<description> &lt;p&gt;&lt;em&gt;Join us for our annual Summits in Singapore,&amp;nbsp;Houston&amp;nbsp;and London:&amp;nbsp;&lt;/em&gt;&lt;a target="_blank" rel="noopener noreferrer nofollow" classname="text-underline" href="https://rystad.info/3SfZuBC"&gt;&lt;em&gt;https://rystad.info/3SfZuBC&lt;/em&gt;&lt;/a&gt;&lt;em&gt;&amp;nbsp;&lt;/em&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;em&gt;Let’s&amp;nbsp;Talk&amp;nbsp;Energy and&amp;nbsp;assess&amp;nbsp;the&amp;nbsp;possible&amp;nbsp;long-term&amp;nbsp;impacts&amp;nbsp;of the war in the Middle East.&amp;nbsp;The conflict&amp;nbsp;has brought the geopolitics of energy and near-term market disruptions into sharp focus, as the world struggles with higher&amp;nbsp;oil and natural gas prices and tighter supplies overall.&amp;nbsp;&lt;/em&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;em&gt;But underlying fundamentals, which pointed to growing oversupply in both oil and,&amp;nbsp;to a lesser extent,&amp;nbsp;gas markets,&amp;nbsp;persist despite war-driven distortions.&amp;nbsp;&lt;/em&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;em&gt;And while no one can predict how long it could take for the US and Iran to reach an agreement to resolve the war, the two sides continue to negotiate and – at times – say they are making progress.&lt;/em&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;em&gt;How long could the war-driven shortages and price inflation that we see today persist after the US and Iran reach some sort of agreement to end the conflict and fully re-open the Strait of Hormuz?&lt;/em&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;em&gt;What changes to energy trade flows or policies could be more lasting and what shifts might be less durable as countries and markets digest this shock and steel themselves against future ones?&lt;/em&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;em&gt;Which factors will be most important to watch to determine how the world ultimately recovers from a massive shock to the energy system?&lt;/em&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Related Analysis&lt;/strong&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://portal.rystadenergy.com/article-detail/719383?qid=5e6c6eba62b2b08c895bec4ca74f6229&amp;amp;oid=doc_719383"&gt;House View Report – Third Edition&lt;/a&gt;&amp;nbsp;(clients only) &amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://www.rystadenergy.com/insights/house-view-interim-report"&gt;House View Report&lt;/a&gt;&amp;nbsp;(available to non-clients)&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://portal.rystadenergy.com/article-detail/715219?qid=5e6c6eba62b2b08c895bec4ca74f6229&amp;amp;oid=doc_715219"&gt;Qatar and UAE LNG outlook shifts with new House View scenarios&lt;/a&gt;&amp;nbsp;(clients only)&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://www.rystadenergy.com/insights/middle-east-crisis-delays-but-wont-derail-the-renewable-transition"&gt;Middle East crisis delays but won't derail the renewable transition&lt;/a&gt;&amp;nbsp;(available to non-clients)&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://portal.rystadenergy.com/article-detail/719687?qid=59ee3ae4b7d5f2fba25a0256abb18f4a&amp;amp;oid=doc_719687"&gt;Navigator: A busy China&lt;/a&gt;&amp;nbsp;(clients only)&amp;nbsp;&lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Related Episodes&amp;nbsp;&lt;/strong&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://www.rystadenergy.com/podcasts/energy-insecurity-is-changing-the-case-for-renewables-with-vegard-vollset"&gt;Energy insecurity is changing the case for renewables&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://www.rystadenergy.com/podcasts/asias-oil-scramble-is-reshaping-crude-markets-with-lin-ye-and-priya-walia"&gt;Asia's oil scramble is reshaping crude markets&lt;/a&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://www.rystadenergy.com/podcasts/jet-fuel-markets-and-the-middle-east-war-with-susan-bell"&gt;Jet fuel markets and the Middle East war&lt;/a&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://www.rystadenergy.com/podcasts/why-iranian-oil-could-be-the-biggest-energy-story-of-the-decade"&gt;Why Iranian oil could be the biggest energy story of the decade&lt;/a&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;Let’s Talk Energy is a &lt;a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="http://www.rystadenergy.com/"&gt;Rystad Energy&lt;/a&gt; Production. &amp;nbsp;&amp;nbsp;&lt;br&gt; Produced by Elliot Busby &amp;amp;&amp;nbsp;&lt;a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://badeog.no/"&gt;Både Og&lt;/a&gt;. &amp;nbsp;&amp;nbsp;&lt;br&gt; Executive producers: Noah Brenner, Elliot Busby, Evodie Fleury-Greaker &amp;amp; Erik Means. &amp;nbsp;&amp;nbsp;&lt;br&gt; Follow us on:&amp;nbsp;&amp;nbsp;&lt;br&gt; &lt;a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://www.linkedin.com/company/rystad-energy/"&gt;LinkedIn&lt;/a&gt; &amp;nbsp;&amp;nbsp;&lt;br&gt; &lt;a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://www.youtube.com/@Rystad.Energy"&gt;YouTube&lt;/a&gt; &amp;nbsp;&amp;nbsp;&lt;br&gt; &lt;a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://www.instagram.com/rystad_energy/"&gt;Instagram&lt;/a&gt; &amp;nbsp;&amp;nbsp;&lt;br&gt; &lt;a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://x.com/RystadEnergy"&gt;X&lt;/a&gt; &amp;nbsp;&lt;/p&gt; </description>

Let's Talk Energy

Rystad Energy

How the worst oil crisis ever recorded could end in energy abundance, with Claudio Galimberti

JUN 3, 202635 MIN
Let's Talk Energy

How the worst oil crisis ever recorded could end in energy abundance, with Claudio Galimberti

JUN 3, 202635 MIN

Description

<p><em>Join us for our annual Summits in Singapore,&nbsp;Houston&nbsp;and London:&nbsp;</em><a target="_blank" rel="noopener noreferrer nofollow" classname="text-underline" href="https://rystad.info/3SfZuBC"><em>https://rystad.info/3SfZuBC</em></a><em>&nbsp;</em>&nbsp;</p><p><em>Let’s&nbsp;Talk&nbsp;Energy and&nbsp;assess&nbsp;the&nbsp;possible&nbsp;long-term&nbsp;impacts&nbsp;of the war in the Middle East.&nbsp;The conflict&nbsp;has brought the geopolitics of energy and near-term market disruptions into sharp focus, as the world struggles with higher&nbsp;oil and natural gas prices and tighter supplies overall.&nbsp;</em>&nbsp;</p><p><em>But underlying fundamentals, which pointed to growing oversupply in both oil and,&nbsp;to a lesser extent,&nbsp;gas markets,&nbsp;persist despite war-driven distortions.&nbsp;</em>&nbsp;</p><p><em>And while no one can predict how long it could take for the US and Iran to reach an agreement to resolve the war, the two sides continue to negotiate and – at times – say they are making progress.</em>&nbsp;</p><p><em>How long could the war-driven shortages and price inflation that we see today persist after the US and Iran reach some sort of agreement to end the conflict and fully re-open the Strait of Hormuz?</em>&nbsp;</p><p><em>What changes to energy trade flows or policies could be more lasting and what shifts might be less durable as countries and markets digest this shock and steel themselves against future ones?</em>&nbsp;</p><p><em>Which factors will be most important to watch to determine how the world ultimately recovers from a massive shock to the energy system?</em>&nbsp;</p><p>&nbsp;</p><p><strong>Related Analysis</strong>&nbsp;</p><p><a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://portal.rystadenergy.com/article-detail/719383?qid=5e6c6eba62b2b08c895bec4ca74f6229&amp;oid=doc_719383">House View Report – Third Edition</a>&nbsp;(clients only) &nbsp;</p><p><a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://www.rystadenergy.com/insights/house-view-interim-report">House View Report</a>&nbsp;(available to non-clients)&nbsp;</p><p><a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://portal.rystadenergy.com/article-detail/715219?qid=5e6c6eba62b2b08c895bec4ca74f6229&amp;oid=doc_715219">Qatar and UAE LNG outlook shifts with new House View scenarios</a>&nbsp;(clients only)&nbsp;</p><p><a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://www.rystadenergy.com/insights/middle-east-crisis-delays-but-wont-derail-the-renewable-transition">Middle East crisis delays but won't derail the renewable transition</a>&nbsp;(available to non-clients)&nbsp;</p><p><a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://portal.rystadenergy.com/article-detail/719687?qid=59ee3ae4b7d5f2fba25a0256abb18f4a&amp;oid=doc_719687">Navigator: A busy China</a>&nbsp;(clients only)&nbsp;</p><p>&nbsp;</p><p><strong>Related Episodes&nbsp;</strong>&nbsp;</p><p><a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://www.rystadenergy.com/podcasts/energy-insecurity-is-changing-the-case-for-renewables-with-vegard-vollset">Energy insecurity is changing the case for renewables</a></p><p><a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://www.rystadenergy.com/podcasts/asias-oil-scramble-is-reshaping-crude-markets-with-lin-ye-and-priya-walia">Asia's oil scramble is reshaping crude markets</a>&nbsp;</p><p><a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://www.rystadenergy.com/podcasts/jet-fuel-markets-and-the-middle-east-war-with-susan-bell">Jet fuel markets and the Middle East war</a>&nbsp;</p><p><a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://www.rystadenergy.com/podcasts/why-iranian-oil-could-be-the-biggest-energy-story-of-the-decade">Why Iranian oil could be the biggest energy story of the decade</a>&nbsp;</p><p>&nbsp;</p><p>Let’s Talk Energy is a <a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="http://www.rystadenergy.com/">Rystad Energy</a> Production. &nbsp;&nbsp;<br> Produced by Elliot Busby &amp;&nbsp;<a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://badeog.no/">Både Og</a>. &nbsp;&nbsp;<br> Executive producers: Noah Brenner, Elliot Busby, Evodie Fleury-Greaker &amp; Erik Means. &nbsp;&nbsp;<br> Follow us on:&nbsp;&nbsp;<br> <a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://www.linkedin.com/company/rystad-energy/">LinkedIn</a> &nbsp;&nbsp;<br> <a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://www.youtube.com/@Rystad.Energy">YouTube</a> &nbsp;&nbsp;<br> <a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://www.instagram.com/rystad_energy/">Instagram</a> &nbsp;&nbsp;<br> <a target="_blank" rel="noreferrer noopener" class="Hyperlink SCXW13017607 BCX0 OWAAutoLink" classname="text-underline" href="https://x.com/RystadEnergy">X</a> &nbsp;</p>