Bloomberg Opinion
May 10, 2018
HKS Authors
See citation below for complete author information.
Director, Belfer Center for Science and International Affairs
Kirkpatrick Professor of the Practice of International Affairs
Abstract
Oil markets have so far reacted to President Donald Trump’s decision to withdraw from the 2015 Iran nuclear deal without either enthusiasm or panic — without even much apparent interest. There are many good reasons for this, but also many reasons to think oil markets’ complacency could change. Fortunately, the Obama-era sanctions that Trump has moved to reimpose have some lesser-known safety valves should oil markets later overheat as a result of the Iran decision.
Citation
O'Sullivan, Meghan. "Trump Has Options If Oil Market Panics About Iran." Bloomberg Opinion, May 10, 2018.