Now that the main Arab producers have supported Russia’s decision to reduce oil production, M.K. Bhadrakumar says the Biden administration is left with limited options in responding to the surprise move.
Tag: U.S. oil sanctions
PATRICK LAWRENCE: The US Moves on Iran’s Oil Market as an Expression of an Irrational Foreign Policy
Patrick Lawrence gauges the backfiring potential of Pompeo’s withdrawal on Thursday of U.S. sanction waivers from eight major importers.