![Kuwaiti traders follow stock prices at Boursa Kuwait stock market, in Kuwait City on January 6, 2020. - Gulf stock markets were hit by a panicky sell-off amid Iranian vows of retaliation over the US killing of top military commander Qasem Soleimani, with all seven markets in the Gulf Cooperation Council (GCC) states closing in the red on the first trading day since the US attack. (Photo by YASSER AL-ZAYYAT / AFP) (Photo by YASSER AL-ZAYYAT/AFP via Getty Images)](/sites/default/files/styles/article_header/public/almpics/2020/04/GettyImages-1192030627.jpg/GettyImages-1192030627.jpg?h=a5ae579a&itok=prv8eGid)
![Karen Young](/sites/default/files/styles/large/public/2023-05/headshot%20Karen.jpg?h=55541bb6&itok=aM-nbPdI)
In Washington, DC, reporting on regional energy
Karen E. Young is a senior research scholar at the Center on Global Energy Policy at Columbia University. On Twitter: @professorkaren
![Kuwaiti traders follow stock prices at Boursa Kuwait stock market, in Kuwait City on January 6, 2020. - Gulf stock markets were hit by a panicky sell-off amid Iranian vows of retaliation over the US killing of top military commander Qasem Soleimani, with all seven markets in the Gulf Cooperation Council (GCC) states closing in the red on the first trading day since the US attack. (Photo by YASSER AL-ZAYYAT / AFP) (Photo by YASSER AL-ZAYYAT/AFP via Getty Images)](/sites/default/files/styles/article_header/public/almpics/2020/04/GettyImages-1192030627.jpg/GettyImages-1192030627.jpg?h=a5ae579a&itok=prv8eGid)
![A general view of Business Bay area, after a curfew was imposed to prevent the spread of the coronavirus disease (COVID-19), in Dubai, United Arab Emirates, March 28, 2020. REUTERS/Satish Kumar - RC2VSF94JGLQ](/sites/default/files/styles/article_header/public/almpics/2020/04/RTS37GOM.jpg/RTS37GOM.jpg?h=a5ae579a&itok=d8VLu-3H)
![Karen Young](https://www.al-monitor.com/sites/default/files/styles/large/public/2023-05/headshot%20Karen.jpg?h=55541bb6&itok=aM-nbPdI)
Karen Young
In Washington, DC, reporting on regional energy
![Travellers wear masks as they arrive at the Dubai International Airport, after the UAE's Ministry of Health and Community Prevention confirmed the country's first case of coronavirus, in Dubai, United Arab Emirates January 29, 2020. REUTERS/Christopher Pike - RC2LPE9ORR0A](/sites/default/files/styles/article_header/public/almpics/2020/03/RTS2ZYMO.jpg/RTS2ZYMO.jpg?h=a5ae579a&itok=8769xbPo)
![Karen Young](https://www.al-monitor.com/sites/default/files/styles/large/public/2023-05/headshot%20Karen.jpg?h=55541bb6&itok=aM-nbPdI)
Karen Young
In Washington, DC, reporting on regional energy
![RTS2TGSL.jpg](/sites/default/files/styles/article_header/public/almpics/2020/01-1/RTS2TGSL.jpg/RTS2TGSL.jpg?h=a5ae579a&itok=hbeqcd3i)
![Karen Young](https://www.al-monitor.com/sites/default/files/styles/large/public/2023-05/headshot%20Karen.jpg?h=55541bb6&itok=aM-nbPdI)
Karen Young
In Washington, DC, reporting on regional energy
![RTS2TI2O.jpg](/sites/default/files/styles/article_header/public/almpics/2019/12/RTS2TI2O.jpg/RTS2TI2O.jpg?h=1d34674f&itok=eS-CPF2p)
![Karen Young](https://www.al-monitor.com/sites/default/files/styles/large/public/2023-05/headshot%20Karen.jpg?h=55541bb6&itok=aM-nbPdI)
Karen Young
In Washington, DC, reporting on regional energy
![A sign of Saudi Aramco's initial public offering (IPO) is seen during a news conference by the state oil company at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019. REUTERS/Hamad I Mohammed TPX IMAGES OF THE DAY - RC1925242170](/sites/default/files/styles/article_header/public/almpics/2019/09/RTX775VM.jpg/RTX775VM.jpg?h=a5ae579a&itok=jqqOdMEL)
![Karen Young](https://www.al-monitor.com/sites/default/files/styles/large/public/2023-05/headshot%20Karen.jpg?h=55541bb6&itok=aM-nbPdI)
Karen Young
In Washington, DC, reporting on regional energy
![A damaged pipeline is seen at Saudi Aramco oil facility in Khurais, Saudi Arabia, September 20, 2019. REUTERS/Hamad l Mohammed - RC1220EF8C60](/sites/default/files/styles/article_header/public/almpics/2019/10/RTX73SUO.jpg/RTX73SUO.jpg?h=a5ae579a&itok=9hnaMI24)
![Karen Young](https://www.al-monitor.com/sites/default/files/styles/large/public/2023-05/headshot%20Karen.jpg?h=55541bb6&itok=aM-nbPdI)
Karen Young
In Washington, DC, reporting on regional energy
![Smoke is seen following a fire at Aramco facility in the eastern city of Abqaiq, Saudi Arabia, September 14, 2019. REUTERS/Stringer - RC18BDE58360](/sites/default/files/styles/article_header/public/almpics/2019/09/RTX72W12.jpg/RTX72W12.jpg?h=a5ae579a&itok=SvjiElYo)
![Karen Young](https://www.al-monitor.com/sites/default/files/styles/large/public/2023-05/headshot%20Karen.jpg?h=55541bb6&itok=aM-nbPdI)
Karen Young
In Washington, DC, reporting on regional energy
![RTS11S6Y.jpg](/sites/default/files/styles/article_header/public/almpics/2019/08/RTS11S6Y.jpg/RTS11S6Y.jpg?h=a5ae579a&itok=jYlgUT4Y)
![Karen Young](https://www.al-monitor.com/sites/default/files/styles/large/public/2023-05/headshot%20Karen.jpg?h=55541bb6&itok=aM-nbPdI)
Karen Young
In Washington, DC, reporting on regional energy
![Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed Al Nahyan and Chinese President Xi Jinpin applaud as they witness a signing ceremony at the Great Hall of the People in Beijing, Monday, July 22, 2019. Andy Wong/Pool via REUTERS - RC1F7C215B10](/sites/default/files/styles/article_header/public/almpics/2019/08/RTX70ILQ.jpg/RTX70ILQ.jpg?h=a5ae579a&itok=UhPmpdth)
![Karen Young](https://www.al-monitor.com/sites/default/files/styles/large/public/2023-05/headshot%20Karen.jpg?h=55541bb6&itok=aM-nbPdI)
Karen Young
In Washington, DC, reporting on regional energy
![U.S. Secretary of State Mike Pompeo listens to Chinese Communist Party Office of Foreign Affairs Director Yang Jiechi speak as the two countries hold a joint news conference after participating in a second diplomatic and security meeting at the U.S. Department of State, Washington, U.S., November 9, 2018. REUTERS/Leah Millis - RC152C740580](/sites/default/files/styles/article_header/public/almpics/2019/06/RTS25ASP2.jpg/RTS25ASP2.jpg?h=1d34674f&itok=xXVdhEql)
![Karen Young](https://www.al-monitor.com/sites/default/files/styles/large/public/2023-05/headshot%20Karen.jpg?h=55541bb6&itok=aM-nbPdI)
Karen Young
In Washington, DC, reporting on regional energy
![General view of the Natural Gas Liquids (NGL) facility in Saudi Aramco's Shaybah oilfield at the Empty Quarter in Saudi Arabia May 22, 2018. Picture taken May 22, 2018. REUTERS/Ahmed Jadallah TPX IMAGES OF THE DAY - RC1E18857C40](/sites/default/files/styles/article_header/public/almpics/2019/05/RTX67GWP.jpg/RTX67GWP.jpg?h=a5ae579a&itok=84VCHxLM)
![Karen Young](https://www.al-monitor.com/sites/default/files/styles/large/public/2023-05/headshot%20Karen.jpg?h=55541bb6&itok=aM-nbPdI)
Karen Young
In Washington, DC, reporting on regional energy