The oil market ‘is lying to us’ oil execs say
Oil prices held above $100 a barrel on Thursday as peace talks between the US and Iran collapsed before a second round could take place.
Testimonies & Speeches by David Sandalow • October 18, 2013
Within days of the initial U.S. and Israeli attack on Iran on February 28, 2026, the world was plunged into an energy crisis.
The war in Iran is not just another energy shock. It is arriving at a moment when Europe is already under cumulative strain: a war on its eastern border, the lingering aftershocks of the 2022 energy crisis, industrial decline, political fragmentation, fiscal limits, and a widening debate over how much of its own security it must now provide.
Without transatlantic alignment, we risk forfeiting the very advantages our alliance was built to protect.
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Testimonies & Speeches by David Sandalow • October 18, 2013