Top Podcasts on Iran Conflict & Oil Crisis
Updated: Mar 17, 2026 – 29 episodes
The ongoing conflict involving Iran has resulted in a significant global oil crisis, with US allies declining to provide assistance. This situation is causing disruptions in the oil market, impacting prices and supply chains worldwide, and highlighting geopolitical tensions that could have long-term effects on the energy sector.
Start with 'The Briefing with Jen Psaki' for a critical look at how Trump's handling of the Iran conflict has led to unprecedented oil supply disruptions. Jen Psaki's episode offers a detailed analysis of the International Energy Agency's response and why it hasn't stabilized prices. For a broader perspective, 'The Rest Is Politics: US' discusses the strategic moves away from the petrodollar and how this could threaten long-term economic stability. If you're interested in the geopolitical angle, 'The Diary Of A CEO with Steven Bartlett' provides insights into how Iran is leveraging its position to influence global markets. Each episode offers a unique angle on the crisis, making them essential listens for understanding the complexities of the situation.
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Ridealong has curated the best podcasts and clips about Iran conflict leads to global oil crisis as US allies withhold aid. Listen now.
Podcast Episodes Covering This Story
“If there's a disruption halfway around the world, you take one, two, 10 million barrels off, the global price of oil goes up. And as we are seeing in the United States, for everyone listening who goes to fill up at the pump, the price of the pump is set by the global price of oil, even though the United States is now a huge net exporter and the largest producer in the world.”
Ridealong summary
The conflict with Iran is causing a global oil crisis due to the disruption of energy markets, and the US appears unprepared for the long-term implications.
“The real story is far more consequential and it is the global flow of oil that is being disrupted at its most fragile point. I have never been for a war for oil. I hate that very concept. I'm against it now, but I will tell you, this may be one that is worth considering if you can't fix it. We're in deep, deep, deep, deep, deep, deep, deep trouble.”
Ridealong summary
The global oil crisis stemming from the Iran conflict is a system story, not just a war story, with far-reaching consequences beyond immediate geopolitical tensions.
“The International Energy Agency...is now saying that Trump's war in Iran has caused the largest oil supply disruption in history. Yesterday, the IEA announced it was flooding the market with oil, the biggest release of oil reserves ever...didn't work. Oil prices continued to rise. And that's because even if the IEA countries...released every drop of oil they have available, it would only amount to about 3 million barrels per day or only about one fifth of the 15 million barrels being lost.”
Ridealong summary
The global oil crisis is exacerbated by Trump's ineffective handling of the Iran conflict, leading to unprecedented supply disruptions and rising prices.
“You've got one in 10 of the world's oil tankers trapped in the Persian Gulf at the moment. You sent me something, Goldman Sachs is talking about oil prices going to $150, possibly even $200 a barrel. It's not just oil that is being squeezed when the Straits of Hormuz are shut. You've also got sulfur, you've got fertilizer, you've got aluminium, a whole bunch of things, commodities, knock on a commodities that come from that region that are also being squeezed at the moment.”
Ridealong summary
The global oil crisis triggered by the Iran conflict is exacerbated by strategic moves away from the petrodollar, threatening long-term economic stability.
“So what Iran said today, the response to Trump's press conference today that just literally happened before we came on is, OK, we will allow Gulf states, your oil tankers to come through if you kick the Americans out... When you cut the flow of the oil, it has global effects. It doesn't just affect this little region here. It affects everybody. And that's why the Europeans are starting to freak out, because every government worries about, we talk about affordability, that's about to change.”
Ridealong summary
The global oil crisis is exacerbated by geopolitical tensions, with Iran leveraging its strategic position to influence oil flow and impact global markets.
“The escalation has been way another notch up, right? And they're hitting all the upstream things. This LNG plant that they hit in gutter, it might take three to five years to fix it. This could be a huge, huge problem for us, for the world. And so I just don't understand. It's like, you know, what's the saying, you know, where the definition of insanity is when you do the same thing and you expect a different outcome.”
Ridealong summary
The ongoing conflict with Iran is escalating tensions and disruptions in the global energy market, leading to increased oil prices and inflation, exacerbated by geopolitical missteps.
“What we've already seen is as of yesterday, I haven't checked the numbers yet this morning, as of yesterday, Iraq had already shut in forcibly because of the lack of export optionality. they'd already shut in more than 3 million barrels a day, which, again, rewinding to 2022, when we would have last spoke, that was the feared loss from Russia was 3 million barrels that we never actually saw. And that feared loss was enough to push oil prices above $120 a barrel.”
Ridealong summary
The ongoing conflict has led to a significant and immediate loss of oil production, with little confidence that the situation will resolve quickly.
“"We don't live in an isolated world where you can choke off 25% of global trade and don't think it affects the rest of the world. I use the analogy all the time. You look at that big, huge map of the world with all ships going through everywhere. And that's like the circulatory system of global trade. What we've done is put a clamp on a femoral artery and we've choked off 25% of the blood flow."”
Ridealong summary
The global economy faces potential long-term damage due to the Iran conflict, with the closure of the Strait of Hormuz threatening to bankrupt regional economies and disrupt global trade.
“Iran intensifies its strikes on oil related to targets throughout the region. This week alone, Iran has hit a fuel tank at a port in Oman, two fuel tankers off the coast of Iraq and an energy refinery in Bahrain. Today, crude oil prices settled around ninety six dollars a barrel, up forty two percent since the start of the war. A separate benchmark for oil prices in Europe settled above one hundred dollars today for the first time since August of twenty twenty two.”
Ridealong summary
The global oil crisis is exacerbated by Iran's aggressive actions and the U.S.'s unpreparedness to secure oil transit, leading to severe market disruptions.
“"If this war goes on for more than a couple weeks, we could be seeing the biggest decline in global oil production in recorded history. And that far worse than the two twin shocks that we saw in the 1970s. So just to give you a sense of the magnitude of how important this strait is to the global economy, not just oil."”
Ridealong summary
The Iran conflict could lead to the largest decline in global oil production in history, surpassing the shocks of the 1970s.
“This is a very very significant blow to the world's energy supply and one of the reasons why even if you don't care like the u.s doesn't about you know obliterating iranian school girls with bombs this war is a terrible idea because you're suddenly losing to a fifth of the world's oil supply. Now, Trump has repeatedly said that the Strait is not open. The IRGC has repeatedly said that it is closed.”
Ridealong summary
The conflict in Iran is a terrible idea because it risks losing a fifth of the world's oil supply, and military escorts for tankers through the Strait of Hormuz are impractical.
“Targeting crucial oil infrastructure is a significant escalation in the war. Iran responded by hitting energy targets in Qatar and Saudi Arabia. These strikes put oil and gas facilities at the center of the war, worsening the crisis over the supply of energy around the world. Trump's social media account blamed Israel for the strike and said the U.S. hadn't been informed about it ahead of time.”
Ridealong summary
The conflict involving Iran and the targeting of energy infrastructure is escalating tensions and worsening the global oil crisis, with significant geopolitical implications.
“Fast forward to now, says climate economist Gernot Wagner at Columbia Business School. The world moved from the U.S. being the biggest oil importer to the U.S. being the biggest oil exporter. But there's a catch. Even with massive new U.S. oil fields, American businesses and consumers still pay the global market price. And yeah, those prices just shot up.”
Ridealong summary
The current oil price spike due to the Iran conflict is reminiscent of the 1970s crises, but the U.S. is now a major exporter, complicating the impact on its economy.
“We are now well on the road to the doomsday gas crisis scenario, said Saul Kavonik, an energy analyst at MST Financial. Even once the war ends, the disruption to liquid natural gas supply could last for months or even years. Reuters got some statements from Cotter State Natural Gas Firm saying that they had lost 17% of their total export capacity and that that was destroyed for three to five years.”
Ridealong summary
The ongoing conflict involving Iran and the attacks on energy infrastructure are leading to a catastrophic disruption in global energy supplies, with long-term consequences that cannot be easily resolved by military threats.
“The closure of the Strait of Hormuz, the most important shipping choke point in the world, combined with heavy damage to energy infrastructure in the Middle East, has upended daily life for hundreds of millions halfway across Earth and threatens to become much worse before it gets better. Yes, oil is being disrupted, causing gas prices to skyrocket, but also impacted are key raw materials like sulfur, helium and petrochemicals.”
Ridealong summary
The conflict in Iran is spiraling into a global economic crisis that markets and politicians are vastly underestimating, with long-term disruptions to oil and other key raw materials.
“Oil prices continue to skyrocket as the de facto shutdown of the Strait of Hormuz lingers, blocking the flow of energy out of the Middle East. This very narrow shipping lane is responsible for roughly 20 to 30% of the world's oil passing through it. Iran is the vast majority of it. They are quite literally able to just choke it off, block it, and that is causing a massive spike in oil prices.”
Ridealong summary
The de facto shutdown of the Strait of Hormuz is causing a massive spike in oil prices, with Gulf energy producers expected to halt exports, driving oil to $150 a barrel.
“This is a scale of issue that can't simply be solved by just moving the supply around and distributing it differently. This is not a solution to this. And so these are having these interlocking effects, right? Because also, again, these things are designed to be going constantly. And it's not just a thing where you can just turn it off and turn it back on again it doesn't work like that these are actual very very complicated technical processes if you turn these things off some of them will never turn back on again.”
Ridealong summary
The global oil crisis is causing irreversible damage to supply chains, with some oil wells potentially never restarting, even if the conflict ends.
“It demonstrates how unilateral action will always come back to bite you, because when you get into that escalation and now you don't have other countries who are bought into the message. Oil is currently trading around $98, $97 a barrel, the highest level in years. The Kremlin is doing backflips. They want the price to go to some 140, 160 per barrel.”
Ridealong summary
The US's unilateral actions in the Iran conflict are backfiring, leading to high oil prices and enriching adversaries like Russia.
“Oil prices are fundamentally global. It's about supply and demand. And when the straight that literally accounts for 20% of the world's oil is blocked, that is going to be felt everywhere. including in the United States. And it is being felt across the United States. You probably are feeling it. And today, the head of the International Energy Agency issued a pretty dire warning, saying that this war is the greatest threat to global energy in history.”
Ridealong summary
The global energy crisis is exacerbated by Trump's dismissive attitude towards the closure of the Strait of Hormuz, which he falsely claims is a simple issue to resolve.
“Iran is also attempting to influence the US allies in the region...trying to bring pressure by those Gulf partners of ours to say, hey, U.S., we had enough. This is crazy. You're now affecting us significantly. Our tourists can't move in and out of Dubai. Our aluminum manufacturing can't happen in Qatar. Our fuel is being affected for all the kinds of things we produce.”
Ridealong summary
Iran's strategic economic retaliation is pressuring US allies, revealing vulnerabilities in America's global influence and alliance management.
