In this episode of the Energy News Beat Daily Standup, the host, Michael Tanner covers key energy updates focusing on geopolitical risks influencing oil prices. He discusses the potential impact on oil markets if Israel targets Iran's nuclear or oil infrastructure, highlighting the threat of soaring prices. The cancellation of the New Jersey Offshore Wind Project is also covered, alongside concerns over tightening U.S. oil supply and its implications for summer 2025 gas prices. Additionally, Nigeria's delayed $5 billion oil-backed loan due to falling prices is analyzed.

Highlights of the Podcast 

00:00 - Intro

01:01 - What Would Happen to the Oil Market if Israel Targeted Iran’s Nuclear Sites or Oil Export Infrastructure?

02:37 - Developer requests to cancel New Jersey offshore wind project

04:00 - Oil Supply Tightening in the U.S.: What It Means for Summer 2025 Gasoline Prices

06:43 - Markets Update

07:36 - Nigeria’s $5 Billion Oil-Backed Loan Stalls as Oil Prices Plummet: A Deep Dive into the Delay

08:42 - Outro

Please see the links below or articles that we discuss in the podcast.

What Would Happen to the Oil Market if Israel Targeted Iran’s Nuclear Sites or Oil Export Infrastructure?

Developer requests to cancel New Jersey offshore wind project

Oil Supply Tightening in the U.S.: What It Means for Summer 2025 Gasoline Prices

Nigeria’s $5 Billion Oil-Backed Loan Stalls as Oil Prices Plummet: A Deep Dive into the Delay

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Video Transcription edited for grammar. We disavow any errors unless they make us look better or smarter.