How does geopolitical unrest and economic uncertainty affect oil?
Safe and healthy environments are crucial for any business to thrive and meet its production cost at the same time. In most cases, areas inclined to or are endowed with rich oil produce are often engaged in unending wars about the borders, trade war and unstable political systems. This has often been felt even into trade and commerce oil and its products. The present study assesses the impacts of geopolitical unrest and economic uncertainty towards oil production to be very bad to the economies of various states involved. This can be read in terms of oil prices and financial liquidity due to unfavorable system to the flow of business and maximization of profit to meet the cost of production. This paper will seek to analyze how these factors, namely geopolitical unrest and uncertainty in economies thoroughly affects oil in various dimensions that will be highlighted in the later part of this paper.