There is an increasing tension between the Iranian Government and the west on an increasingly likely European oil … embargo and the Iranian threat to close the Strait of Hormuz. The main question is: What will happen to the international oil … prices in the case of shocks in the flow of Iranian oil to the international markets? In this study, we analyze the dynamic …

whether oil affects democratic institutions. We further the debate through the use of additional measures of democracy and … multiple time-series estimation strategies. We find no robust long-run effect of oil rents per capita on Polity, Civil … samples to respond to the findings that the effects of oil abundance may differ in Latin America, the Middle East, in mature …