1. Oil in the Age of Biden: U.S.-Middle East Energy Relationships Under a New Administration
- Author:
- Ruba Husari, Samantha Gross, Gerald Feierstein, and Jean-Francois Seznec
- Publication Date:
- 02-2021
- Content Type:
- Video
- Institution:
- Middle East Institute (MEI)
- Abstract:
- One of President Biden's most ambitious campaign promises is centered around American energy policy. Biden has vowed to shift away from a traditional focus in oil toward investments in renewable energy sources. Meanwhile, the oil industry in the Middle East is already facing severe repercussions from the coronavirus pandemic. States like Iraq, Saudi Arabia, and Lebanon are struggling to replace oil revenue, cutting social benefits and worsening social unrest in the process. Oil has been the economic backbone on which the U.S. and nations in the Middle East have built diplomatic relationships and maintained mutual security interests. How will these crucial bonds be affected by a greener Biden presidency?
- Topic:
- Diplomacy, Energy Policy, Oil, Pandemic, and Joe Biden
- Political Geography:
- Iraq, Middle East, Saudi Arabia, and United States of America