US Oil Strategy in the Caspian Basin: Hegemony through Interdependence

Raphael, S. and Stokes, D. 2014. US Oil Strategy in the Caspian Basin: Hegemony through Interdependence. International Relations. 28 (2), pp. 183-206. doi:10.1177/0047117813517911

TitleUS Oil Strategy in the Caspian Basin: Hegemony through Interdependence
AuthorsRaphael, S. and Stokes, D.
Abstract

President Obama has continued to emphasise the strategic importance of stable energy supplies to US national security interests, with the oil-rich Central Asian region a key part of global energy markets. This region has seen significant economic and strategic inroads by the United States over the last decade in a broad attempt to integrate it within the US-led liberal order. This article examines these policy developments and draws upon theoretical debates on US grand strategy to argue that, rather than necessarily signalling increasing geopolitical rivalry with other powers such as China and Russia, US policy is designed primarily to incorporate the region through deepening market interdependence. As such, while there is a complex mix of geopolitical rivalry and economic interdependence developing in the Caspian, even in the face of purported US decline and increase of its domestic supplies through fracking, Washington remains committed to acting as a hegemonic stabiliser in the Caspian.

JournalInternational Relations
Journal citation28 (2), pp. 183-206
ISSN0047-1178
1741-2862
Year2014
PublisherSage
Digital Object Identifier (DOI)doi:10.1177/0047117813517911
Publication dates
Published12 May 2014

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