The Latest Breaking News from Brett Erickson

Another Gas Price Shock Could Be Coming As Analysts Warn Oil Disruptions Are Deepening

American drivers could soon face another wave of higher fuel costs as analysts warn that worsening disruptions in global oil markets may push gasoline and diesel prices sharply higher.

Latin Times · Sep 17

US hits Cuba with new sanctions as island's crises multiply

The United States has imposed new sanctions on Cuba, targeting its oil industry and individuals. These measures aim to further strain the island's already struggling economy. Cuba's government condemned the sanctions, calling them collective punishment and genocide. Cuban citizens are experiencing prolonged power outages and water shortages due to the…

The Economic Times · Sep 4

‘This is obviously a very, very lucrative business for them’: Somali pirates are back—the Iran war is keeping the US too busy to stop them

Brett Erickson, a managing principal at Obsidian Risk Advisors, says Somali pirates have a lower risk of American retaliation because of resources in the Middle East.

Fortune · Aug 25

Trump Lets Americans Buy Iranian Oil for the First Time Since the 1980s

As part of peace negotiations, the U.S. Treasury issued an unprecedented total waiver from Iranian oil sanctions.

Reason · Jun 23