25: Inside the Iran War’s Impact on Global Energy Markets

The conflict in Iran is sending shock waves through global energy markets, tightening supplies, driving up prices, and placing energy security at the center of strategic and economic considerations. On this episode of “Baker Briefing,” Ambassador David M. Satterfield, director of Rice University’s Baker Institute for Public Policy, and Kenneth B. Medlock III, director of the Baker Institute Center for Energy Studies, examine developments following U.S. and Israeli strikes that began on Feb. 28. They discuss potential impacts on energy flows, country responses, and what the evolving dynamics could mean for the global economy in the weeks and months ahead. This conversation was recorded in front of a live studio audience on March 27, 2026. Learn about future live recordings of the “Baker Briefing” podcast by subscribing to our “Events Digest” newsletter at https://www.bakerinstitute.org/newsletter.   Listen and subscribe to “Baker Briefing” on Apple, Spotify, or your preferred podcast platform.   You can follow @BakerInstitute on X, Instagram, LinkedIn, and YouTube. Learn more about our data-driven, nonpartisan policy research and analysis at bakerinstitute.org.