Press
Showing 1-20 of 35 Items
-
Commodities 2024: Global Crude Supplies Seen Giving Biden Wiggle Room on Oil Sanctions
US gasoline prices in 2024 will be a factor in any Biden administration decision to tighten oil-related sanctions in an election year when prices at the pump could sway voters...
By Rachel Ziemba
-
How a Yemeni Rebel Group Is Creating Chaos in the Global Economy
Some countries may feel the impact directly, such as the cash-strapped government of Egypt, which earns more than $9 billion a year from Suez Canal transit fees. But given the...
By Rachel Ziemba
-
U.S. Treasury Sanctions Companies, Tankers for Violating G7-Led Price Cap on Russian Crude
The new sanctions are a part of the shift that the US took towards enforcement of the price cap in October, and they may lead G7 companies to become more reluctant to trade wi...
By Rachel Ziemba
-
As Biden Prepares to Finally Leave, Iraq Faces a New 'Existential Crisis'
The headlines coming out of U.S. President Joe Biden’s meeting with Iraqi Prime Minister Mustafa al-Kadhimi last week were about the largely symbolic decision to end America’s...
By Rachel Ziemba
-
Gulf markets mixed as Biden win is no 'make or break' for regional economies
Gulf stock markets were muted on Sunday after Joe Biden’s U.S. election victory, reflecting expectations that his administration will not bring radical changes to the region’s...
By Rachel Ziemba
-
FBI probes Mexican, European firms over Venezuela oil trading-sources
The FBI is probing several Mexican and European companies allegedly involved in trading Venezuelan oil as it gathers information for a U.S. Treasury Department inquiry into po...
By Peter Harrell
-
Trudeau announces $2.45B in aid for oil and gas sector, $1.7B to clean up wells
Prime Minister Justin Trudeau has announced new aid for Canada’s battered oil and gas sector, responding to pleas for help as commodity prices fell to record lows and demand d...
By Rachel Ziemba
-
Canada in talks with OPEC, as oil rout continues
Prime Minister Justin Trudeau said on Friday that Canada has been in communication with the Organization of the Petroleum Exporting Countries (OPEC) about cooperation to addre...
By Rachel Ziemba
-
Gulf Sovereign Funds Seen Shedding $300 Billion in Market Mayhem
The Gulf region’s rainy day funds are bracing for the deluge. On top of the collapse of oil prices and meltdown in global markets, Gulf sovereign wealth funds are channeling s...
By Rachel Ziemba
-
The Madcap Scheme to Take Syria's Oil
A retired Army intelligence officer, a successful Kurdish-American businessman, a former Syrian diplomat, and an eccentric entrepreneur from New Jersey met in January over foo...
By Peter Harrell
-
Europe’s Response to the Amazon Fires Shows How to Get Tough on Climate Change Outlaws
Brazilian President Jair Bolsonaro is now planning to deploy the army to help fight the record number of fires raging in the Amazon rainforest. It would be a stretch to say th...
By Neil Bhatiya
-
Key energy issues to watch as Trump meets G20 leaders in Japan
Energy security, OPEC production cuts, trade tensions and US oil sanctions are likely to come up in one-on-one talks between US President Donald Trump and world leaders at thi...
By Ely Ratner
-
U.S. Risks Roiling Oil Markets in Trying to Tighten Sanctions
The Trump administration has reached a critical juncture in its efforts to tighten United States oil sanctions against Iran and Venezuela. By pressuring China and India to end...
By John Hughes
-
Elizabeth Warren Presses Pentagon on Its Planning for Climate Change
One of America's major political parties may not yet be willing to acknowledge that climate change is real, but it is already having significant effects on the U.S. military. ...
By Neil Bhatiya
-
Legal experts: Declaring emergency to act on climate is possible but tough
President Donald Trump's decision to declare a national emergency to fund a border wall between the U.S. and Mexico could allow future presidents to use emergency powers to ad...
By Neil Bhatiya
-
Maduro illegitimacy declaration sparks confusion in US oil sector
The US designation of Juan Guaido as Venezuela's legitimate president has created confusion among refiners, producers, services companies and traders now unsure of the legalit...
By Elizabeth Rosenberg
-
4 things to know about the Trump budget’s environmental cuts
Like last year’s budget, the Trump administration’s 2019 budget proposes large cuts to the Environmental Protection Agency. And it eliminates explicit climate change programs ...
By Neil Bhatiya
-
Donald Trump says US could 'go back' into Paris climate agreement
President Donald Trump has said that the US could "go back" into the Paris climate deal - having withdrawn America from the global accord last year. "We could conceivably go b...
By Neil Bhatiya
-
Chief of staff handled disasters touched by warming
New White House Chief of Staff John Kelly defended funding to confront natural disasters that he believed eroded stability and fueled migration in Latin America and the Caribb...
By Neil Bhatiya
-
President Trump: US to withdraw from the Paris Climate Accord
President Trump has announced the US will withdraw from the Paris Climate Accord. Rich Lowry says the accord is a big nothing-burger, with the Left saying it's voluntary so wh...
By Loren DeJonge Schulman