Week Recap: Rising Oil Risks, Inflation, and the Push for Alternative Power

In this episode of the Energy News Beat Daily Standup - Weekly Recap, the hosts, Stuart Turley and Michael Tanner, discusses a volatile week in the energy sector, focusing on the potential impact of escalating tensions between Israel and Iran. A retaliatory strike on Iranian oil infrastructure could cause oil prices to surge, with some predictions of prices reaching $200 per barrel if key oil assets like Kharg Island are targeted. At the same time, geopolitical risks, such as Jamie Dimon's warning of a "treacherous" situation, add uncertainty to global energy markets. Meanwhile, Google supports nuclear energy development, and the IEA predicts a transition to an "age of electricity" as fossil fuel demand peaks. Highlights of the Podcast 00:00 - Intro 01:05 - Israel-Iran: A strike on oil assets could revive inflation 06:23 - U.S. Oil Drilling Activity Inches Up 07:10 - Dimon Issues Dire Warning About “Treacherous” Geopolitical Situation 05:57 - Google Backs Buildout of Small Nuclear Reactors in Kairos Deal 10:29 - Israel Vows It Will Make Its Own Decision on How to Attack Iran 12:06 - ‘Age of electricity’ to follow looming fossil fuel peak, IEA says 14:27 - Outro Please see the links below or articles that we discuss in the podcast. Israel-Iran: A strike on oil assets could revive inflation U.S. Oil Drilling Activity Inches Up Dimon Issues Dire Warning About “Treacherous” Geopolitical Situation Google Backs Buildout of Small Nuclear Reactors in Kairos Deal EU Energy Minister Debate Russian Gas Flows as Ukraine Transit Deal Nears End Israel Vows It Will Make Its Own Decision on How to Attack Iran ‘Age of electricity’ to follow looming fossil fuel peak, IEA says Follow Stuart On LinkedIn and Twitter Follow Michael On LinkedIn and Twitter ENB Top News Energy Dashboard ENB Podcast ENB Substack ENB Trading Desk Oil & Gas Investing In 2024 – Get in Contact With The Show –