Geopolitical risk fatigue?
Montel Weekly
English - January 31, 2024 20:00 - 27 minutes - 19.2 MB - ★★★★★ - 1 ratingBusiness News Business News energy news business market renewables policy environment europe Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Next Episode: Trump looms as geopolitics hots up
Are oil and gas markets too complacent about the current geopolitical risks in the Middle East, which accounts for around one third of global seaborne oil trade? Saul Kavonic, senior research analyst at MST Financial thinks so. In this week's pod, he explains how an escalation of tensions beyond the Hamas-Irael war could see the closure of the Strait of Hormuz and propel oil and LNG prices to USD 200/bbl and USD 100/MMbtu respectively – dwarfing the peaks during the 2022 energy crisis.
Host: Snjólfur Richard Sverrisson, Editor-in-Chief, Montel
Guest: Saul Kavonic, Senior Research Analyst, MST Financial.