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Oil and gas producers in the Gulf: a deep dive (part 1 of 2)
Episode 75
Tuesday, 21 April, 2026
All eyes are currently on the Gulf due to the US-Israel war with Iran and the disruptions around the Strait of Hormuz. In this two-part series, the Climate Briefing co-hosts and their guests take a deep dive into the region, which plays a crucial role in the global supply of oil and gas. How did the Gulf countries become such dominant fossil fuel exporters? What has this dominance meant for their geopolitical influence? What role have oil and gas played in conflicts and coups in the region? And what might the future hold for the Gulf producers? In the first part of the series, Anna and Bhargabi delve into the history of the region together with Professor Paul Stevens (Associate Fellow at Chatham House; Emeritus Professor at the University of Dundee; Distinguished Fellow at the Al-Attiyah Foundation; and Distinguished Fellow at the Institute of Energy Economics), who has published extensively on energy economics, the international petroleum industry, economic development issues, and the political economy of the Gulf. The second part of the series will focus on how the Gulf producers are approaching — and may be affected by — the energy transition, as well as what the long-term implications of the Iran war might be for the region.
