#277
overall
Robin Mills
Nov 01 2022
The Geopolitics Behind OPEC+ Production Cuts
American politicians like to imagine their exhortations have an effect on OPEC, and in particular on Saudi Arabia. This is mostly illusory. But is the organisation’s latest oil production cut, triggering angry exchanges between Riyadh and Washington, a political or an economic move? And is it a good or bad decision?