Trump is frustrated gasoline prices don’t mirror oil’s decline. Experts say it’s not that simple
U.S. gasoline prices decreased an average of 49 cents a gallon in the last month as expectations rose for an end to the war with Iran.
External Publications by Richard Nephew • October 22, 2018
Writing in Foreign Affairs, CGEP Scholar Richard Nephew and SIPA Professor and former U.S. Treasury Secretary Jacob Lew argue that Washington, D.C. is abusing its financial might and discuss the consequences that might have.Â
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The US-Israeli war against Iran highlights the Gulf’s dual role as the backbone of global energy supply and a major source of systemic risk.
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External Publications by Richard Nephew • October 22, 2018