Economic Perspectives

Return of the oil threat

Print edition : May 25, 2018

Russia’s Energy Minister Alexander Novak (left) and Saudi Arabia’s Energy Minister Khalid al-Falih at a news conference after they agreed to cut back on oil production, in Vienna on December 10, 2016. Photo: REUTERS/HEINZ-PETER BADER

Iran’s Oil Minister Bijan Zanganeh (second from left) shakes hands with Total’s Stephane Michel after signing an offshore gas field agreement in Tehran on November 8, 2016. Trump is threatening to go back on nuclear deal with Iran, which would affect Iran’s contribution to the global oil supply. Photo: AFP/ATTA KENARE

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