In this episode, I talk to Doomberg following our last chat in early March, and he expands on his thoughts that the Iran War was a catastrophic error with significant strategic consequences for the World.
As usual, Doomberg doesn't hold back. China has entered the chat just as the UAE has exited OPEC, putting the instability among the Gulf countries and the broader Middle East into perspective.
Despite the demands of the AI hyperscalers, the world is fundamentally long on hydrocarbons, and what the events of the last 10 weeks have demonstrated is that the constraint on energy supply is political, not geological.
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