Saudi Arabia’s newfound willingness to take a stand against oil quota cheats has forced the rest of OPEC+ to adhere to their quotas. Will today’s discipline – driven by the biggest-ever plunge in oil demand – fade alongside the virus? Read more in the Baker Institute Blog.
While foreign policy has rarely been the predominant issue in U.S. presidential campaigns, the November election will provide voters a clear choice when it comes to U.S. relations with other nations, writes fellow Joe Barnes.
Leveraging a crash in oil revenue, the Saudi government has quickly imposed unprecedented changes to the way it raises cash by increasing taxes and slashing subsidies in ways Saudi citizens once considered unthinkable.
Despite the Trump administration sentiment that the U.S. partner with Saudi Arabia in a joint oil alliance, such an approach is unlikely to be successful, write energy fellows Jim Krane and Mark Finley. Forbes blog: https://bit.ly/2WUa6rb
The United States' exit from the Intermediate-range Nuclear Forces Treaty appears more like a gesture than part of a well-considered long-term plan. There are few signs that the Trump administration has given substantial thought to how the U.S. can best protect its interests in a new and challenging international environment.
The good news: we managed to get through June and July without war in the Persian Gulf. The bad news: the risk of conflict remains high. Read more at the Baker Institute Blog: https://bit.ly/2MKqWDS
"With the U.S. and Iran staggering toward war, it bears asking: How would U.S. interests be served by war with Iran?" writes fellow Jim Krane. Read his argument for why U.S. interests would be deeply undermined by any such war on the Baker Institute Blog.
This post originally appeared in the Forbes Blog on June 17, 2019.
Saudi Arabia recently ended its legal ban on women driving. The long-term consequences of this change on transportation, energy, labor, and health remain unclear, write fellows Farhan Majid and Jim Krane in an op-ed for the Houston Chronicle: https://bit.ly/2Lrqnja
