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Oil Wars: A thing of the past?

January 5th, 2016

Episode 430 of 643 episodes

We look at the new era of cheap oil worldwide - could it be threatened by rising tensions in the Middle East? And to what extent are conflicts in that region being influenced by global oil prices? We hear from two experts: Richard Mallinson of Energy Aspects in London, and from Geneva, international geo-political expert, Torek Farhadi. Also in the programme, we hear from an Australian entrepreneur, Stuart Smith, CEO of Redflow, who reckons he's developed the perfect battery for Africa. He says it will leapfrog the grid and help people in poor, hot countries to extend their solar power supply through the night. And finally we look at the likely El Nino effect on California. The BBC's Regan Morris says forecasters anticipate heavy rains in the coming months, but that it won't be enough to reverse years of drought. (Picture: An oil tanker cruises towards the Strait of Hormuz; Credit: Marwan Naamani/AFP/Getty Images)