April 28, 2026

Isabella Weber and Gregor Semieniuk, have written a new piece for Project Syndicate. "As the world is plunged into another energy crisis, market allocation is leading to grossly unjust outcomes, as the rich outbid the poor. A multilateral oil buyers' club is urgently needed to defend a price ceiling in global oil markets and allocate resources in a way that meets people’s essential needs and minimizes the economic fallout."