Episode
Doomberg: Everyone Lies in Oil, Iran War & Trump’s Grand Bargain in China
- Podcast
- Palisades Gold Radio
- Published
- May 14, 2026
- Duration seconds
- 3497
- Processing state
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Summary
Stijn Schmitz welcomes Doomberg to the show. Doomberg is Head Writer For The Doomberg Team and Creator of the Doomberg Substack. The podcast explores the current geopolitical and energy landscape, focusing on the ongoing conflicts in the Middle East and potential global power dynamics. Discussing the current energy market disruptions, Doomberg suggests that while the Strait of Hormuz closure is significant, the market has been surprisingly stable. He estimates the potential oil supply disruption at around 8 million barrels per day, significantly lower than some analysts’ predictions. The sophisticated oil markets have absorbed these challenges, with China potentially playing a crucial role by releasing strategic reserves and managing supply. The conversation delves into a potential grand geopolitical bargain that might be discussed in the upcoming meeting between Trump and Xi in Beijing. Doomberg speculates about a potential realignment of global interests, including a settlement of the Ukraine conflict on terms favorable to Russia, ceding Taiwan to China’s sphere of influence, and dividing Middle Eastern and Arctic territories among major powers. Regarding the US dollar and global economic shifts, Doomberg argues that we’re moving towards a multipolar or potentially Chinese-dominated unipolar world. He sees the sanctions against Russia after Crimea as the beginning of a new world order, with China and Russia challenging US global dominance. The discussion highlights the United States’ significant natural gas advantage, with the country producing 110 billion cubic feet per day and poised to become a major LNG exporter. Doomberg emphasizes the potential for North American energy dominance, particularly through clean and abundant natural gas. Look…