Analysis & Opinions - Bloomberg Opinion

Oil's Collapse Is a Geopolitical Reset In Disguise

| Apr. 29, 2020

The world is on the cusp of a geopolitical reset. The global pandemic could well undermine international institutions, reinforce nationalism and spur de-globalization. But far-sighted leadership could also rekindle cooperation, glimmers of which appeared in the G-20’s offer of debt relief for some of the world’s poorest countries, a joint plea from more than 200 former national leaders for a more coordinated pandemic response and an unprecedented multinational pact to arrest the crash in oil markets.  

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For more information on this publication: Belfer Communications Office
For Academic Citation: O'Sullivan, Meghan.“Oil's Collapse Is a Geopolitical Reset In Disguise.” Bloomberg Opinion, April 29, 2020.

The Author

Meghan O'Sullivan

Meghan L. O'Sullivan

  • Jeane Kirkpatrick Professor of the Practice of International Affairs, Harvard Kennedy School
  • Member of the Board, Belfer Center
  • Faculty Affiliate, Middle East Initiative
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