The oil apocalypse is here

The three separate oil shocks upending the world Thank you to Odoo for sponsoring this video! To get started building your own website, visit: https://www.odoo.com/r/elD What began as one oil shock has now multiplied into three separate catastrophes – an oil shock, a shipping shock, and a refinery shock – each triggered by a different war in a different part of the world, culminating into a global catastrophe that’s already hitting. This video would not have been possible without reporting by Bloomberg, the Wall Street Journal, the Financial Times, Reuters, CNN, Defense Express, Marine Link, and others. Join Newpress, our community-driven hub for creator journalism: https://newpress.com/welcome Welcome to The Bigger Picture, a new show that makes sense of important news through clear visual explanations and analysis. Subscribe and turn on notifications 🔔 so you don't miss any videos: ‪https://www.youtube.com/@UCqPTW4CeoAgq111DA__mP9g CHECK OUT OUR OTHER CHANNELS: Johnny Harris: https://www.youtube.com/@johnnyharris Search Party with Sam Ellis: https://www.youtube.com/@samellis Tunnel Vision with Christophe Haubursin: https://www.youtube.com/@christophe Original music for this video was composed by Tom Fox. About: Max Fisher is a veteran journalist who has reported from over 20 countries. His show, The Bigger Picture, illuminates our world by exploring how it really works, from the sweep of geopolitics to the deepest recesses of our minds. Before going independent, Max was a staff writer at The Atlantic and The Washington Post, a founding editor of Vox, and a long-time foreign correspondent and columnist for The New York Times, where he was a finalist for the Pulitzer Prize. His book, The Chaos Machine: The Inside Story of How Social Media Rewired Our Minds and Our World, was an NPR and New Yorker best book of 2022. Where to find me: Twitter/X: https://www.x.com/Max_Fisher Instagram: https://www.instagram.com/maxfishershow Business Inquiries: [email protected] -- VIDEO CHAPTERS -- 0:00 Intro 1:44 Oil shock #1 6:58 Oil shock #2 13:39 The shipping shock 18:14 The refinery shock 28:24 Oil apocalypse