Oil prices surged after OPEC+ unexpectedly announced it’s cutting oil production by more than 1.2 million barrels of crude a day, according to The New York Times.
If you would like more context on this matter, please consider Hossein Askari, Iran Professor Emeritus of International Business and International Affairs at the George Washington University. He has served as chairman of the International Business Department and as director of the Institute of Global Management and Research. Askari has written extensively on economic development in the Middle East, Islamic economics and finance, international trade and finance, agricultural economics, oil economics and on economic sanctions.
If you would like to speak with Prof. Askari, please contact GW Media Relations Specialist Cate Douglass at cdouglass
gwu [dot] edu (cdouglass[at]gwu[dot]edu).
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