Why Oil Markets Won’t Recover Quickly From the Iran War

Apr 18th, 2026Why Oil Markets Won’t Recover Quickly From the Iran WarThe war in Iran has sent shockwaves through global energy markets, pushing oil and gas prices higher and raising concerns about long-term supply disruptions. IEA Executive Director Fatih Birol tells Chrystia Freeland that even if the Strait of Hormuz reopens soon, damage to more than 80 energy facilities could take years to repair, keeping markets volatile. IMF Managing Director Kristalina Georgieva has warned that the imbalance between supply and demand, combined with infrastructure damage, could have lasting economic consequences. The result is a growing risk not just for energy prices, but for inflation, food costs, and economic stability worldwide.Duration:3:18Trump Says US Won't Give Iran Any Frozen FundsDuration:4:18The AI Model That Frightens Wall StreetDuration:3:35Trump Says Iran Is Removing Mines From Hormuz StraitDuration:2:00Fed's Waller Expresses Caution About Lowering RatesDuration:8:01Netflix Shares Tank on Weak Forecast; Hastings Steps DownTechnologyDuration:1:06Starmer Says He Wasn't Told Mandelson Failed VettingDuration:2:06Fed's Daly Says Too Early to Tell If War Will Create Long-Term ShockDuration:1:35Israel, Lebanon Agree to 10-Day CeasefireAvailable on:Listen onApple TVListen onRokuListen onSamsung TVListen onFire TVListen onAndroid TVListen onRakuten TVListen onHaystack NewsWatch BTV in your area:Channel Finder