Stay on top of the latest developments in oil markets, geopolitical risk, and alternative fuel vehicles with the SAFE policy team's Chart of the Week.
The goal of the United States is to gradually restrict Iranian crude exports over time. The toughest sanctions on Iran’s oil trade, energy sector, and Central Bank will be re-imposed on November 5.
Global oil markets are contending with a number of uncertainties as U.S. gasoline prices are already 44 cents per gallon higher than year-ago levels.
The lifting of sanctions in 2016 kicked off a nasty political debate inside the country about revised contract terms and who exactly should benefit from Iran’s oil sector revival.
Countries that rank low in cyber readiness account for more than 44 million barrels per day, approximately 45 percent of the world’s daily oil production.
When producers that are inherently prone to conflict and resource nationalism lose supply, output will most likely not return to previous levels.
One consequence of Saudi Arabia's “anti-corruption” purge is a more hawkish foreign policy and increased tension with Iran. With the U.S.’s national security and economic well-being vulnerable to instability in Saudi Arabia and the Middle East, measures to strengthen energy security and reduce oil dependence are increasingly imperative.
Despite the effects from the OPEC production cut and austerity measures, Saudi Arabia can ride out the current economic headwinds without having to switch market strategy. That outcome, though, is not a certainty since there are factors that could further negatively impact the Saudi economy.
The Kurdish predicament is defined by energy and oil. Their assets hold the promise of prosperity and independence—but they also serve as tripwires for conflict and sources of leverage for opponents.
As the group doubles down on its production cut, questions linger about exit strategy, capability, and size.