Exclusive: Saudi Arabia is wielding its oil weapon by keeping production high and prices low all the better to punish some rivals and consolidate market share but the gambit may come back to bite the House of Saud, as Andrés Cala…
Tag: Organization of Petroleum Exporting Countries
Economic Blowback from Iran Sanctions
Economic sanctions have notched some successes, like freeing Nelson Mandela and ending South Africa’s apartheid, but other sanctions have lost sight of practical reforms and become destructive ends in themselves, as ex-CIA analyst Paul R. Pillar notes about Iran.