The oil reserves dwindle
5/21/202622 min
As the Iran war hits three months, oil and gas reserves are running out. Today on the show, Katie Martin speaks with the FT’s energy editor Malcolm Moore about what happens when the world’s energy supply buffers are gone. Also, they go long “lower-value” human capital and short barnacles.
For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer.
You can email Robert Armstrong and Katie Martin at unhedged@ft.com.
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.
Clips
Transcript preview
First 90 secondsSpeaker 10:00
[upbeat music] From globalization to innovation, sustainability to market volatility, there's always more than one side to a story. Explore different perspectives on today's most important business and economic issues with the Flip Side podcast from Barclays Investment Bank. Hear two research analysts in a lively debate, and get insights from every angle to further inform your view. Listen to the Flip Side on your favorite platform.
Katie Martin· Host0:24
[upbeat music] Pushkin. You are not imagining it. The war in Iran is still going on. The Strait of Hormuz is still mostly blocked, and oil is still trading above $100 a barrel. This has now been going on for nearly three months. Nearly 80 countries have introduced some kind of emergency measures to protect their economies from higher energy prices. But the world is mostly merrily getting through its oil reserves. Hmm. Today on the show, are we getting close to a tipping point? Do reserves hit a low point and send oil prices screaming higher? This is Unhedged, the markets and finance podcast from the Financial Times and Pushkin. I'm Katie Martin, a markets columnist at FT Towers in London, where we have a long weekend ahead. And yes, people, the forecast is sunshine.