37: Diesel Deals and Drone Threats Shape Oil Markets

Geopolitic dynamics continue to shape global oil markets. Yemen’s Houthis have threatened to attack Saudi Aramco facilities, heightening concerns over the security of Middle Eastern oil supplies. Meanwhile, President Donald Trump has announced a deal for Russia to immediately supply more than 300,000 metric tons of diesel, as fuel prices remain a contentious issue ahead of America’s midterm elections.

In this episode of “The Energy Forum,” Abhi Rajendran and Skip York discuss what these recent developments mean for the global energy market.

Featured:

Abhi Rajendran, https://www.bakerinstitute.org/expert/abhi-rajendran

Skip York, Ph.D., https://www.bakerinstitute.org/expert/harold-skip-york

Mentioned in this episode:

“Mid-2026 Global Oil Market Outlook: Iran Conflict to Have a Lasting Impact,” in Energy Insights 2026: https://issuu.com/mh183/docs/energy_insights_2026/28

This episode was recorded on Oct. 13, 2026.

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