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.

Mark Finley explains the cost-benefit analysis behind the Saudi government's recent move to pause plans to increase spare oil production capacity — and why spare capacity still equates to power in the oil market.

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Premise

As the world bumps toward energy…

OPEC+ cuts — including additional voluntary cuts, most importantly by Saudi Arabia — look set to significantly tighten the oil market this year.

The 2024 Mexico Country Outlook report analyzes key policy issues ahead of Mexico’s June 2024 elections, from foreign investment and regulatory challenges to migration and public security.

With the 2024 presidential election, Taiwan faces a major decision about its energy future. A  potential phaseout of nuclear power could put the island’s energy security and decarbonization efforts at risk, writes the Center for Energy Studies’ Shih Yu (Elsie) Hung.

When the OPEC+ group met last week and agreed to extend production cuts through the first quarter of 2024, the market was unimpressed. Fellow in Energy and Global Oil, Mark Finley, outlines the meeting’s outcomes and discusses why the recent agreement “could augur a year of difficult meetings ahead” in a new commentary.

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. 

Progress on the UN’s sustainable development goals — aimed at achieving peace and prosperity for all people and the planet — has been slow. However, fellow Harris A. Eyre and his co-authors explain how applying a brain capital framework could change the trajectory.