Richard Quest
speaker
146 appearances
3 recordings
2 series
first heard Jul 2026
last heard 3 Jul
Richard Quest’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 3 in all, peaking in Jul 2026 with 3.
Appearances
So inflation is still a very serious problem.
Yes.
Yes, absolutely.
No question.
That's a very shrewd way of putting it.
I think that the premium is the disruption, A, that has already been seen, but also, B, the power that's now been handed to Iran through the Straits of Hormuz, through the question about what will Oman do about this fee.
We know we're going to need fossil fuels for the foreseeable future, however undesirable that is for some people.
And what Donald Trump did was both give and confirm.
to iran that they have a strategic weapon that they can deploy now he's held them at bay we've got this agreement we've got but we've now got this question of whether there's going to be a thing what sort of arrangement will it be um it's this level of uncertainty so yes a premium on oil and gas for that matter is being baked in
It comes down when there's a glut.
It comes down when not only does supply dramatically overwhelm demand, but also uncertainty abates.
Remember, let's not forget, we had a glut of oil when this crisis began.
So it's not as if we were starved of oil then.
We had a glut of energy then.
The events raise the price.
As a famous British politician, Prime Minister Harold Macmillan said when asked what he was worried about, events, dear boy, events, he famously said.
And that's what it is.
You talk about the oil price, it's events.
So yes, the UAE, I mean, let's look at the UAE coming out of OPEC.
They did it for their strategic reasons because they want to pump more.
Showing 41–60 of 146 · page 3 of 8
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