Geopolitics and Oil Prices

Interesting piece from the Washington Post:

https://www.washingtonpost.com/business/economy/us-gas-prices-are-going-up--and-saudi-arabia-is-in-the-drivers-seat/2019/04/26/1ad9bb8a-66ba-11e9-8985-4cf30147bdca_story.html

Five decades after the oil crisis of the 1970s, Saudi Arabia can control the fuel market again, thanks to Venezuela’s problems, the Trump administration’s sanctions on Iran and uncertainty in unstable producer states such as Libya and Nigeria.

US Foreign Policy and Oil Prices

https://www.washingtonpost.com/world/2019/04/24/trump-wants-push-iran-point-no-return/
Related:
https://www.economist.com/finance-and-economics/2019/04/25/america-wants-to-challenge-rogue-petrostates