Yemen’s Houthi have mounted a selective counter-shipping campaign in the Red Sea that has disrupted global trade between Asia and Europe. In a new issue brief, fellow Jim Krane describes how the attacks have triggered major shipping delays and expenses for firms based in countries friendly to Israel — effectively acting as economic sanctions and demonstrating the power of a non-state actor to undermine global norms around freedom of navigation.
Since October 2023, Houthi militants have deployed missile and drone attacks in the Red Sea — creating security concerns in one of the world’s busiest shipping lanes and causing major disruptions to supply chains. On this episode of Baker Briefing, experts assess the security threat in the Red Sea and the broader geopolitical ramifications of the Israel-Hamas war.
Jim Krane, David M. Satterfield, Kristian Coates Ulrichsen, Mohammad Ayatollahi TabaarFebruary 14, 2024
Global leaders met in Dubai this month for the 28th annual United Nations Conference of the Parties on climate change — known as COP28. In the lead-up to the conference, our expert panel broke down the key political and policy issues at play.
Mark Finley, Kristian Coates Ulrichsen, Jim Krane, Rachel A. Meidl, Joe BarnesNovember 29, 2023
OPEC+, which is led by Saudi Arabia and Russia, announced this week that it is cutting oil output by 1.2 million barrels per day starting in May. This amounts to removing roughly 1% of oil from the global market. Our experts discuss the far-reaching consequences of this move for U.S. gas prices, American energy security, and U.S.-Saudi relations.
David M. Satterfield, Mark Finley, Jim Krane, Kristian Coates UlrichsenApril 5, 2023
President Vladimir Putin’s invasion of Ukraine has backfired in many ways. For one, it’s leading to a diminished Russian energy export economy and spurring Europe to a clean energy future, writes fellow Jim Krane.
Experts from the Center for Energy Studies offer nine climate policy recommendations for the Biden administration and argue that a bipartisan legislative push could accelerate a move toward significant action on climate change.
Jim Krane, Kenneth B. Medlock III, Mark Finley, Michael D. MaherJanuary 20, 2021
The authors examine the recent attacks on oil infrastructure in Saudi Arabia and other Persian Gulf nations to shed light on the current state of U.S.-Gulf strategic relations and the potential directions of its evolution in coming years.
A pending bill in Congress would hobble OPEC by opening the door to anti-trust lawsuits against government-owned oil companies. This brief examines the multiple ways such legislation, known as NOPEC, would undermine critical U.S. interests. DOI: https://doi.org/10.25611/rezh-fc53
In June 2018, Saudi Arabia finally put an end to its legal ban on women driving, opening the way for millions of new drivers to navigate across a country three times bigger than Texas. While the long-overdue policy shift provides relief to women who lacked freedom of mobility, the onset of so many new drivers has enormous consequences for transportation and the energy sector, as well as labor market participation and public health.
Fellows Gabriel Collins and Jim Krane argue in this issue brief that despite changes in U.S.-Persian Gulf trade relations, the U.S. retains an enduring interest in preserving political stability and securing oil flows from the region.