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

Join us for our annual Summits in Singapore, Houston and London: https://rystad.info/3SfZuBC  Let’s Talk Energy and assess the possible long-term impacts of the war in the Middle East. The conflict has brought the geopolitics of energy and near-term market disruptions into sharp focus, as the world struggles with higher oil and natural gas prices and tighter supplies overall.  But underlying fundamentals, which pointed to growing oversupply in both oil and, to a lesser extent, gas markets, persist despite war-driven distortions.  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. 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? 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? Which factors will be most important to watch to determine how the world ultimately recovers from a massive shock to the energy system?  Related Analysis House View Report – Third Edition (clients only)  House View Report (available to non-clients) Qatar and UAE LNG outlook shifts with new House View scenarios (clients only) Middle East crisis delays but won't derail the renewable transition (available to non-clients) Navigator: A busy China (clients only)  Related Episodes  Energy insecurity is changing the case for renewablesAsia's oil scramble is reshaping crude markets Jet fuel markets and the Middle East war Why Iranian oil could be the biggest energy story of the decade  Let’s Talk Energy is a Rystad Energy Production.    Produced by Elliot Busby & Både Og.    Executive producers: Noah Brenner, Elliot Busby, Evodie Fleury-Greaker & Erik Means.    Follow us on:   LinkedIn    YouTube    Instagram    X