The fallout from Russia’s war in Ukraine has disrupted the global energy market and hiked the price of fuel nearly everywhere around the world. In Europe, which finds itself caught between efforts to cut itself off from Russian oil and Moscow’s firm grip on energy exports, the repercussions of today’s energy crisis are acute. How much control does the United States have, and does it require the United States to lean on the shoulder of illiberal partners like Saudi Arabia? Emma Ashford joins the Eurasia Group Foundation’s Mark Hannah to discuss her new book Oil, the State, and War and explore commonly held misconceptions on oil’s influence on foreign policy. Mark and Emma also break down America’s efforts to address the energy crisis, green energy’s potential impact on geopolitics, and the tangled web that is the global energy market.

Listen to the discussion hosted by the Eurasia Group Foundation.