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Podcast: The Afternoon Update with Lynlee Foo
Episode: Industry Insight: How energy shocks ripple through the global economy
Description: Oil markets have been extremely volatile in recent days as geopolitical tensions in the Middle East raised concerns about a major disruption to global energy supplies.The closure of the Strait of Hormuz - one of the world’s most critical oil shipping routes, has injected fresh uncertainty into global energy markets, prompting policymakers to respond. The International Energy Agency has agreed to what could be the largest coordinated release of strategic oil reserves in its history, as governments attempt to stabilise supply and calm volatility. On Industry Insight, Lynlee Foo speaks to Marc Ostwald, Chi...