Simon Henderson is the Baker fellow and director of the Bernstein Program on Gulf and Energy Policy at The Washington Institute, specializing in energy matters and the conservative Arab states of the Persian Gulf.
Articles & Testimony
President Trump may be counting on the fact that U.S. voters oppose both higher gas prices and another war, but in the end he may have to pick one or the other.
Good news: Reasonable prices for the gasoline you will buy for the summer driving season are being guaranteed by Saudi Arabia and other OPEC countries. Huh? Who says? Actually, President Trump says so. He tweeted Monday morning: “Saudi Arabia and others in OPEC will more than make up the Oil Flow difference in our now Full Sanctions on Iranian Oil.” In other news: Oil prices rose. Put simply, the market apparently did not see the withdrawal of waivers with the same optimism...