Assistant Professor of Political Geography, University of Tehran, Tehran, Iran.
Abstract
US foreign policy has moved in the direction of consolidating the dollar's position as a major currency in Islamic Middle East oil and foreign exchange reserves over the past few decades. The US dollar's Petroleum policy has created an order that sets the price of buying oil from Muslim sellers in dollars. They believe that if another currency than the dollar finds itself in oil trading, especially in the Islamic countries of the Middle East, many countries will sell their stored dollars and this will weaken the dollar's position relative to other credible currencies. Kurdish. This article examines the trends in the oil political economy of the Middle East Muslim countries as oil sellers in the Petro-Dollar Exchange Market based on the SWOT model.
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Bafrani, J. (2019). Investigating the Petroleum Policy of Muslim Countries on Petroleum Policy Based on SWOT Model. The Fundamental and Applied Studies of the Islamic World, 1(1), 17-35.
MLA
Jamal Bafrani. "Investigating the Petroleum Policy of Muslim Countries on Petroleum Policy Based on SWOT Model". The Fundamental and Applied Studies of the Islamic World, 1, 1, 2019, 17-35.
HARVARD
Bafrani, J. (2019). 'Investigating the Petroleum Policy of Muslim Countries on Petroleum Policy Based on SWOT Model', The Fundamental and Applied Studies of the Islamic World, 1(1), pp. 17-35.
VANCOUVER
Bafrani, J. Investigating the Petroleum Policy of Muslim Countries on Petroleum Policy Based on SWOT Model. The Fundamental and Applied Studies of the Islamic World, 2019; 1(1): 17-35.
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