The Center on Global Energy Policy hosted a panel discussion focused on the geopolitical and global economic implications of the recent oil price drop. Our distinguished group of experts discussed what the decline means for national budgets, internal political stability, currency fluctuations, diplomatic relations, and energy sanctions, among other topics, for key countries like Venezuela, Saudi Arabia, Iran, Nigeria, Russia, Mexico, China and others. Center Director Jason Bordoff moderated the discussion with our panelists: Helima Croft, Managing Director and Chief Commodities Strategist, RBC Capital Markets; Adrian Lajous, Fellow, Center on Global Energy Policy and former CEO, Pemex; Guillermo Mondino, Managing Director and Head of Emerging Markets Economics and Strategy, Citi Research; Dr. Steve Sestanovich, Professor for the Practice of International Diplomacy, Columbia SIPA and former State Department ambassador-at-large for the former Soviet Union; and Jan Stuart, Managing Director and Head of Global Energy Research, Credit Suisse.