How Bad Could the Global Energy Shock Get?
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Energy prices have shot up following an Iranian strike on a crucial gas field in Qatar, in addition to Israeli and U.S. attacks on Iranian oil infrastructure and the effective closure of the Strait of Hormuz. How high could energy prices get, and for how long? Even if the war ends, what would it take for normal service to resume and the global energy shock to subside? Jason Bordoff, the founding director of the Center on Global Energy Policy, explores the dynamics shaping the energy markets. Watch for free for a limited time.