Will Trump Tip the Balance in the Saudi- Iranian Rivalry
The recent market share war that brought oil prices down to the $30s was, in many ways, symptom of the
Saudi-Iranian rivalry. Saudi production policy was more about maintaining market share against a returning
Iran than countering shale. The nuclear deal seemed to tip the balance towards Iran. Early indications from
the Trump Administration hint at efforts to tip the balance back towards the Saudis.