Why Oil Prices Are Exactly Where They Should Be

Energy News Beat Podcast

Why Oil Prices Are Exactly Where They Should Be - ENB Weekly Recap

June 28, 2025

In this episode of the Energy Newsbeat Daily Standup - Weekly Recap, Stuart Turley and Michael Tanner covers critical developments impacting global oil markets. Iran's missile strike on a U.S. base, its potential response to the U.S.'s military actions, and the threat of closing the Strait of Hormuz remain key issues. Despite fears, oil prices have remained stable as the market absorbs these geopolitical tensions. Additionally, the shift in bank investments towards fossil fuels, coupled with the turmoil in China's EV market, presents further challenges for global energy security. The episode also explores the impact of recent Israeli actions on regional energy infrastructure and how these events may shape future oil flows.

Highlights of the Podcast

00:00 - Intro

00:16 - What Will Happen to the Strait of Hormuz and Oil? Iran’s Threat and Its Global Impact

07:49 - Banks Drop the Climate Pretense and Follow the Money: A Shift Back to Fossil Fuels

12:48 - The Iran Retaliatory Strike on the U.S. Airbase in Qatar: A Page from the De-Escalation Playbook

15:10 - Israel Shuts Down Leviathan Natural Gas Field: Update on Impacts and Risks for Customers and Regional Markets

16:48 - Trump Truths a Strategic Shift: China Can Buy Iranian Oil

19:00 - China Planned for the Middle East Crisis and Has Oil Stored

21:50 - China’s EV Market is in turmoil

24:46 - 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