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Op-eds & Essays with Jason Bordoff & Robert McNally • Foreign Policy • September 29, 2026
As inventories run dry and the Iran war continues to disrupt transit routes, oil has surged back to more than $100 per barrel. Diesel fuel—the workhorse of the agricultural and trucking sectors—has now soared to historic highs, pushing U.S. exports to record levels.
As inventories run dry and the Iran war continues to disrupt transit routes, oil has surged back to more than $100 per barrel. Diesel fuel—the workhorse of the agricultural and trucking sectors—has now soared to historic highs, pushing U.S. exports to record levels.
The Middle East crisis has increased demand for China's clean technologies.
By almost any measure, the world should be suffering a far more severe energy crisis.
Full report
Op-eds & Essays with Jason Bordoff & Robert McNally • Foreign Policy • September 29, 2026