On global shortages and their political consequences.
Benjamin Bradlow, assistant professor of sociology and international affairs at Princeton, talks to Alex and Lee about the world-historic impact of the Hormuz Strait closure.
How will shortages – beyond oil and gas – reverberate through global supply chains?
Why are markets so sanguine about all this? Are financial economic elites too insulated from consequences?
Will China be the big beneficiary as more countries turn to importing its tech for renewables?
Do countries want to trade dependency on the Middle East or US for dependency on China?
Would a world of energy autarky be more or less peaceful?
Are "electrostates" a thing?
Links:
The Winners and Losers of the Iran Energy Shock, Benjamin Bradlow, Foreign Affairs
The energy crisis may just be starting, Martin Wolf, FT