Amos Hochstein on the Strait of Hormuz Opening and Where the War is Headed

It's been a head-spinning day in the Iran war. Earlier today, following a temporary truce between Lebanon and Israel, Iran announced that the Strait of Hormuz would be "completely open" to commercial shipping during this ceasefire. Initial reactions from President Donald Trump were optimistic, but that gave way to some confusion about what "open" actually means in practice. The president later clarified that the existing U.S. blockade on Iranian vessels would remain in place.

Despite the confusion, markets responded quickly. Brent crude dropped below $90 a barrel for the first time in weeks, though prices are still meaningfully elevated relative to pre-war levels. Even with the reprieve, much uncertainty looms as the U.S.-Iran ceasefire deadline of next Tuesday, April 21, approaches

So, what does this moment tell us about the future of energy security? How durable is the current ceasefire? And what energy system will this crisis leave behind?

Today on the show, host Jason Bordoff talks with Amos Hochstein about the recent developments in the Middle East. They discuss the long-term implications of Iran's control of the Strait of Hormuz, the war's geopolitical and energy market impacts, and where Amos thinks this conflict is headed in the near and longer term.

Amos served as deputy assistant and senior advisor for energy and investment to President Biden, and as special presidential coordinator for global infrastructure and energy security. He is a managing partner at TWG Global and a distinguished fellow at Columbia University's School of International and Public Affairs.

Credits: Hosted by Daniel Sternoff. Produced by Mary Catherine O'Connor, Caroline Pitman, and Kyu Lee. Engineering by Gregory Vilfranc

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(100)

Six Months In: Iran War Widens as Energy Markets Feel the Shock

More than six months into the war with Iran, the Strait of Hormuz crisis continues to cause turmoil in the Gulf region and global energy markets with no apparent end in sight. Tanker traffic through ...

15 Sep 55min

Luisa Palacios and Bob McNally on Why the US-Venezuela Oil Deal Matters

It's been a tumultuous year for Venezuela, marked by political upheaval and deadly earthquakes. Then, in late August, the Trump administration announced a deal for over 65 billion barrels of Venezuela...

8 Sep 55min

DOE's Audrey Robertson on Growing US Critical Mineral Supply

Advanced technologies, a return to domestic manufacturing, and the race to control energy production while also confronting surging demand for electricity. All of these factors mean that for the US, e...

1 Sep 58min

Editor's Pick: Rajiv Shah on Delivering Universal Abundant Energy Access

Energy abundance means different things in today's global context than it did even a decade ago. It is about expanding electricity access while meeting rising energy demand. It is about navigating geo...

25 Aug 1h 1min

Matthew Yglesias on Abundance and the Politics of Energy

Abundance and affordability have become buzzwords among policymakers, who often have sharply different interpretations of how to attain them. To some, an energy abundance agenda means fewer regulatory...

18 Aug 1h 6min

Luisa Palacios on Rebuilding Venezuela's Oil Industry After the Quakes

It started last year as a pressure campaign at sea, with the United States seizing tankers as part of what President Trump called a "total and complete blockade" of vessels carrying Venezuelan crude ...

11 Aug 53min

Javier Blas on Lessons from Closing Hormuz (So Far)

Over the past five months, the Strait of Hormuz has been closed for extended stretches of time, disrupting roughly 10 to 15 million barrels of oil supply each day. It is the biggest energy supply shoc...

4 Aug 59min

Senator Alan Armstrong on Building American Energy Infrastructure

As the demand for power surges across the US, the debate over how to build energy infrastructure has reached a fever pitch. And while both sides of the aisle broadly agree that the current permitting ...

28 Jul 1h 8min