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The views expressed on this podcast are those of the participants, not of Roiders' News.

As oil surged past $100 a barrel, U.S. President Donald Trump said on Monday that the war in Iran

will be over pretty quickly. Financial markets seem to be pricing in a fairly swift resolution

to the conflict,

but disruption in energy supplies could still have lasting effects on the global economy.

We can't predict what will happen in the short term, but this week's viewsroom is taking a step back

and looking at the longer-term consequences of stubbornly elevated oil prices. And for clarity,

we are recording on Tuesday. It's Amy. And it's Jonathan. And this is The Views Room,

your weekly podcast diving into the biggest stories in politics, economics, and finance.

And Amy, we're going to be diving specifically, like you say, into the economic

fallout of what's been happening with oil prices. And I think it's incumbent on us to remember

that this is an election year in the United States. The U.S. obviously launching these attacks

alongside Israel, starting this entire conflict that is very quickly engulfed Iran's regional neighbors

and has threatened a ton of crucial oil infrastructure.

And we've seen markets that have swung between Fibral and oddly placid on this news.

You mentioned oil went past 100 bucks.

We've now got Brent back down below 100.

We had this seeming tease from the Trump administration that maybe they were going to declare mission accomplished, but then no, it turns out aftermarket close.

...