Pump and circumstance: is China the new OPEC? episode artwork

EPISODE · Aug 12, 2026 · 20 MIN

Pump and circumstance: is China the new OPEC?

from The Intelligence from The Economist

The Iran war triggered the largest supply shock in the history of petroleum, yet prices never rose as high as feared. Our correspondent explains how action taken by China steadied global oil flows. Why Brazil has such strict laws on racist language. And the legendary lager of Laos. Guests and host:Matthieu Favas, commodities editorAna Lankes, Brazil bureau chiefVishnu Padmanabhan, Asia correspondent Rosie Blau, co-host of “The Intelligence”Jason Palmer, co-host of “The Intelligence”Topics covered: China, Iran, oil supplies, OPEC, crudeBrazil, hate speech, racismLaos, Beerlao, beer, lagerListen to what matters most, from global politics and business to science and technology—subscribe to The Economist. Hosted on Acast. See acast.com/privacy for more information.

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Pump and circumstance: is China the new OPEC?

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