International terrorism has been a topical issue that caught the UN’s attention since the last quarter of the twentieth century. However, the UN initially dealt with it as an internal matter. In this regard, terrorism has become a global threat with the emergence of terrorist organizations. These organizations are not limited to a specific geographical scope; some of them are linked to countries, while others seek to occupy territories in order to control the oil wells and even create armies. They cannot continuously conduct their activities without financial support that provides it with the means to implement its plans and the resources to finance its field and logistical operations in all forms. One of the most important sources of financing terrorist and their organizations is money laundering operations. This research is to analyze the UN’s role in combating money laundering to prevent terrorist acts around the globe.

Fluctuation in the price of oil has been an international concern for decades, because oil is the primary export and main economic driver for many States. OPEC as an international organization is practicing its role in controlling oil prices and oil market under the rules and norms of international law. In 2014, the price of oil decreased tremendously in a way that shocked the international market. OPEC tried to stem the losses and prevent prices from falling even further, and tried to facilitate international law in the current crisis. World markets were further shocked when OPEC announced that it would not cut production, and that the market would be supplied by the usual average amount of oil exports. In contrast, WTO cut its global trade in an attempt to shore up prices in the international markets, since low oil prices affected international trade as well. In this article, I analyze the oil crisis that hit the world from 2014 to the early year of 2016 period, and the role of international organizations such as OPEC and WTO in facing international economic crises, as well as the role of international politics to assure the implementation of law.