View from the Gulf: Nader Itayim on Iran’s "Existential War" and the 8 Million Barrel Shutdown

Oil Ground Up · Mar 13, 2026 · 1h 4m

Nader Itayim of Argus Media joins the Oil Ground Up podcast to analyze the unprecedented escalation of the direct conflict between Iran, Israel, and the United States and its devastating impact on global energy markets. The discussion explores how Iran has transitioned from decades of "proxy warfare" to what leadership now describes as an "existential war," abandoning its traditional "strategic patience" in favor of lashing out to create maximum economic chaos. Itayim details the severe physical disruptions to the market, revealing that nearly 8 million barrels per day have been shut in…