Could OPEC break lead to era of energy volatility? episode artwork

EPISODE · May 4, 2026 · 20 MIN

Could OPEC break lead to era of energy volatility?

from The Take · host Al Jazeera

Iran has attacked a UAE petroleum site in Fujairah, just days after the United Arab Emirates announced it was leaving OPEC. As the Strait of Hormuz crisis deepens and oil prices keep rising, could this accelerate the shift to renewables, or are we heading into an era of energy volatility? In this episode:  Jim Krane (@jimkrane), Co-director of the Middle East Energy Roundtable, Rice University’s Baker Institute for Public Policy Episode credits: This episode was produced by David Enders and Sarí el-Khalili with Chloe K. Li, Catherine Nouhan, Tuleen Barakat, and our guest host, Kevin Hirten. It was edited by Tamara Khandaker.  Our sound designer is Alex Roldan. Our video editors are Hisham Abu Salah and Mohannad al-Melhem. Alexandra Locke is The Take’s executive producer.  Connect with us: @AJEPodcasts on X, Instagram, Facebook, and YouTube

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Could OPEC break lead to era of energy volatility?

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This episode was published on May 4, 2026.

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Iran has attacked a UAE petroleum site in Fujairah, just days after the United Arab Emirates announced it was leaving OPEC. As the Strait of Hormuz crisis deepens and oil prices keep rising, could this accelerate the shift to renewables, or are we...

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