Columbia Energy Exchange

Growing Israel-Iran Conflict and Its Impact on Energy Markets

Jun 19, 2025
In this engaging discussion, Daniel Sternhoff, a non-resident fellow at CGEP and energy expert, teams up with Richard Nephew, a former US Deputy Special Envoy for Iran, to unpack the escalating Israel-Iran conflict. They explore how U.S. involvement could reshape geopolitical landscapes and energy markets. Despite recent military tensions, they highlight the surprising stability of oil prices. The experts analyze potential diplomatic resolutions and the delicate balance Gulf nations must maintain amid rising concerns over Iran’s nuclear ambitions.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Israel Targets Iran's Nuclear Sites

  • Israel has progressively targeted Iranian regime and nuclear facilities, significantly damaging key sites but not all critical ones like Fordow.
  • Iran responded with missile strikes against Israel, but most are intercepted, limiting damage so far.
INSIGHT

Oil Prices Reflect Cautious Sentiment

  • Oil prices at $75 reflect a modest increase despite conflict risks, as traders remain cautious about longer-term impact without physical supply disruption.
  • Strategic reserve levels and market positioning limit price spikes until actual disruptions occur.
INSIGHT

Conflict Paths Are Wide and Uncertain

  • Multiple paths exist, from diplomatic deals to regime change or military escalation, with no clear Israeli-preferred ceasefire option.
  • The conflict may be protracted, possibly lasting weeks or longer, with evolving strategic aims and responses.
Get the Snipd Podcast app to discover more snips from this episode
Get the app