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Oil prices have been fluctuating since start of the US-Israeli war on Iran three months ago, hitting a four-year high of $126 in April. How long before prices return to normal or are they at the 'point of no return'? The partial closure of the Strait of Hormuz due to the conflict in the middle east has severely disrupted global oil and gas supplies. Governments are burning through emergency reserves at a 'record pace', according to the International Energy Agency. High oil prices are expected soon as supplies dwindle. As peace talks between Iran and the US stall, what impact is the oil crisis having on global economies - and will prices ever go back to normal? Joining Enda Brady for this discussion: Gaurav Sharma Energy Market Analyst Patrizio Donati Co-founder and Director of Renewable Energy Company Terrawatt Chris Weafer CEO of Macro Advisory To access the back catalogue of Roundtable discussions https://www.youtube.com/@RoundtableTRTWorld [https://www.youtube.com/@RoundtableTRTWorld] ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.
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