About this episode

Will Brown and Adam Eagleston discuss the impact of geopolitical tensions in the Middle East on the global economy and energy markets.

In this episode of Tea and Crumpets, Will Brown and Adam Eagleston dive into a rapidly evolving geopolitical and economic landscape shaped by escalating tensions in the Middle East. With a fragile ceasefire in place and ongoing uncertainty surrounding key shipping routes like the Strait of Hormuz, the conversation explores how quickly conditions on the ground, and in the markets, are shifting. They highlight the difficulty of interpreting real-time information in an environment flooded with conflicting narratives and misinformation. At the center of the discussion is the global energy market, where disruptions to oil supply chains are already creating ripple effects. Will and Adam unpack the complexities of oil pricing, the divergence between spot and futures markets, and the downstream consequences for inflation, supply chains, and consumer costs. They explain how restricted access to critical shipping lanes and selective distribution of oil are distorting global trade flows, while also emphasizing how energy shocks historically increase the likelihood of recession. Beyond energy, the episode expands into broader economic risks, including weakening consumer sentiment, a…

People in this episode

Hosts: Will Brown, Adam Eagleston

Topics covered

• geopolitical tensions
• energy market
• oil supply chains
• economic risks
• inflation
• consumer sentiment

Keywords

• geopolitical conflict
• oil pricing
• inflation
• supply chains
• consumer costs
• recession
• financial system fragility

Mentioned in this episode

Organizations: global energy market, AI

Places: Middle East, Strait of Hormuz

More episodes of Tea and Crumpets

• Summer Kickoff · June 23, 2026 · 25 min
• Epic Furry · June 4, 2026 · 48 min
• 100th Episode Spectacular, or Irrationally Optimistic (Part 1) · May 7, 2026 · 38 min
• 100th Episode Spectacular, or Irrationally Optimistic (Part 2) · May 7, 2026 · 43 min
• We Interrupt This Podcast… · April 1, 2026 · 45 min
• Oil, Private Credit, and A.I. · March 11, 2026 · 1h 0m

Explore listener stats, chart rankings, contacts and more on the Tea and Crumpets podcast page.