What term defines the price increase in oil caused by the threat of supply interruptions during geopolitical conflicts?

By Kalsoom Tahir

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Last Updated 13 Aug 2026

A. Scarcity rent

B. Geopolitical risk premium

C. Resource curse

D. Market volatility index

📚 Topics: International Current Affairs

🎯 Exams: CSS GEN PMS UK_CS US_COMP

🏷️ Tags: Energy Security Geopolitics International Economics

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