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May 14, 2020

Coronavirus
The Elements Unfold: A Possible Bottom to Oil Prices

The process of going into lockdown due to the coronavirus pandemic has been revealing, especially in regards to oil. There are many elements to the smooth operation of global oil logistics that are n…

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020.

March 24, 2020

Energy and Environment
The Russian-Saudi Oil Price War, With Amy Myers Jaffe

Amy Myers Jaffe, CFR’s David M. Rubenstein senior fellow for energy and the environment and director of the Energy Security and Climate Change program, sits down with James M. Lindsay to discuss the …

Podcast Foreign labourers leave their work to have lunch at the Haradh gas site, one of the largest in the world, south of the vast Ghawar oil fields in the prosperous region of Hassa, Saudi Arabia.

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.

April 6, 2020

Oil and Petroleum Products
Oil Ground Zero: Running Out of Storage

In recent days, the Donald J. Trump administration appears to have been sending mixed messages about oil. Typically, low oil prices can be a stimulus to the U.S. economy, but that is in situations wh…

 A local mural takes on new meaning while a United Parcel Service (UPS) delivery truck pauses at a traffic light, as the spread of coronavirus disease (COVID-19) continues in Washington, U.S., March 27, 2020.

June 26, 2020

United States
Five Foreign-Policy Movies with Women in the Lead

Each Friday this summer, we suggest foreign-policy-themed movies worth watching. This week: films that feature women at the helm. 

Movies clockwise from the top left: Carve Her Name with Pride/IMDB; Eye in the Sky/Bleecker Street; Paradise Road/SBS; Atomic Blonde/Script; Zero Dark Thirty/Empire; A Private War/IMDB.

June 25, 2020

Conflict Prevention
Peace, Conflict, and COVID-19

The Center for Preventive Action has created this resource for those seeking information and analysis about the effects of COVID-19 on peace and conflict.

Three men wearing protective clothing and masks--two of whom have guns--stand guard in front of cars parked in the middle of a debris-ridden street during a twenty-four hour curfew in Sanaa, Yemen, on May 6, 2020.

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

March 19, 2020

Oil and Petroleum Products
The Oil Price Shock: Who’s Most Vulnerable in the Coronavirus Slump?

A long dip in oil prices could put several oil-producing countries under great strain, but some are better positioned than others to weather the downturn from the coronavirus.

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

June 15, 2020

United States
The State of U.S. Strategic Stockpiles

The coronavirus pandemic has renewed attention on the Strategic National Stockpile, the nation’s emergency reserve of medical supplies. It’s just one of the stockpiles the United States maintains for…

Members of the Oklahoma National Guard Oklahoma National Guard walk toward the front of the Strategic National Stockpile Warehouse after unloading medical supplies.