Jun 4, 2026 · 20 min · 11 segments
As the energy crisis caused by disruptions to oil and gas flows through the Strait of Hormuz continues to unfold, how is it shifting energy investment priorities around the world? In this episode…
Kirsten SmithGuest
Cecilia TamGuest
Dan HewittHost
The world is living through its second energy crisis in just five years, this time triggered by the effective closure of the Strait of Hormuz.

But how is this latest crisis changing the way the world invests in energy? The World Energy Investment Report tracks the big investment trends across the energy sector, and it shows how priorities and evaluation of risk are changing.

Countries are already diversifying their trade routes and turning towards domestic energy, but what impact could today's supply shock have on future investment plans? Joining me from the IEA are Kirsten Smith, an energy investment analyst, and Cecilia Tam, head of the Energy Investment Unit.
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The world is living through its second energy crisis in just five years, this time triggered by the effective closure of the Strait of Hormuz.

But how is this latest crisis changing the way the world invests in energy? The World Energy Investment Report tracks the big investment trends across the energy sector, and it shows how priorities and evaluation of risk are changing.

Countries are already diversifying their trade routes and turning towards domestic energy, but what impact could today's supply shock have on future investment plans? Joining me from the IEA are Kirsten Smith, an energy investment analyst, and Cecilia Tam, head of the Energy Investment Unit.