The Friction Era: When Geopolitical Chaos Meets the AI Energy Surge

The Physicalization of Risk: When Digital Ambition Meets Resource Scarcity

This week's edition examines the structural shift from just-in-time efficiency to a high-cost reality defined by energy chokepoints and the hardware-driven arms race of AI infrastructure. We analyze how the convergence of geopolitical friction in the Strait of Hormuz and a massive capital expenditure cycle is creating a persistent, supply-driven inflationary floor across global commodities. Explore the full visual digest at pers-int.com [https://www.pers-int.com] 0:00 - Introduction 0:51 - Energy Chokepoints and the Global Oil Shock 8:07 - Macro Uncertainty and the Inflation Ghost 13:50 - The AI Infrastructure Arms Race 17:56 - Commodity Super-cycles and Metal Scarcity 20:09 - The Battery Revolution and Grid Complexity 22:42 - Conclusion Referenced sources: Fertilizer Matters EP50 Southeast Asia's Phosphate Market [https://argusmedia.podbean.com/e/fertilizer-matters-ep50-southeast-asia-s-phosphate-market/] (Argus Media) Global LPG Conversations New storage data highlights Africa growth [https://argusmedia.podbean.com/e/global-lpg-conversations-new-storage-data-highlights-africa-growth/] (Argus Media) Metal Movers China flat steel outlook shaped by exports, costs and risk [https://argusmedia.podbean.com/e/metal-movers-china-flat-steel-outlook-shaped-by-exports-costs-and-risk/] (Argus Media) Metal Movers The Global Aluminium Supply Squeeze [https://argusmedia.podbean.com/e/metal-movers-the-global-aluminium-supply-squeeze/] (Argus Media) Falando de Mercado Clima e combustíveis fósseis [https://argusmedia.podbean.com/e/falando-de-mercado-clima-e-combustiveis-fosseis/] (Argus Media) Market Talks Climate and Fossil Fuels [https://argusmedia.podbean.com/e/market-talks-climate-and-fossil-fuels/] (Argus Media) Chemical Conversations Methanol Trends, Middle East Conflict & Low-Carbon Outlook [https://argusmedia.podbean.com/e/chemical-conversations-methanol-trends-middle-east-conflict-low-carbon-outlook/] (Argus Media) Single Best Idea with Tom Keene Brian Levitt & Dan Ives [https://omny.fm/shows/bloomberg-surveillance/single-best-idea-with-tom-keene-brian-levitt-dan-ives] (Bloomberg Surveillance) Bloomberg Surveillance TV May 21st, 2026 [https://omny.fm/shows/bloomberg-surveillance/bloomberg-surveillance-tv-may-21st-2026] (Bloomberg Surveillance) Single Best Idea with Tom Keene Frank Lee & Mandeep Singh [https://omny.fm/shows/bloomberg-surveillance/single-best-idea-with-tom-keene-frank-lee-mandeep-singh] (Bloomberg Surveillance) Nvidia Reports as SpaceX & OpenAI IPOs Gain Steam [https://omny.fm/shows/bloomberg-surveillance/nvidia-reports-as-spacex-openai-ipos-gain-steam] (Bloomberg Surveillance) Bloomberg Surveillance TV May 20th, 2026 [https://omny.fm/shows/bloomberg-surveillance/bloomberg-surveillance-tv-may-20th-2026] (Bloomberg Surveillance) Concerns Over Long Term Yields and Oil Prices [https://omny.fm/shows/bloomberg-surveillance/concerns-over-long-term-yields-and-oil-prices] (Bloomberg Surveillance) Bloomberg Surveillance TV May 19th, 2026 [https://omny.fm/shows/bloomberg-surveillance/bloomberg-surveillance-tv-may-19th-2026] (Bloomberg Surveillance) Equity Push as Bond Yields Rise [https://omny.fm/shows/bloomberg-surveillance/equity-push-as-bond-yields-rise] (Bloomberg Surveillance) Speed to Power Christian Bruch on Siemens Energy's Turnaround [https://columbiaenergyexchange.libsyn.com/speed-to-power-christian-bruch-on-siemens-energys-turnaround] (Columbia Energy Exchange) How the war in Iran is accelerating Asia's energy transformation [https://batterymetals.libsyn.com/how-the-war-in-iran-is-accelerating-asias-energy-transformation] (Energy Evolution) Macro Matters DWS' Catrambone on Long-End Selloff, Warsh Fed (FICC Focus) MacroVoices #533 Morgan Downey The Return of Oil 101 [https://macrovoices.podbean.com/e/macrovoices-533-morgan-downey-the-return-of-oil-101/] (Macro Voices) Why Cerebras CEO Andrew Feldman Built The World's Largest Computer Chip [https://omny.fm/shows/odd-lots/why-cerebras-ceo-andrew-feldman-built-the-worlds-largest-computer-chip] (Odd Lots) Deutsche Bank's Ozan Tarman and Aditya Singhal on Understanding the Macro Risks [https://omny.fm/shows/odd-lots/deutsche-banks-ozan-tarman-and-aditya-singhal-on-understanding-the-macro-risks] (Odd Lots) The global LPG divide Why Europe and Asia are moving in opposite directions [https://globaloil.libsyn.com/the-global-lpg-divide-why-europe-and-asia-are-moving-in-opposite-directions] (Oil Markets) 230. The growing complexity of battery management - May26 [http://www.redefining-energy.com] (Redefining Energy) 230. The growing complexity of battery fleet management - May26 [http://www.redefining-energy.com] (Redefining Energy) No Peace, No War and No Flows with Aldo Spanjer [https://www.hcgroup.global/] (The HC Commodities Podcast) The Inflation Ghost, Gold and Options (The Macro Trading Floor) The oil reserves dwindle [https://shows.acast.com/unhedged/episodes/the-oil-reserves-dwindle] (Unhedged) This episode is independent commentary and is not affiliated with, sponsored by, or endorsed by the sources listed above.

The Scarcity Pivot: When AI Ambition Hits the Physical Ceiling

This week's edition examines the transition from cyclical price fluctuations to a regime of permanent, geostrategic bottlenecks in global energy and commodity markets. We analyze how the $3 trillion AI capital expenditure cycle is fundamentally colliding with energy supply constraints, from the Strait of Hormuz blockade to the emerging struggle for Arctic and maritime dominance. Explore the full visual digest at pers-int.com [https://www.pers-int.com] 0:00 - Introduction 0:35 - The AI Boom and the New Inflationary Regime 8:59 - Crude Volatility and the Persian Gulf Bottleneck 15:14 - Commodity Supply Squeezes: Copper, Sulfur, and Wheat 17:35 - The Great Energy Transition: From Molecules to Electrons 19:51 - The High-Stakes Race for Arctic and Maritime Dominance 21:56 - Conclusion Referenced sources: Bloomberg Surveillance TV May 18th, 2026 [https://omny.fm/shows/bloomberg-surveillance/bloomberg-surveillance-tv-may-18th-2026] (Bloomberg Surveillance) Iran Oil Sanctions, LIRR Strike, Primary Electiona in Focus [https://omny.fm/shows/bloomberg-surveillance/iran-oil-sanctions-lirr-strike-primary-electiona-in-focus] (Bloomberg Surveillance) Bloomberg Surveillance TV May 15th, 2026 [https://omny.fm/shows/bloomberg-surveillance/bloomberg-surveillance-tv-may-15th-2026] (Bloomberg Surveillance) Equities, Bonds, and Geopolitics [https://omny.fm/shows/bloomberg-surveillance/equities-bonds-and-geopolitics] (Bloomberg Surveillance) Single Best Idea with Tom Keene Seema Shah & Paul Quinsee [https://omny.fm/shows/bloomberg-surveillance/single-best-idea-with-tom-keene-seema-shah-paul-quinsee] (Bloomberg Surveillance) Inflation and Geopolitics Impact Markets [https://omny.fm/shows/bloomberg-surveillance/inflation-and-geopolitics-impact-markets] (Bloomberg Surveillance) Bloomberg Surveillance TV May 13th, 2026 [https://omny.fm/shows/bloomberg-surveillance/bloomberg-surveillance-tv-may-13th-2026] (Bloomberg Surveillance) Single Best Idea with Tom Keene Simon White & Ben McMillan [https://omny.fm/shows/bloomberg-surveillance/single-best-idea-with-tom-keene-simon-white-ben-mcmillan] (Bloomberg Surveillance) Iran Conflict Brief How the Iran Standoff is Rewriting US-China Relations [https://columbiaenergyexchange.libsyn.com/iran-conflict-brief-how-the-iran-standoff-is-rewriting-us-china-relations] (Columbia Energy Exchange) Arctic Expert Iris Ferguson on Greenland's Resources, Geopolitical Risks [https://columbiaenergyexchange.libsyn.com/arctic-expert-iris-ferguson-on-greenlands-resources-geopolitical-risks] (Columbia Energy Exchange) Global wheat markets on edge as war, weather, and fertilizer shocks drive new rally [https://commoditiesfocus.libsyn.com/global-wheat-markets-on-edge-as-war-weather-and-fertilizer-shocks-drive-new-rally] (Commodities Focus) Copper markets react to high sulfuric acid prices, Middle East conflict [https://commoditiesfocus.libsyn.com/copper-markets-react-to-high-sulfuric-acid-prices-middle-east-conflict] (Commodities Focus) From crisis to resilience How renewables are strengthening Europe's energy security [https://batterymetals.libsyn.com/from-crisis-to-resilience-how-renewables-are-strengthening-europes-energy-security] (Energy Evolution) Macro Matters NISA Investments' Douglass on Fed, Fiscal Outlook (FICC Focus) MacroVoices #532 Mike Green Record Mechanical Flows [https://macrovoices.podbean.com/e/macrovoices-532-mike-green-record-mechanical-flows/] (Macro Voices) Deutsche Bank's Ozan Tarman and Aditya Singhal on Understanding the Macro Risks [https://omny.fm/shows/odd-lots/deutsche-banks-ozan-tarman-and-aditya-singhal-on-understanding-the-macro-risks] (Odd Lots) Why SocGen's Albert Edwards Sees Double-Digit Inflation Coming Back [https://omny.fm/shows/odd-lots/why-socgens-albert-edwards-sees-double-digit-inflation-coming-back] (Odd Lots) Samanth Subramanian on the Undersea Cables That Keep the Internet Alive [https://omny.fm/shows/odd-lots/samanth-subramanian-on-the-undersea-cables-that-keep-the-internet-alive] (Odd Lots) US exports hit record high as Middle East war blocks Persian Gulf supply [https://globaloil.libsyn.com/us-exports-hit-record-high-as-middle-east-war-blocks-persian-gulf-supply] (Oil Markets) 229. Climate Tech reinvented from green molecules to green electrons - May26 [http://www.redefining-energy.com] (Redefining Energy) Sulphurous Times with Meena Chauhan [https://www.hcgroup.global/] (The HC Commodities Podcast) Process, Process, Process (The Macro Trading Floor) What's bothering bonds [https://shows.acast.com/unhedged/episodes/whats-bothering-bonds] (Unhedged) This episode is independent commentary and is not affiliated with, sponsored by, or endorsed by the sources listed above.

The Friction Era: When Geopolitical Chaos Meets the AI Energy Surge

This week's edition explores the breakdown of global trade efficiency as the Strait of Hormuz crisis triggers a shift from 'just-in-time' to 'just-in-case' commodity strategies. We analyze how the massive capital pivot toward AI infrastructure is colliding with a fractured energy supply chain, threatening to destabilize everything from global gas markets to food security. Explore the full visual digest at pers-int.com [https://www.pers-int.com] 0:00 - Introduction 0:57 - The Strait of Hormuz Crisis and Global Supply Shocks 9:35 - From Just-in-Time to Just-in-Case: The New Era of Commodity Trading 13:28 - The AI Infrastructure Boom and the Energy Crunch 16:54 - Trade Flow Realignments: The US, India, and Europe 18:54 - Regulatory Headwinds and the Future of Global Gas 20:51 - Conclusion Referenced sources: Global LPG Conversations Hormuz disruption tests Asian LPG demand [https://argusmedia.podbean.com/e/global-lpg-conversations-hormuz-disruption-tests-asian-lpg-demand/] (Argus Media) Strait Talks - Breaking Down the Break down [https://argusmedia.podbean.com/e/strait-talks-breaking-down-the-break-down/] (Argus Media) Fertilizer Matters EP49 Middle East Conflict - The Potash Market Anomaly [https://argusmedia.podbean.com/e/fertilizer-matters-ep49-middle-east-conflict-the-potash-market-anomaly/] (Argus Media) Tightened Supply Chains Strait of Hormuz & Bitumen Markets [https://argusmedia.podbean.com/e/tightened-supply-chains-strait-of-hormuz-bitumen-markets/] (Argus Media) Strait Talk False Dawn or Real Don [https://argusmedia.podbean.com/e/strait-talk-false-dawn-or-real-don/] (Argus Media) Global LPG Conversations From shock to softness Why the European propane market eased [https://argusmedia.podbean.com/e/global-lpg-conversations-podcast-series-podcast-production-15/] (Argus Media) Bloomberg Surveillance TV May 11th, 2026 [https://omny.fm/shows/bloomberg-surveillance/bloomberg-surveillance-tv-may-11th-2026] (Bloomberg Surveillance) US & Iran Wrangle Over Deal Terms to End War [https://omny.fm/shows/bloomberg-surveillance/us-iran-wrangle-over-deal-terms-to-end-war] (Bloomberg Surveillance) Bloomberg Surveillance TV May 8th, 2026 [https://omny.fm/shows/bloomberg-surveillance/bloomberg-surveillance-tv-may-8th-2026] (Bloomberg Surveillance) Bloomberg Surveillance TV May 7th, 2026 [https://omny.fm/shows/bloomberg-surveillance/bloomberg-surveillance-tv-may-7th-2026] (Bloomberg Surveillance) Bloomberg Surveillance TV May 6th, 2026 [https://omny.fm/shows/bloomberg-surveillance/bloomberg-surveillance-tv-may-6th-2026] (Bloomberg Surveillance) Single Best Idea with Tom Keene Joumanna Bercetche and Heath Terry [https://omny.fm/shows/bloomberg-surveillance/single-best-idea-with-tom-keene-joumanna-bercetche-and-heath-terry] (Bloomberg Surveillance) Bloomberg Surveillance TV May 5th, 2026 [https://omny.fm/shows/bloomberg-surveillance/bloomberg-surveillance-tv-may-5th-2026] (Bloomberg Surveillance) Market Impact of AI and Iran [https://omny.fm/shows/bloomberg-surveillance/market-impact-of-ai-and-iran] (Bloomberg Surveillance) Bob McNally and Jason Bordoff on Handling an Energy Crisis [https://columbiaenergyexchange.libsyn.com/bob-mcnally-and-jason-bordoff-on-navigating-an-energy-crisis] (Columbia Energy Exchange) How EU's methane rules could upend global gas trade [https://batterymetals.libsyn.com/how-eus-methane-rules-could-upend-global-gas-trade] (Energy Evolution) MacroVoices #531 Louis-Vincent Gave Semiconductors, AI & Iran Conflict [https://macrovoices.podbean.com/e/macrovoices-531-louis-vincent-gave-semiconductors-ai-iran-conflict/] (Macro Voices) Bonus episode Hedging through the storm - can India's Dated Brent contract reshape risk landscape [https://globaloil.libsyn.com/bonus-episode-hedging-through-the-storm-can-indias-dated-brent-contract-reshape-risk-landscape] (Oil Markets) European middle distillate flows shift on Persian Gulf supply constraints [https://globaloil.libsyn.com/european-middle-distillate-flows-shift-on-persian-gulf-supply-constraints] (Oil Markets) 228. Decentralizing Power The Rise of Behind-the-Meter Energy - May26 [http://www.redefining-energy.com] (Redefining Energy) Commodity Trading's Bumper Q1 with Archie Hunter [https://www.hcgroup.global/] (The HC Commodities Podcast) The Buy America trade [https://shows.acast.com/unhedged/episodes/the-buy-america-trade] (Unhedged) This episode is independent commentary and is not affiliated with, sponsored by, or endorsed by the sources listed above.

The Infrastructure Gap: When AI Ambition Meets Energy Scarcity

This week's edition explores the dangerous disconnect between massive capital investments in AI and the physical limitations of our global energy grids. We dive into the geopolitical volatility of the Strait of Hormuz, the Fed's strategic signaling, and the high-stakes race to re-map the global energy landscape from Argentina to Africa. Explore the full visual digest at pers-int.com [https://www.pers-int.com] 0:00 - Introduction 1:18 - The Strait of Hormuz Standoff and Global Oil Volatility 6:55 - Monetary Policy Shifts and the Fed’s Leadership Transition 12:37 - The AI Revolution: Driving Tech CapEx and Energy Demand 16:42 - Emerging Market Shifts: From Argentine Shale to African Refineries 21:35 - The Great Energy Transition: Nuclear, Wind, and Renewables 25:24 - Conclusion Referenced sources: Power Dispatch Modulate and Modernise A New Atomic Age [https://argusmedia.podbean.com/e/power-dispatch%c2%a0modulate-and-modernise-a-new-atomic-age/] (Argus Media) Driving Discussions ARDA South Africa rundown [https://argusmedia.podbean.com/e/driving-discussions-arda-south-africa-rundown/] (Argus Media) Hablando de Mercado Refinerías y Vaca Muerta [https://argusmedia.podbean.com/e/hablando-de-mercado-refinerias-y-vaca-muerta/] (Argus Media) Market Talks Refineries and Vaca Muerta [https://argusmedia.podbean.com/e/market-talks-refineries-and-vaca-muerta/] (Argus Media) Falando de Mercado Refinarias e Vaca Muerta [https://argusmedia.podbean.com/e/falando-de-mercado-refinarias-e-vaca-muerta/] (Argus Media) Bloomberg Surveillance TV May 4th, 2026 [https://omny.fm/shows/bloomberg-surveillance/bloomberg-surveillance-tv-may-4th-2026] (Bloomberg Surveillance) Bloomberg Surveillance TV May 1st, 2026 [https://omny.fm/shows/bloomberg-surveillance/bloomberg-surveillance-tv-may-1st-2026] (Bloomberg Surveillance) Bloomberg Surveillance TV April 30th, 2026 [https://omny.fm/shows/bloomberg-surveillance/bloomberg-surveillance-tv-april-30th-2026] (Bloomberg Surveillance) Single Best Idea with Tom Keene George Bory & Ed Hirs [https://omny.fm/shows/bloomberg-surveillance/single-best-idea-with-tom-keene-george-bory-ed-hirs] (Bloomberg Surveillance) Big Tech AI Blowout and Fed Dissent [https://omny.fm/shows/bloomberg-surveillance/big-tech-ai-blowout-and-fed-dissent] (Bloomberg Surveillance) Earnings Analysis Meta, Microsoft, Alphabet & Amazon Deliver Earnings [https://omny.fm/shows/the-tape/earnings-analysis-meta-microsoft-alphabet-amazon-deliver-earnings] (Bloomberg Surveillance) Instant Reaction Fed Holds Rates, Three Officials Dissent [https://omny.fm/shows/bloomberg-surveillance/instant-reaction-fed-holds-rates-three-officials-dissent] (Bloomberg Surveillance) Single Best Idea with Tom Keene Seema Shah & Michael Ball [https://omny.fm/shows/bloomberg-surveillance/single-best-idea-with-tom-keene-seema-shah-michael-ball] (Bloomberg Surveillance) Bloomberg Surveillance TV April 29th, 2026 [https://omny.fm/shows/bloomberg-surveillance/bloomberg-surveillance-tv-april-29th-2026] (Bloomberg Surveillance) Fed Decision and Price Pressures [https://omny.fm/shows/bloomberg-surveillance/fed-decision-and-price-pressures] (Bloomberg Surveillance) Single Best Idea with Tom Keene Robert Kaplan & Eddie Fishman [https://omny.fm/shows/bloomberg-surveillance/single-best-idea-with-tom-keene-robert-kaplan-eddie-fishman] (Bloomberg Surveillance) Bloomberg Surveillance TV April 28th, 2026 [https://omny.fm/shows/bloomberg-surveillance/bloomberg-surveillance-tv-april-28th-2026] (Bloomberg Surveillance) US Economic Signals and the Latest on Iran Negotiations [https://omny.fm/shows/bloomberg-surveillance/us-economic-signals-and-the-latest-on-iran-negotiations] (Bloomberg Surveillance) Iran Conflict Brief Why the UAE Is Leaving OPEC Now [https://columbiaenergyexchange.libsyn.com/iran-conflict-brief-why-the-uae-is-leaving-opec-now] (Columbia Energy Exchange) The Iran Oil Shock Will it Force the World to Re-think the Future of Energy [https://columbiaenergyexchange.libsyn.com/the-iran-oil-shock-will-it-force-the-world-to-re-think-the-future-of-energy] (Columbia Energy Exchange) Macro Matters BlackRock's Brownback on Global FI Opportunities (FICC Focus) MacroVoices #530 Daniel Lacalle China and The Us Will Decide The Outcome of The Iran War [https://macrovoices.podbean.com/e/macrovoices-530-daniel-lacalle-china-and-the-us-will-decide-the-outcome-of-the-iran-war/] (Macro Voices) Service company earnings Infrastructure shifts, e-fleets, and Latin American growth [https://globaloil.libsyn.com/service-company-earnings-infrastructure-shifts-e-fleets-and-latin-american-growth] (Oil Markets) 227. Wind + Grids = Energy Security - May26 [http://www.redefining-energy.com] (Redefining Energy) Escalation Impotence with Doomberg [https://www.hcgroup.global/] (The HC Commodities Podcast) The Fed holds steady [https://shows.acast.com/unhedged/episodes/the-fed-holds-steady] (Unhedged) Gloom and boom [https://shows.acast.com/unhedged/episodes/gloom-and-boom] (Unhedged) This episode is independent commentary and is not affiliated with, sponsored by, or endorsed by the sources listed above.

Control: The Illusion of Energy Independence

This week's edition performs a 'systemic biopsy' on the global energy landscape, revealing that true independence is a myth and control of the entire value chain – from minerals to algorithms – is the new battleground. We unpack the US position, China's strategic dominance, and the precarious balance following Middle East tensions, finding that the current energy crisis isn't just about supply and demand, but a fundamental reset in how we define security. Explore the full visual digest at pers-int.com [https://www.pers-int.com] 0:00 - Introduction 1:16 - The US Energy Position: Powering Forward? 8:22 - Global Energy Security in Crisis 15:38 - Tech, AI, & the Commodities Boom 19:26 - China’s Energy Dominance & Supply Chain Control 22:18 - Middle East Conflict & Regional Fuel Markets 25:30 - Conclusion Referenced sources: SAF Insights European SAF market holds breath on jet price surge [https://argusmedia.podbean.com/e/saf-insights-european-saf-market-holds-breath-on-jet-price-surge/] (Argus Media) Fertilizer Matters EP48 Feed Phosphates Market Fundamentals [https://argusmedia.podbean.com/e/fertilizer-matters-ep48-feed-phosphates-market-fundamentals/] (Argus Media) Chemical Conversations South Korea BTX Rationalisation and Global Impact [https://argusmedia.podbean.com/e/chemical-conversations-south-korea-btx-rationalisation-and-global-impact/] (Argus Media) MEPC 84 What's at stake in global shipping's decarbonization debate [https://argusmedia.podbean.com/e/mepc-84-what-s-at-stake-in-global-shipping-s-decarbonization-debate/] (Argus Media) Strait Talk Truce or Dare [https://argusmedia.podbean.com/e/strait-talk-truce-or-dare/] (Argus Media) Driving Discussions Turbulence Ahead - The Jet Fuel Supply Crisis [https://argusmedia.podbean.com/e/turbulence-ahead-the-jet-fuel-supply-crisis/] (Argus Media) Bloomberg Surveillance TV April 28th, 2026 [https://omny.fm/shows/bloomberg-surveillance/bloomberg-surveillance-tv-april-28th-2026] (Bloomberg Surveillance) Bloomberg Surveillance TV April 27th, 2026 [https://omny.fm/shows/bloomberg-surveillance/bloomberg-surveillance-tv-april-27th-2026] (Bloomberg Surveillance) Market Fundamentals Drive Rally and Outline US Eco Risks [https://omny.fm/shows/bloomberg-surveillance/market-fundamentals-drive-rally-and-outline-us-eco-risks] (Bloomberg Surveillance) Bloomberg Surveillance TV April 23rd, 2026 [https://omny.fm/shows/bloomberg-surveillance/bloomberg-surveillance-tv-april-23rd-2026] (Bloomberg Surveillance) Single Best Idea with Tom Keene Anna Wong & Marc Champion [https://omny.fm/shows/bloomberg-surveillance/single-best-idea-with-tom-keene-anna-wong-marc-champion] (Bloomberg Surveillance) Artificial Intelligence, Oil and Iran [https://omny.fm/shows/bloomberg-surveillance/0423-surveillance-radio-podcast] (Bloomberg Surveillance) 0423 Surveillance Radio Podcast [https://omny.fm/shows/bloomberg-surveillance/0423-surveillance-radio-podcast] (Bloomberg Surveillance) The Iran Oil Shock Will it Force the World to Re-think the Future of Energy [https://columbiaenergyexchange.libsyn.com/the-iran-oil-shock-will-it-force-the-world-to-re-think-the-future-of-energy] (Columbia Energy Exchange) Ian Bremmer on Navigating a Fragmenting World [https://columbiaenergyexchange.libsyn.com/ian-bremmer-on-navigating-a-fragmenting-world] (Columbia Energy Exchange) Southern Company CEO Chris Womack on AI, power demand and affordability [https://batterymetals.libsyn.com/southern-company-ceo-chris-womack-on-ai-power-demand-and-affordability] (Energy Evolution) Macro Matters Jerome Schneider on Funding Market Risks (FICC Focus) Basil Halperin on Macroeconomic Policy in an Age of Transformative AI [https://macromusings.libsyn.com/basil-halperin-on-macroeconomic-policy-in-an-age-of-transformative-ai] (Macro Musings with David Beckworth) MacroVoices #529 Ole S Hansen Commodities in The Wake of The Iran Crisis [https://macrovoices.podbean.com/e/macrovoices-529-ole-s-hansen-commodities-in-the-wake-of-the-iran-crisis/] (Macro Voices) Understanding the Most Viral Chart in Artificial Intelligence [https://omny.fm/shows/odd-lots/understand-the-most-viral-chart-in-artificial-intelligence] (Odd Lots) James Bosworth on the Orange Wave Happening Across Latin America [https://omny.fm/shows/odd-lots/james-bosworth-on-the-orange-wave-happening-across-latin-america] (Odd Lots) Google's Liz Reid on Who Will Own Search in a World of AI [https://omny.fm/shows/odd-lots/googles-liz-reid-on-who-will-own-search-in-a-world-of-ai] (Odd Lots) From Hormuz to Asia the ripple effects on oil trade, prices, and economies [https://globaloil.libsyn.com/from-hormuz-to-asia-the-ripple-effects-on-oil-trade-prices-and-economies] (Oil Markets) 226. Energy trends and shocks from range anxiety to pump anxiety - Apr26 [http://www.redefining-energy.com] (Redefining Energy) Notes from the FT Global Commodities Summit with Paul Chapman [https://www.hcgroup.global/] (The HC Commodities Podcast) China Shock 2.0 [https://shows.acast.com/unhedged/episodes/china-shock-20] (Unhedged) Trading disruption [https://shows.acast.com/unhedged/episodes/trading-disruption] (Unhedged) Why Do Many Western Defense Tech Firms Struggle in Ukraine [https://warontherocks.libsyn.com/why-do-many-western-defense-tech-firms-struggle-in-ukraine] (War on the Rocks) This episode is independent commentary and is not affiliated with, sponsored by, or endorsed by the sources listed above.