Understanding Global Oil Shocks

Understanding Global Oil Shocks

From Talk Cocktail by Jeff Schechtman

April 11, 2026 · 31 min

About this episode

Severin Borenstein discusses the impact of the Iran war on global oil markets and its specific effects on California's prices.

Severin Borenstein , is a professor at UC Berkeley’s Haas School of Business and one of he nations leading experts on the economics of energy. He joins me on this California Sun podcast to explain exactly how the Iran war is disrupting global oil markets and why California especially faces even sharp price impacts. Get full access to Talk Cocktail Podcast at jeffschechtman.substack.com/subscribe

People in this episode

Guest: Severin Borenstein

Topics covered

  • global oil markets
  • Iran war
  • California price impacts
  • economics of energy

Keywords

  • oil shocks
  • energy economics
  • market disruption

Mentioned in this episode

Places: Iran, California

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