible not to talk about the United States and its active participation in world armed conflicts, let's review some recent wars in the Middle East:
All these wars have 2 factors in common, oil and the influence of the United States, many theories point to the interventionist power that the world's leading power has, as well as the interest it has in the dominance of oil, however, one theory works as a further justification and a better explanation.
As we know, oil and its derivatives are priced in US dollars ($) and this is the reason that gives the $ its character as a strong, highly reliable currency. Any exchange in which oil is offered in another currency would cause a collapse in the US economy; It has happened before when in 2000 Iraq began to offer its crude in euros and since 2015 when Iran began to offer its production in euros. Therefore, the United States will strategically defend its political position by ensuring that transactions derived from oil are kept in US dollars ($), which forces countries to obtain this currency in order to acquire the precious fuel.
That said, it is important to remember that wars are triggered with at least two interested parties, defending opposing interests, for which we will always find the counterpart to the United States in this energy fight, a place that Russia and China play.