This week, our guest is Carlos Pascual, Senior Vice President of Global Energy at S&P Global Commodity Insights.

Carlos's past roles include establishing and directing the new Energy Resources Bureau at the US Department of State and serving as a senior advisor to the Secretary of State on energy issues. He has also previously been a United States Ambassador to Mexico and Ukraine.

Here are some of the questions that Carlos tackled: How do you expect the US will react to the recent attack on an American base in the Middle East that killed three soldiers? What is Iran’s motivation in the escalating proxy war? Is it possible that Donald Trump will be elected president in 2024? How does the US election factor into the US strategy on the Middle East conflict? What are your thoughts on COP28 and the “transitioning away from fossil fuels” language that was adopted? Do you think a peace deal between Ukraine and Russia is possible? What is driving the growing divide between the Global North and Global South? Do you expect OPEC and Saudi Arabia will continue constraining oil production despite strong non-OPEC supply growth?

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Geopolitical Currents: Carlos Pascual on Energy, Climate, and Conflict in the Middle East