Podcasts · Marketplace

What's the new normal for global oil?

· 26 min

Episode What's the new normal for global oil?

0:00 25:46

Oil industry analysts were hopeful earlier this year that Trump’s war in the Middle East would be short-lived. But it’s become clear that an open flow of oil through the Strait of Hormuz will require sustained cooperation between the U.S. and Iran. S&P Global now expects dampered production and choppy prices to continue into 2027. Also in this episode: Trucking costs are pushed up by record-breaking diesel prices and a shortage of English-speaking drivers. And, is it a good idea to use AI to develop pharmaceutical drugs?

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Read the stories in today’s episode:

• The oil roller coaster reaches new heights — and it's a bumpy ride ahead • Trucking costs are rising fast. That could mean even more inflation for consumers • This audio affects business is still waiting on tariff refunds • How this Georgia factory is surviving America's solar policy whiplash • If AI helps speed up drug development, can the FDA keep up? • The construction manager who quit his 9-to-5 to build something for himself

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