CERAWeek Briefing: Blas Warns of Oil Shortfalls and Market Turbulence

Bloomberg’s Javier Blas, in a Columbia Energy Exchange episode from CERAWeek, explains how Iran-related supply disruptions and White House verbal interventions are keeping oil near $100 while refined products and LNG rise faster, raises the risk of demand destruction if the crisis persists, and discusses the gap between paper vs. physical barrels, Gulf geopolitics, Europe’s gas squeeze, and implications for renewables, coal, and nuclear—along with policy tools like SPR releases.