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Securing the Persian Gulf: With fiscal limits and 'pivot' to Asia, U.S. strategy could change

Securing the Persian Gulf: With fiscal limits and 'pivot' to Asia, U.S. strategy could change

By Brian M Downing The Persian Gulf has been critical in U.S. strategic thinking since the rise of oil production there in the 1930s. Three things, however, are calling its importance into question. First, U.S. oil and gas production, owing to the exploitation of shale formations inside the U.S., has risen markedly, making self-sufficiency a […]