Roundtable

Is the global oil crisis hitting the 'point of NO return'?

Roundtable

Show Notes

Oil prices have been fluctuating since start of the US-Israeli war on Iran three months ago, hitting a four-year high of $126 in April. How long before prices return to normal or are they at the 'point of no return'?

The partial closure of the Strait of Hormuz due to the conflict in the middle east has severely disrupted global oil and gas supplies.

Governments are burning through emergency reserves at a 'record pace', according to the International Energy Agency. High oil prices are expected soon as supplies dwindle.

As peace talks between Iran and the US stall, what impact is the oil crisis having on global economies - and will prices ever go back to normal?

Joining Enda Brady for this discussion:

Gaurav Sharma Energy Market Analyst

Patrizio Donati Co-founder and Director of Renewable Energy Company Terrawatt

Chris Weafer CEO of Macro Advisory

To access the back catalogue of Roundtable discussions https://www.youtube.com/@RoundtableTRTWorld Hosted on Acast. See acast.com/privacy for more information.

More from Roundtable

Oct 23, 2026

The Israeli public go to the polls next week, for the first time since the war on Gaza began three years ago.

Oct 21, 2026

Spain’s housing crisis has pushed Prime Minister Pedro Sanchez to call a sudden snap election, after his government initially failed to get through emergency laws.

Oct 19, 2026

President Macron is holding crisis talks after violent protests swept the country, after weeks of student demonstrations.

Oct 15, 2026

British Prime Minister Andy Burnham has called for closer cooperation with the European Union, saying "sticking with the status quo is not good enough for Britain".

Oct 13, 2026

In this special episode of Roundtable, Enda Brady speaks to Husam Zomlot, Palestine’s Ambassador to the UK.

See all episodes →