Bichler, ShimshonNitzan, Jonathan2022-10-282022-10-282020Still in the Danger Zone. Bichler, Shimshon and Nitzan, Jonathan. (2020). Real-World Economics Review Blog. 17 January. (Article - Magazine; English).http://hdl.handle.net/10315/39836differential accumulation Middle East energy conflictsIn December 2017, we posted a RWERB entry, titled ‘Profit warning: there will be blood’. We warned that, although the Weapondollar-Petrodollar Coalition might no longer be in the Middle East driver’s seat, the oil and armament companies, the region’s oil-exporting autocracies and various non-state groups were all keen on seeing their oil incomes rise from record lows. And we ob-served that, in this context, ‘the prospects of a new energy conflict, whether premeditated or co-incidental, seem extremely high’. [. . .] We can only hope that the current round of Middle East hostilities won’t be proportional to the size of its current danger zone.Article