Heres Why Oil Remains at Heart of Foreign Policy

The video discusses the ongoing significance of oil in global politics, highlighting its role in funding terrorism and its impact on geopolitical dynamics. The rise of shale oil in the US has altered the global energy landscape, affecting relations with the Middle East and Russia. OPEC's influence is waning as the US, Saudi Arabia, and China dominate oil production. The video also covers Secretary Kerry's diplomatic efforts, including negotiations on the Iran nuclear deal.

What are the implications of the US's shale oil production on the future revenues of countries dependent on hydrocarbons?

What are the key challenges Secretary Kerry is facing in relation to the Iran nuclear deal?