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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.

Austrian rescue personnel checks the body temperature of persons during an informal meeting of oil ministers of the Organization of Petroleum Exporting Countries, OPEC, at the OPEC headquarters in Vienna, Austria, Wednesday, March 4, 2020. (AP Photo/Roland Zak)

Antoine Halff analyzes OPEC's response to the coronavirus and the corresponding fall in oil prices.

Damaged crude-oil facilities in Abqaiq, Saudi Arabia, shortly after a September attack by Iran. (Faisal Al Nasser | Bloomberg News)

In an op-ed in the Washington PostJason Bordoff argues that despite recent efforts to deescalate tensions between the U.S. and Iran, risks to global oil supplies remain. 


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Daniel Yergin
Author, The New Map

Host Jason Bordoff is joined by Dr. Dan Yergin, Author of "The New Map."

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...

Dr. Irwin Redlener
Director of the National Center for Disaster Preparedness at the Earth Institute

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...