LORDS

Oil and politics: Committee discusses strategic relations

oil dippers
01 February 2017

The International Relations Committee hears from experts in the field on the strategic implications of energy resource management in the Middle East, and the UK’s interest in preserving the Iranian nuclear deal.

Witnesses

Wednesday 1 February, Committee Room 4, Palace of Westminster
At 10.30am

  • Dr Carole Nakhle, Energy Economist, Crystol Energy
  • Stewart Williams, Vice President, Middle East Research, Wood Mackenzie

At 11.30am

  • The Rt Hon Lord Lamont of Lerwick, UK Trade Envoy to Iran

Possible questions

  • How much impact does the regional (in)stability of the Middle East impact global oil markets?
  • The US is now less reliant on the Middle East for its energy resources, what are the likely implications of this trend for US foreign policy in the region?
  • What are the strategic implications of the increasing reliance of the Asia-Pacific countries on Middle East oil?
  • How significant are Russia’s energy interests in the region?
  • We have heard that a major threat to the Iran nuclear deal might be that its economic dividends have not become evident in Iran, eroding domestic support. Would you agree?
  • In the current geopolitical context, what are the prospects for further development of the Iranian energy market, including investment by the UK?
  • There is a perception amongst some Arab states that the West has been too forgiving of Iran’s regional ambitions. What steps can the UK and the UN take to reassure its allies?

Further information

Image: iStockphoto

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