How Iran's Response To This Latest Round Of Attacks Will Affec…

Energy News Beat Podcast

How Iran's Response To This Latest Round Of Attacks Will Affect Oil Prices

June 23, 2025

In this episode of the Energy News Beat Daily Standup, Michael Tanner and Stuart Turley discussed escalating geopolitical tensions, particularly the impact of Iran's response to recent U.S. military strikes on its nuclear facilities. They explored the potential consequences for global oil markets, including the strategic importance of the Strait of Hormuz, which accounts for 20% of the world's oil flow. They also covered a shift by major banks back toward fossil fuel investments, Texas' new SB6 bill to enhance grid reliability, and the UK's reconsideration of North Sea oil amidst the ongoing energy crisis. The episode highlighted the uncertain geopolitical landscape and its potential to influence both energy markets and global security.

Highlights of the Podcast

00:00 - Intro

01:22 - What Will Happen to the Strait of Hormuz and Oil? Iran’s Threat and Its Global Impact

08:58 - Banks Drop the Climate Pretense and Follow the Money: A Shift Back to Fossil Fuels

13:58 - Governor Abbott Signs SB 6 to Bolster Texas Grid Reliability: A Win for Business Growth and Investors

19:02 - Has Net Zero Caught Up to the UK’s Don Quixote Green Energy Dream? Reconsidering North Sea Oil Amid Energy Crisis

24:51 - Markets Update

26:38 - US Rig Counts Down Amid Rising U.S. Crude and LNG Production

26:54 - Frac Count Update

28:38 - Outro

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

What Will Happen to the Strait of Hormuz and Oil? Iran’s Threat and Its Global Impact