NESA Professor Dr. Gawdat Bahgat writes about the plummeting price of oil which, on April 20th, fell into negative territory for the first time in history. Sellers paid customers to take unwanted oil, highlighting the industry’s disarray and raising several important questions: why this extreme volatility? How will the United States respond as the world’s largest Read More >
Donald Trump
Geopolitics of Oil
بالعربية Pусский Dr. Gawdat Bahgat, NESA Center Last week, Saudi Arabia, Russia and the United States led a multinational coalition in major oil production cuts, the largest in world’s history, after a drop in demand due to the Coronavirus crisis and a Saudi-Russian feud devastated oil prices. Twenty three countries committed to withhold collectively 9.7 Read More >
Oil Price War: It Takes Three to Tango
Dr. Gawdat Bahgat, NESA Center In the last several weeks, people all over the world have understandably been occupied by the Covid-19 outbreak. The virus has spread globally and has already infected more than a million people. In addition to worrying about their own health, people are worried about their well-being, employment status, and prospects Read More >
The Iran Pressure Plan Will Fail
NESA Professor, Dr. Gawdat Bahgat, June 9 2019 There is no doubt that the “maximum pressure” strategy is making life harder for the government of Tehran and the majority of Iranian people. Still, it is unlikely that the pressure will lead to a major policy shift. Read more from Dr. Bahgat’s published article here. The Read More >