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It is common-place among commentators on the Middle East that the next war in that region will be fought over water, not oil. However, the evidence does not support this prediction; although water scarcity has occasionally provoked dispute in the Middle East, it has more often promoted co-existence between adversaries. Accordingly the authors put forward a new interpretation of water politics in which water is seen as a critical factor in moving countries towards co-operation rather than conflict with their neighbours. The basic reasoning behind this hypothesis is that water is too precious to be risked in warfare. The authors develop this hypothesis by detailed case-studies of the three major international water basins in the region: the River Jordan, the Euphrates-Tigris basin, and the Arabian Peninsula. In each case the same conclusion is reached - water scarcity should be seen as a platform for regional co-operation, thereby reinforcing peace, not provoking war.