Volatile stock market and the potential disruption of Middle East oil supply episode artwork

EPISODE · Jan 8, 2020 · 28 MIN

Volatile stock market and the potential disruption of Middle East oil supply

from Business Extra · host The National News

Uncertainty over US-Iran tensions have led investors to take - at least for the moment - a risk-off stance. Stock markets are volatile and gold is at a six-year high while US treasury yields are rising. Meanwhile, oil prices have spiked amid concerns over the potential disruption to Middle East supply. All in all, it is a delicate time for local, regional and global economies.      Host Mustafa Alrawi, assistant editor-in-chief, and Kelsey Warner, future editor of The National, talk to Robin Mills, chief executive of Qamar Energy and columnist, about the energy landscape and dig into the risks to economic growth in the region. Jennifer Gnana, The National's energy correspondent, also talks to Randy Bell, director of the global energy centre at the Atlantic Council ahead of the Global Energy Forum in Abu Dhabi. In this episode: Supply disruption and Chevron, Erbil (0m 43s) What about China? (11m 02s) Saudi Aramco and diversification (13m 00s) Sustainability and the future of US energy policy (20m 12s) Headlines (27m 29s) Read more on our website: • Oil and gold prices climb on the back of Iran strikes • Oil may rise to hit $75 per barrel on Middle East tensions • Global stock drop may prove 'a temporary scare' amid escalating tensions in the Middle East • US oil workers leave Iraq following the assassination of Iran's top commander • Saudi Arabia’s non-oil economy grows on new orders and employment • Uber completes $3.1 billion deal to buy Dubai's Careem • Samsung jumps into crowded smart speaker and augmented-reality glasses market

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