Breakout Track 2: Energy Markets and the Future of the Middle East
Global oil prices have fallen dramatically during the past couple of years. While providing welcome discounts at the gas pump for many Americans, lower prices have also resulted in significant revenue cuts for Middle East energy producers. Is Iran’s economy in trouble as a result, or has the nuclear deal given Tehran a lifeline? Do low oil prices mean that alternative sources of energy are less attractive, or is the technology becoming more viable? How does the drop in oil prices impact stability in the Middle East and American policy in the region? Energy experts share their insights on the future of energy markets.