Caucasus and Iran: Hydrocarbons Perspectives and Impacts on the Modern World

The consumption of oil and gas increases annually. In 2019 the share of oil was 33.1% and that of gas – 24.2% in the entire world energy consumption. During the first period of the COVID-19 coronavirus pandemic, oil markets crashed and oil prices were governed by the number of world infection cases; the more people were infected, the less the oil prices were. However, after April 2020 the usual pe...