Latest / Energy vs Climate: How climate is changing our energy systems
From Straits to Stoves and Tankers to Tables: Iran, Oil and Climate Trade-Offs in a Crisis
The Iran war and the near-closure of the Strait of Hormuz have triggered a major shock to global oil and LNG markets.
Roughly 20 million barrels of oil per day normally move through Hormuz. The IEA says nearly all of that has been disrupted.
Oil and gas prices have surged sharply; and the disruption extends well beyond oil as Qatari LNG exports have been largely severed. Asia is especially exposed, since most Gulf energy exports flow there.
This isn’t just an oil story. It’s a “can people cook dinner” story, a reminder that geopolitics gets real once it enters the kitchen.
In this episode…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.