Iran strikes: what’s the outlook for the oil market?

As the widening Middle East conflict enter a fifth day, we catch up with Vandana Hari, Founder and CEO of Vanda Insights, in the latest episode of the Energy Connects podcast. In her discussions with host Chiranjib Sengupta, Vandana explores the impact of the ongoing hostilities on global energy markets, from tanker disruptions to rising shipping risks in the Strait of Hormuz. Despite heightened geopolitical tensions, Brent crude has hovered around $80 a barrel, and Vandana explains why fears of oil prices surging into triple digits may be overstated. She outlines likely US mitigation steps, supply risks for Asian markets and why diplomacy remains the key off-ramp to restoring stability.