Research Library

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.

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.