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September 9, 2023

Venezuela
The Price of Oil and of Human Rights

The Biden administration is promoting greater oil exports by Iran and Venezuela, weighing oil prices more heavily than human rights in U.S. foreign policy.

Blog Post by Elliott Abrams Pressure Points

October 13, 2023

Economics
As China Battles Falling Home Prices, the U.S. Faces a Worsening Housing Shortage

   

As China Battles Falling Home Prices, the U.S. Faces a Worsening Housing Shortage
Blog Post by Benn Steil and Elisabeth Harding Geo-Graphics

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

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

March 6, 2020

Sub-Saharan Africa
Africa Confronts Falling Oil Prices Amid Coronavirus

The new coronavirus has led to a slowdown in economic activity in China and East Asia more broadly. The global price of oil has now fallen to $53 a barrel. This is beginning to affect the oil-exporting countries of Africa. According to Africa Confidential, three-quarters of Nigeria’s and Angola’s oil production ear-marked for export in April is unsold. Similar deficits are reported from Chad, Republic of Congo, and Gabon.

A man arranges Agip drums at an oil station and depot in Nigeria's capital Abuja, on June 19, 2009.
Blog Post by John Campbell Africa in Transition

March 10, 2020

Saudi Arabia
Why Current Saudi-Russia Oil Price War Is Not Déjà Vu

It’s happened several times before: geopolitical tensions between Saudi Arabia and Russia have led to a dramatic drop in oil prices in years past. But the breakdown in Saudi-Russian cooperation in oi…

A gas station worker wearing a protective face mask sits next to a petrol station, after Saudi Arabia imposed a temporary lockdown on the province of Qatif following the spread of coronavirus, in Qatif, Saudi Arabia March 9, 2020. REUTERS/Stringer
Blog Post by Amy M. Jaffe Energy Realpolitik