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April 20, 2020

Financial Markets
OPEC Plus’ Zero-Sum Oil Game

Prior to the U.S. invasion of Iraq in 2003, international sanctions had severely curtailed Iraq’s oil industry. Oil production sat at 1.4 million barrels a day (b/d). Iraq’s beleaguered refining indu…

The Suezmax sized oil tanker Karvounis lies at anchor south of Port Fourchon, Louisiana, U.S.
Blog Post by Amy M. Jaffe Energy Realpolitik

March 30, 2024

Venezuela
Will the Biden Administration Abandon Democracy in Venezuela?

Biden administration policy toward Venezuela has abandoned concern about democracy and human rights, instead placing oil prices, migration, and presidential politics above them. Will it change?

Blog Post by Elliott Abrams Pressure Points

May 10, 2024

United States
Election 2024: Where the Presidential Race Stands With Six Months to Go

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: Joe Biden and Donald Trump remain locked in a tight contest where third-party candidates could deci…

An election ballot box as viewed on a folding table.
Blog Post by James M. Lindsay The Water's Edge

May 25, 2018

Iran
The Complicated Geopolitics of U.S. Oil Sanctions on Iran

U.S.-Iranian conflict resolution is in flux following withdrawal from the nuclear deal, and it remains unclear whether sanctions will be sufficient to force Iran back to the negotiating table. A deeper dive into the energy realpolitik of the matter reveals a host of barriers to improving the status quo in the Middle East.

U.S. President Donald Trump speaks to reporters after signing a proclamation declaring his intention to withdraw from the JCPOA Iran nuclear agreement in the Diplomatic Room at the White House in Washington, U.S. May 8, 2018.
Blog Post by Amy M. Jaffe Energy Realpolitik

February 14, 2024

United States
C. Peter McColough Series on International Economics With Austan Goolsbee

Austan Goolsbee of the Federal Reserve Bank of Chicago discusses the U.S. economy and monetary policy. The C. Peter McColough Series on International Economics brings the world’s foremost economic…

Play Austan Goolsbee speaking during a news briefing at the White House in 2011.
Virtual Event by Austan D. Goolsbee and Michael Froman Renewing America

March 19, 2020

Oil and Petroleum Products
Oil Price War: Is U.S. Shale The First To Blink?

As the oil price war continues, markets are hanging on every word coming from Washington, Moscow and Riyadh, amid signs that diplomacy could be afoot. A statement by the Kremlin’s presidential spokes…

Sarah Mandel (R) of Chadds Ford, Pennsylvania, and representing the organization Food and Water Watch, holds a banner as she takes part in a small anti-fracking protest in front of the White House in Washington November 3, 2015. Thanks to the fracking boom that has helped boost U.S. oil production 80 percent since 2008 and slashed the country's crude imports, the U.S. Strategic Petroleum Reserve is brimming. The world's largest supply of government-owned emergency oil holds 695 million barrels, the equivale
Blog Post by Amy M. Jaffe and Gabriela Hasaj Energy Realpolitik

October 18, 2007

Global
Oil Prices

While some experts fault demand increases for record-high oil prices, others say production and market issues reflect price hikes are more complicated.

Backgrounder by Eben Kaplan and Toni Johnson