A war between Azerbaijan and Armenia over Nagorno-Karabakh could have far-reaching consequences, the Oxford Analytica consulting firm has said.
If Russia, Turkey and Iran were to interfere in a war, the situation could become far more dangerous and destructive than the Russo-Georgian war in August 2008.
Oxford Analytica said in a statement that a resumption of conflict would threaten the Baku-Ceyhan oil pipeline and other energy transportation, leading to a spike in the oil price on world markets.
The war would also endanger the USA’s air corridor via Azerbaijan used to supply the ISAF in Afghanistan. There is also a fear that Russia would interfere in order to strengthen its position in the region which would isolate Georgia.
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