Deal or no deal, energy markets may never return to normal

Kevin Birn, oil analyst and head of carbon research with S&P Global, says the conflict in Iran has permanently altered global energy markets, pushing countries to prioritize energy security and supply diversification. Even if a peace deal is struck and the Strait of Hormuz reopens immediately, he argues it could still take months to reconnect damaged supply chains, clear vessel backlogs, and restore disrupted production across the region.The Hub is Canada’s fastest-growing independent digital news outlet.Subscribe to our YouTube channel to get our latest videos: https://www.youtube.com/@TheHubCanadaSubscribe to The Hub’s podcast feed to get our best content when you are on the go:https://tinyurl.com/3a7zpd7e (Apple) https://tinyurl.com/y8akmfn7 (Spotify) Want more Hub? Get a FREE 3-month trial membership on us: https://thehub.ca/free-trial/Follow The Hub on X: https://x.com/thehubcanada?lang=en CREDITS:Falice Chin - Host, Producer, and Editor Amal Attar-Guzman - Video AssistantMark Schiefelbein/AP Photo - Photo Credit Hosted on Acast. See acast.com/privacy for more information.