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Podcast: The Morning Brief
Episode: SPRs to LPG: How Far Will History’s Biggest Oil Shock Reverberate?
Description: A once-in-a-generation oil shock is unfolding. Host Anirban Chowdhury speaks with Amrita Sen, Founder of Energy Aspects, Bob McNally, founder of Rapidan Energy Group and former White House energy advisor, and ET’s Puran Choudhary on a crisis triggered by the effective closure of the Strait of Hormuz. More than 10 million barrels of crude a day have been disrupted roughly twice the scale of the 1956 Suez Crisis and for the first time there is virtually no spare production capacity to cushion the blow. Brent has surged past $110, LNG cargoes face force majeure, and Asian refineries are cutting runs. Strategic re...