Should the United States continue to use its military to guarantee the flow of oil from the Persian Gulf?
For more than 30 years, U.S. foreign policy has been shaped by a commitment to safeguard the flow of oil from the Persian Gulf. Yet profound changes in international oil markets, growth in domestic U.S. energy production, and dramatic shifts in the Middle Eastern balance of power suggest that it may be time to reconsider whether this commitment is still warranted.
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