04/05/2026
IRAN, 1998-LOOK BACK ON OIL and the "End Run on Sanctions." McCARY, ME (Posted for Credibility in the Contracts Field). At the time, global oil markets were recovering from $2.00 a barrel. "Big Oil" wanted in on Iran. And, "Political Risk" of U.S. "Unilateral" Sanctions had to be factored into every big contract. Today, petroleum companies will be seeking entry into an unrestricted landscape in the Gulf. As of March 2026, USG's independent actions in the Middle East have again created "political risk" that corporate tycoons have to navigate--perhaps greater than ever before. Like a "stripper" well, this little article might have a few thoughts for production in the decimated pol-mil landscape of the region. Published by a Desert Veteran it can be said with authority that time-and-time again, the deployment briefings for U.S. Troops always noted that we were there for "vital economic interests." Pull down from the University of Florida's Scholarship Repository (University of Florida Journal of Int'l Law, Vol. 12: Iss. 2, Article 3, 1998) available at https://scholarship.law.ufl.edu/fjil/vol12/iss2/3/ And, thanks for those who gave a little bit of time in actually reading it. Tally Ho.