War and $100 Oil

https://youtu.be/7CWU0Yyht6Q Recorded March 12, 2026 Episode 152 of the PetroNerds podcast is a one hour deep dive on the war in Iran, $100 oil prices, and the events that have taken place in the Middle East since February 28, 2026.  Trisha Curtis, CEO of PetroNeds and host of the PetroNerds podcast, is joined by Jason Isaac, President of the American Energy Institute.  Jason asks Trisha why the market did not appropriately price in geopolitical risk before the war, especially with the atrocities and executions in Iran.  Trisha walks listeners through the war in Iran and Iran’s attacks on its Middle East neighbors, the effective closure of the Strait of Hormuz, shut-in barrels in the Middle East, and the impact on near-term oil prices.  Trisha and Jason discuss the importance of US oil production, energy security and maintaining US energy dominance in oil, natural gas, and coal.  They also discuss Europe’s exposure to the Middle East and rising oil and natural gas prices.  Trisha discusses the chaos within Iranian leadership and whether or not the new leader is actually leading.  Click to read the article and opinion piece referenced by Trisha Curtis, “The United States Must Maintain Oil Investment Amid Global Instability.” Trisha Curtis is also the Chief Economist of the American Energy Institute.