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Could OPEC break lead to era of energy volatility?

play Live Sign upShow navigation menuplay Live Click here to searchsearchSign upplay videoplay videoVideo Duration 21 minutes 04 seconds play-arrow21:04The TakeCould OPEC break lead to era of energy volatility?How unstable is the global oil market?

Iran has attacked a UAE petroleum site in Fujairah, just days after the United Arab Emirates announced it was leaving OPEC. As the Strait of Hormuz crisis deepens and oil prices keep rising, could this accelerate the shift to renewables, or are we heading into an era of energy volatility?

This episode was produced by David Enders and Sarí el-Khalili with Chloe K. Li, Catherine Nouhan, Tuleen Barakat, and our guest host, Kevin Hirten. It was edited by Tamara Khandaker.

Our sound designer is Alex Roldan. Our video editors are Hisham Abu Salah and Mohannad al-Melhem. Alexandra Locke is The Take’s executive producer.

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Read original at Al Jazeera English

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