Petrodollar system and the US hegemony in the Middle East: A case study of the US relations with Saudi Arabia and Iran

Okonkwo, Ifeanyi Raymond

Abstract

The research explores the relationship between the petrodollar system and the US foreign policy as the global hegemonic power in the Middle East, particularly concerning US relations with Saudi Arabia and Iran. Throughout recent history, the oil-rich Middle East has played a key role in determining US foreign policy as its oil regions account for 65 percent of the world's proven oil reserves and 30 percent of its day-to-day production. The need to control oil outside the US, particularly the desire to control the oil-rich Middle East, has driven the US to get involved in the region's politics. This research aims to utilize the Personality Trait Theory of leadership to examine the role of key American leaders in designing and leading the US policy in the Middle East. The research adopts primary and secondary data collection as its method and fits into the security and statecraft research area.

Citation

Okonkwo, I. R. Petrodollar system and the US hegemony in the Middle East: A case study of the US relations with Saudi Arabia and Iran. (Thesis). Keele University. https://keele-repository.worktribe.com/output/1109913

• Thesis Type: Thesis
• Deposit Date: Mar 21, 2025
• Publicly Available Date: Mar 21, 2025
• Public URL: https://keele-repository.worktribe.com/output/1109913
• Award Date: 2025-03