Foreign Policy Live

Why the Energy Crisis Isn’t Worse—Yet

July 30, 2026·43 min
Episode Description from the Publisher

The ongoing war in Iran has been called the biggest energy crisis in history. How is it changing the plans of countries and companies? Which changes will be permanent? Ravi turns to Daniel Yergin, the world’s foremost expert of the oil industry and its history. Yergin is the vice chairman of S&P Global and the author of The Prize, The Quest and, most recently, The New Map: Energy, Climate, and the Clash of Nations. Plus, Ravi shares his read on the expanding conflict in the Middle East. Philip H. Gordon: There’s Only One Way Out of Trump’s Reckless War Allison Minor and Nate Swanson: How to End the Iran War Fatih Birol: The Global Energy Map Is Being Redrawn in Real Time Michael Hirsh: How the Iran War Reshaped the Global Landscape of Power  John V. Bowlus: Escaping the Hormuz Trap Ali Ahmadi: The Oil Market Is Much More Vulnerable Than Trump Believes Learn more about your ad choices. Visit megaphone.fm/adchoices

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