Episode Notes:

On Wednesday, Oct. 5, the OPEC+ cartel of oil-exporting countries slashed production of crude oil, sending the price of energy to over $90 a barrel. The decision has led to consternation in the United States about the role of Saudi Arabia, a U.S. ally, and how OPEC's decision may benefit Russia. To discuss the cut in production, Gregory Brew, a Kissinger Visiting Scholar at the Jackson School of Global Affairs at Yale University, joins the Warcast.

[:49] Why OPEC+ cut production

[2:41] Saudi Arabia

[4:27] Competition in the oil markets

[6:02] The U.S. response

[7:41] The energy markets

[9:28] Recommendations for the Biden administration