As conflict and instability in the Middle East continue to shape global energy markets, Americans are beginning to feel the effects far beyond the gas pump. Host David M. Satterfield speaks with energy experts Kenneth B. Medlock III and Mark Finley about why oil prices react so sharply to geopolitical shocks. They discuss how those shifts ripple through airline fares, travel costs, inflation, and household budgets, and what could transpire in the months ahead as conflict in the Middle East continues.
This conversation was recorded on May 13, 2026.
Listen and subscribe to “Baker Briefing” on Apple, Spotify, or your preferred podcast platform.
Mentioned in this episode:
Hosted by David M. Satterfield, the “Baker Briefing” podcast delivers timely analysis on breaking policy developments and other critical policy issues of the day in conversations with experts at the Baker Institute. New episodes are released weekly.
Select episodes of “Baker Briefing” are recorded in front of a live audience at Rice University in Houston, Texas. These recordings are free and open to the public. To learn about upcoming recordings and other public programming from the Baker Institute, subscribe to our “Events Digest” newsletter, delivered weekly.
This material may be quoted or reproduced without prior permission, provided appropriate credit is given to the author and Rice University’s Baker Institute for Public Policy. The views expressed herein are those of the individual author(s), and do not necessarily represent the views of Rice University’s Baker Institute for Public Policy.
