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In September 2019 a major Saudi oil facility was attacked, briefly disrupting global supply and raising benchmark prices. The Saudi government accused Iran of perpetrating the attacks, exacerbating tensions within the Middle East and among the United States and its regional partners. The event and its aftermath underscored the political fragility of the region and the risks it can pose to oil markets. At the same time, however, the market’s rapid recovery demonstrated that U.S. and other suppliers were robust enough to compensate for lost Saudi production, suggesting that the geopolitical importance of the region could change.

Join EPIC for a conversation on energy geopolitics and their economic implications as we host Robert McNally, the president of The Rapidan Group and a former senior director for international energy at the National Security Council; Suzanne Maloney, Senior Fellow and Deputy Director for Foreign Policy at the Brookings Institution; and Harris Public Policy Professor Ryan Kellogg, an EPIC affiliated scholar who studies the economics of oil markets. The event will be moderated by EPIC Visiting Fellow in Journalism and The Atlantic reporter Robinson Meyer.