Oil versus Water!
crease in crude oil supplies, especially shale oil and gas, and the demand staying as it is and in some cases dropping, oil prices have come down unprecedentedly to reach around $60 dollars per barrel. It seems that for now oil has passed its hayday as the most fought- over liquid in the world.
In comes water as the competitor of oil and how it is being controlled by the regional powers. One can turn his attention to what Turkey is doing in building more dams. This is part of its public work project (GAP project) to limit the water flow from the Euphrates and Tigris rivers that supply Syria and Iraq. Iran is also following suit but to a lesser extent since it doesn’t have the same water monopoly as Turkey.
Turkey and Iran are trying to exert economic pressure on Syria and Iraq to yield to their demands and limit agricultural production to keep them in a state of economic dependency on Turkish and Iranian products. Thankfully the Kurdistan Region is not badly affected by these measures due to the plentiful water supplies as it accesses around 46 billion cubic meters a year and it only needs around 9 billion!
As populations grow and food resources get scarcer, soon enough battles may no longer be fought over oil but rather for that life sustaining transparent liquid called water!