In a new essay for Foreign Policy, Jason Bordoff explains that even if the United States, Saudi Arabia and Russia make a historic show of cooperation, any respite for the oil industry will be short-lived.
The global oil market is in free fall, following the collapse of a meeting last week of OPEC and non-OPEC producers. Saudi Arabia decided to surge its output, sending oil prices tumbling. This historic oil price crash is weighing on stock markets...
As scientists and public health officials race to control the spread of the deadly Coronavirus disease -- COVID-19, which first sickened people in China in December 2019 -- individuals around the world are...
After going on for nearly two years, the Trump administration’s trade war with China has taken a new turn with a so-called phase-one agreement. Among the terms of the...
On January 2, the United States carried out an attack in Baghdad against a convoy of vehicles that killed Qasem Soleimani, an Iranian general and head of Iran’s Islamic Revolutionary Guard Corps Qods Force. Iran retaliated for the...
In an op-ed in the Washington Post, Jason Bordoff argues that despite recent efforts to deescalate tensions between the U.S. and Iran, risks to global oil supplies remain.