Jonathan Fulton‘s China’s Relations with the Gulf Monarchies (Routledge, 2018) sheds light on China’s increasing economic role at a moment that the traditionally dominant role in international oil markets of Saudi Arabia and other Gulf oil producers is changing as a result of the United States having become more or less self-sufficient, China replacing the US as the Gulf’s foremost export market, and members of the Organization of Oil-Producing Export Countries (OPEC) becoming increasingly dependent on non-OPEC producers like Russia to manipulate prices and regulate supply demand.
