Opec’s headquarters in Vienna, Austria. Biden’s policy choices will be critical in the outlook for the Middle East’s oil and gas producers. Photo: Reuters Opec’s headquarters in Vienna, Austria. Biden’s policy choices will be critical in the outlook for the Middle East’s oil and gas producers. Photo: Reuters
Opec’s headquarters in Vienna, Austria. Biden’s policy choices will be critical in the outlook for the Middle East’s oil and gas producers. Photo: Reuters
Tilak K. Doshi
Opinion

Opinion

The View by Tilak K. Doshi

Fate of Middle East oil producers turns on Biden’s actions on climate and Iran

  • If Biden cuts US oil and gas output in favour of renewables owing to his commitment to climate change goals, prices will improve for the other major producers
  • But if sanctions against Iran are dropped, even lower prices await

Opec’s headquarters in Vienna, Austria. Biden’s policy choices will be critical in the outlook for the Middle East’s oil and gas producers. Photo: Reuters Opec’s headquarters in Vienna, Austria. Biden’s policy choices will be critical in the outlook for the Middle East’s oil and gas producers. Photo: Reuters
Opec’s headquarters in Vienna, Austria. Biden’s policy choices will be critical in the outlook for the Middle East’s oil and gas producers. Photo: Reuters
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Tilak K. Doshi

Tilak K. Doshi

Tilak K. Doshi is an energy consultant, and author of "Singapore in a Post-Kyoto World: Energy, Environment and the Economy"