# Pump and circumstance: is China the new OPEC?

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Text version: https://stenobird.com/podcast/economist-podcasts-921330/pump-and-circumstance-is-china-the-new-opec.md
Podcast: [Economist Podcasts](https://stenobird.com/podcast/economist-podcasts-921330)
Published: 2026-08-12T09:04:40+00:00
Episode link: https://shows.acast.com/theintelligencepodcast/episodes/pump-and-circumstance-is-china-the-new-opec
Audio file: https://sphinx.acast.com/p/open/s/d556eb54-6160-4c85-95f4-47d9f5216c49/a/theeconomistallaudio/e/6a7c37287cf3c58886773a66/media.mp3?tk=eyJ0ayI6ImRlZmF1bHQiLCJhZHMiOnRydWUsInNwb25zIjp0cnVlLCJzdGF0dXMiOiJwdWJsaWMifQ==&sig=xFArtrTYxA41wsnJ0RfvRSAPPhUkuEflJBcPazF3pmo
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Duration seconds: 1222

## Resource

The Iran war triggered the largest supply shock in the history of petroleum, yet prices never rose as high as feared. Our correspondent explains how action taken by China steadied global oil flows. Why Brazil has such strict laws on racist language . And the legendary lager of Laos .  Guests and host: Matthieu Favas, commodities editor Ana Lankes, Brazil bureau chief Vishnu Padmanabhan, Asia correspondent  Rosie Blau, co-host of “The Intelligence” Jason Palmer, co-host of “The Intelligence” Topics covered:  China, Iran, oil supplies, OPEC, crude Brazil, hate speech, racism Laos, Beerlao, beer, lager Listen to what matters most, from global politics and business to science and technology— subscribe to The Economist . Hosted on Acast. See acast.com/privacy for more information.

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## Transcript

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