On the 50th anniversary of the first oil shock that led to the price of a barrel of oil quadrupling, the ongoing Israel-Hamas conflict has put the Middle East on the brink just as it did in 1973. Beyond the ever-rising body count, chances of a bigger global economic downturn have gone up. With the region being the world’s largest energy producer, price volatility can have bigger implications on growth and inflation, especially for large energy guzzlers like India. From geopolitics to energy economics and the impact on the upcoming green agenda of Cop28, host Arijit Barman gets answers from an energy expert who has served as George Bush Junior’s top energy advisor both on the National Economic Council and the National Security Council at the White House. Catch a candid conversation with Robert McNally, Founder of Rapidan Energy and author of Crude Volatility: The History and the Future of Boom-Bust Oil Prices on this episode of The Morning Brief podcast!
If you like this episode from Arijit Barman, check out his other interesting episodes on Mohamed Alabbar: Beyond Emaar, Burj Khalifa & Dubai, IPL STUMPVISION: Is Disney’s STAR still shining?, How fast can Apple bite into India?, Breaking The Taboo: Time To Regulate And Bet On Betting? And more!
If you like this topic, here are some recommendations from TMB: Kremlin & Crude: India's oil bill lower but fuel bills still running high, Lithium: India's Quest for White Gold, The Uncertain Fate Of Asia’s Largest Refinery, India plays bad cop to developed world at COP27, E-20 Explained: The blender’s pride or bane? and more!
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