The Oil Industry Will Never Be the Same

About this episode

Rob and Karim discuss the ongoing energy crisis stemming from the U.S.-Israeli war on Iran and its implications for the oil industry and climate change.

We are now nearly a month into the U.S.-Israeli war on Iran. The conflict has lasted much longer than some energy experts initially expected — and it has built up an unprecedented crisis that is set to cascade from Asia to the rest of the world. On this episode of Shift Key, Rob chats in Houston with  Karim Fawaz , an oil and refineries expert and a director in the energy and natural resources group at S&P Global Energy. Rob and Karim discuss whether the world is already locked into an energy crisis — even if Trump ends the war now. They also talk about why jet fuel has been particularly hard hit and how this crisis could reshape the long-term trajectory of the energy industry — and even of climate change itself. This episode was recorded on the sidelines of CERAWeek by S&P Global, the big annual energy conference in Houston, Texas. Shift Key is hosted by Robinson Meyer, the founding executive editor of Heatmap News. You can find a full transcript of the episode here . Mentioned: Previously on Shift Key:  Why the Iran War Is a Warning for Natural Gas Also on Heatmap:  The Energy Supply Shock of the Iran War Changes Everything -- This episode of Shift Key is…

People in this episode

Host: Robinson Meyer

Guest: Karim Fawaz

Topics covered

• energy crisis
• oil industry
• U.S.-Israeli war
• climate change
• jet fuel
• CERAWeek

Keywords

• energy crisis
• oil industry
• jet fuel
• Iran war
• climate change
• CERAWeek
• S&P Global

Sponsors

Yale

Mentioned in this episode

Organizations: S&P Global Energy

Books & works: Shift Key

Places: U.S., Iran, Asia, Houston, Texas

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