NOW Ep 127: The Everything Shock

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What began as a geopolitical conflict is rapidly becoming something much larger. Oil is only one part of the story.

Natural gas, fertilisers, chemicals, shipping routes, aluminium, aviation fuel and global supply chains are all now being affected by the fallout from the Iran war.

In the latest episode of No Ordinary Wednesday, Jeremy Maggs speaks to Investec’s Osa Mazwai and Campbell Parry about why this is increasingly being described as an “everything shock.”
Could this crisis ultimately accelerate the global shift toward electrification, renewables and new energy systems? 
Listen to the full conversation to find out more.

Read more on www.investec.com/now

Chapters:
00:00 - Introduction
01:38 - What makes this crisis different from previous oil shocks?
03:38 - What are markets beginning to price in?
06:00 - Why the Strait of Hormuz matters to global supply chains
08:50 - Will this delay global interest rate cuts?
10:47 - Are geopolitical risk premiums returning to markets?
13:12 - How exposed is South Africa to rising oil prices?
15:38 - Are South Africa’s structural reforms providing a cushion?
17:18 - Where could South Africa and Africa benefit from the crisis?
20:19 - Why energy and infrastructure opportunities matter now
20:30 - How important is logistics reform for South Africa?
22:04 - Rethinking South Africa’s long-term energy mix
23:29 - What might markets still be underestimating?
25:25 - Five years from now: what lasting impact will matter most?
26:21 - Closing remarks
Chapters
  • 00:00 Introduction
  • 01:38 What makes this crisis different from previous oil shocks?
  • 03:38 What are markets beginning to price in?
  • 06:00 Why the Strait of Hormuz matters to global supply chains
  • 08:50 Will this delay global interest rate cuts?
  • 10:47 Are geopolitical risk premiums returning to markets?
  • 13:12 How exposed is South Africa to rising oil prices?
  • 15:38 Are South Africa’s structural reforms providing a cushion?
  • 17:18 Where could South Africa and Africa benefit from the crisis?
  • 20:19 Why energy and infrastructure opportunities matter now
  • 20:30 How important is logistics reform for South Africa?
  • 22:04 Rethinking South Africa’s long-term energy mix
  • 23:29 What might markets still be underestimating?
  • 25:26 Five years from now: what lasting impact will matter most?
  • 26:21 Closing remarks
20 May English South Africa Business · Investing

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