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Global Glut
Global Glut
The Terrible Timing of Tehran’s Oil Resurgence

Iran intends to ramp up oil output as soon as Western sanctions are lifted, but logistical hurdles and a bearish market could dampen those hopes.

Global Glut
Market Braces For Flood of Iraqi Crude

Iraq is preparing to boost oil production to record levels, contributing to an already oversupplied global market.

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Walter Russell Mead & Staff
Trouble in Brussels

After threatening Putin with new sanctions over Syria, European leaders discover they lack the political will to deliver.

The United States is now going to have to figure out how to help Venezuela avoid completely melting down, with the Venezuelan strongman still at the helm.

Fear the Airpocalypse

Companies are defying orders to cut back on air pollution.

Asia's Game of Thrones

Philippine officials sought to clarify Duterte’s comments on separating from the U.S., but the situation is still murky.

Reefer Madness

Is it Gary Johnson’s world? Not necessarily.


Rosneft CEO Igor Sechin thinks Moscow can add 4 million barrels per day in the coming years.

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