21 Miles Wide, $36 Higher: How the Hormuz Crisis and the AI Grid Are Rewriting the Energy Playbook
Oil spiked $57 in a single quarter. AI data centers now eat 6.5% of US electricity. Two shocks hitting the same grid — and investors haven't connected the dots.
About this episode
The Strait of Hormuz — 21 miles wide — has been effectively closed since February 28, triggering the largest oil supply disruption in recorded history and sending Brent crude from $61 to $118 per barrel in a single quarter. Meanwhile, AI data centers are quietly consuming a growing share of US electricity, forcing utilities to build new natural gas plants on emergency timelines. James and Elena break down how these two simultaneous shocks — one geopolitical and acute, one technological and structural — are interacting in ways the market hasn't fully priced, and what it means for inflation, the Fed, and energy portfolios.
Timestamps
Disclaimer
This podcast is financial commentary for informational purposes only and does not constitute a recommendation to buy or sell any security. We are not a registered investment advisor. Consult a licensed financial professional before making any investment decisions.