Could OPEC break lead to era of energy volatility?

2 weeks ago 24
The Take

How unstable is the planetary lipid market?

Iran has attacked a UAE petroleum tract successful Fujairah, conscionable days aft the United Arab Emirates announced it was leaving OPEC. As the Strait of Hormuz situation deepens and lipid prices support rising, could this accelerate the displacement to renewables, oregon are we heading into an epoch of vigor volatility?

In this episode: 

  • Jim Krane (@jimkrane), Co-director of the Middle East Energy Roundtable, Rice University’s Baker Institute for Public Policy

Episode credits:

This occurrence was produced by David Enders and Sarí el-Khalili with Chloe K. Li, Catherine Nouhan, Tuleen Barakat, and our impermanent host, Kevin Hirten. It was edited by Tamara Khandaker. 

Our dependable decorator is Alex Roldan. Our video editors are Hisham Abu Salah and Mohannad al-Melhem. Alexandra Locke is The Take’s enforcement producer. 

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Published On 5 May 2026

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