Philip K. Verleger, a well-known expert on the economics of oil, says that the current price of oil, which has dropped below $70 a barrel, has probably peaked for the moment. Yet he warns that any pr…

Even as Iraqi special forces and Shia militias roll back the self-proclaimed Islamic State, Baghdad has done little to address the underlying causes of Sunni militancy.

Hurricane Katrina caused severe damage to U.S.refinery and production capacity in the Gulf of Mexico. Oil prices briefly spiked to above $70 per barrel before dropping after President Bush decided to…

Philip K. Verleger Jr., an energy policy expert, says meetings of natural gas exporting countries in Qatar are not likely to be very significant in short term, but in time “could be very significant.”

South Asia expert Bruce Riedel sees the continuing development of U.S.-India ties as a major accomplishment of President Bush, who has built on steps taken by his predecessor.