Dan Pickering
Coverage of Dan Pickering in the Nexus archive.
- Trump has no remaining levers to pull as oil hovers near the $100 ‘psychological’ threshold
President Donald Trump has limited options to address rising oil prices nearing $100 per barrel amid escalating tensions in the Red Sea and Strait of Hormuz. Analysts warn that without further military escalation or concessions to Iran, oil prices could surge toward $124 per barrel if critical shipping routes face de-facto closure.
- Trump may have to choose between an endless quagmire and ceding the Strait of Hormuz to Iran
The conflict in Iran has entered a 'second round' after a truce collapsed, with Iran threatening control of the Strait of Hormuz and the U.S. reinstating a naval blockade on Iranian oil exports. The Trump administration faces a critical choice between escalating the conflict or allowing Iran to dominate the key energy artery, which could impact global energy prices and the U.S. midterm elections.
- Energy Market Leaders on Navigating Risk
Rebecca Babin and Dan Pickering discussed volatility, diversification, and returns in energy markets with Julie Fine at the Bloomberg Energy Security Executive Briefing 2026 in Houston. The event was hosted by Bloomberg.