Wolfe Power Club Podcast

Hosted by experienced Energy Director, Alex Wolfe, the Wolfe Power Club Podcast is where the world’s most critical energy debates come to life. Every Wednesday, we gather leading voices from industry, business, and government to tackle the challenges and opportunities shaping the global energy transition.

Born from frustration with oversimplified narratives, Wolfe Power Club aims to cut through noise and deliver dynamic, solution-focused dialogue. From breakthroughs in sustainable aviation fuel and record years in nuclear trading, to diversity in leadership, we navigate the energy trilemma. Our conversations bring insight, authority and clarity to one of the world’s most vital industries.

Whether you’re in the boardroom, at a trade show, or simply passionate about the future of energy... download, listen and run with the pack!

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Wolfe Power Club Podcast

How High Could Oil and Gas Prices Go? Strait of Hormuz Closure

March 04, 2026 • Studio 55 Group Limited • Season 2 • Episode 27

0:00 | 44:48

How vulnerable are global oil markets to escalation involving Iran?

Nearly 20% of the world’s traded crude oil passes through the Strait of Hormuz, making it the most strategically important energy chokepoint in the world. As tensions rise in the Middle East, investors and businesses are reassessing supply risk in 2026.

In this episode, Andy Critchlow, Global Head of News at S&P Global Energy & Platts, examines with host Alex Wolfe:

The strategic importance of the Strait of Hormuz
Iran’s oil export volumes over the past 12 months and their role in global supply
The immediate market reaction following the latest developments
Why oil began 2026 near $60 per barrel despite geopolitical risk
Whether disruption involving Iran would be more complex than the post-Ukraine rebalancing
The key indicators shaping energy security, pricing and volatility

With markets entering the year in apparent oversupply, this episode explores whether geopolitical risk is fully reflected in current oil prices and what could shift the balance in the months ahead.

Andy Critchlow is an experienced British business journalist and editor, currently serving as the Head of News for EMEA at S&P Global Commodity Insights. Specialising in energy, commodities and Middle East politics, he has over 25 years of experience, including previous roles at Reuters Breakingviews, The Wall Street Journal and Bloomberg.

Be sure to join us for our upcoming fundraiser event with SSAFA, the Armed Forces Charity, on Thursday 26th March 2026. Tickets are available: https://www.eventbrite.co.uk/e/ssafa-fundraiser-the-greatest-car-company-debate-charity-auction-tickets-1977379995797

#straitofhormuz #iranoil #oilprices

Season Two is in Partnership with The Spectator

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