Oil and the Iran War: How Bad Can It Get?
Carnegie Endowment
39,686 views
At the beginning of the U.S.-Iran war, a belief it would be a short conflict, combined with significant pre-war supply, held oil prices down. But reality has now intruded. Two of the planet's most important choke points—the Strait of Hormuz and Bab Al-Mandeb—are no longer free and unfettered; six months of lost supply is eroding commercial and strategic reserves; and the cost of diesel fuel is up and refining capacity is down.
As we enter the seventh month of the conflict, what is the present state of the flow of oil, natural gas, and other hydrocarbons? What do the next few months hold for energy security, global supply and price? Is a deal to restore pre-war oil flow, and the work needed to restore production capacity, even possible?
Join Aaron David Miller as he engages Helima Croft, managing director and global head of commodity strategy at RBC Capital Markets, in a wide-ranging conversation about the geopolitics and economics of the Iran war and its impact on global oil supply, on the next Carnegie Connects.
Like and subscribe to our channel: https://bit.ly/38sljlH
The Carnegie Endowment for International Peace generates strategic ideas and independent analysis, supports diplomacy, and trains the next generation of international scholar-practitioners to help countries and institutions take on the most difficult global problems and advance peace.
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20 Comments
It's also great to see Helima back in a public forum.
Since LBJ roasted Leland Olds in a Senate Hearing,
the Gas Company Investors have found profits from owning politicians.
The LNG now being sold to Europe appears to come from US and not Qater.
How much profits from the sales will go to growing capacity in the USA?
How much can the US Suppliers profit without Qatar selling a large portion of the Gas.
Oil and the Iran War: How Bad Can It Get?
Carnegie Endowment
39,686 views
At the beginning of the U.S.-Iran war, a belief it would be a short conflict, combined with significant pre-war supply, held oil prices down. But reality has now intruded. Two of the planet's most important choke points—the Strait of Hormuz and Bab Al-Mandeb—are no longer free and unfettered; six months of lost supply is eroding commercial and strategic reserves; and the cost of diesel fuel is up and refining capacity is down.
As we enter the seventh month of the conflict, what is the present state of the flow of oil, natural gas, and other hydrocarbons? What do the next few months hold for energy security, global supply and price? Is a deal to restore pre-war oil flow, and the work needed to restore production capacity, even possible?
Join Aaron David Miller as he engages Helima Croft, managing director and global head of commodity strategy at RBC Capital Markets, in a wide-ranging conversation about the geopolitics and economics of the Iran war and its impact on global oil supply, on the next Carnegie Connects.
Like and subscribe to our channel: https://bit.ly/38sljlH
The Carnegie Endowment for International Peace generates strategic ideas and independent analysis, supports diplomacy, and trains the next generation of international scholar-practitioners to help countries and institutions take on the most difficult global problems and advance peace.
Visit our website: https://carnegieendowment.org/
Follow us on X: https://x.com/CarnegieEndow
Follow us on Instagram: Instagram: carnegieendow