Political instability can affect oil production from "summary" of Oil by Sucha Singh Khera
Political instability is a significant factor that can have a profound impact on oil production. When a country experiences political unrest or turmoil, it can disrupt the operations of oil facilities and infrastructure. This disruption can lead to a decrease in oil production, which in turn can affect global oil supply and prices. One of the main reasons why political instability affects oil production is that it creates an uncertain and unstable environment for oil companies to operate in. Companies may be forced to shut down their operations or evacuate their staff due to safety concerns, which can result in a decline in oil output. Additionally, political unrest can lead to sabotage, theft, or attacks on oil facilities, further hampering production. Moreover, political instability ...
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