By Zeenia Satti
July 4, 2008
The Swat problem is better explained within the larger picture. The rise of Islamic terrorism coincides with the discovery that the world’s oil production has peaked and what remains underground is not going to go round for long. The anxiety produced by this discovery is augmented by the fact that rapid industrialisation in the developing world is jacking up the demand for oil. There is global expectation that a rivalry for access to oil resources will intensify in years to come.