How the war on Iran exposes global economic interconnectedness (Episode 29) @PetersonInstitute

Uploaded March 2026 | Updated September 2026, 1 week ago

The war against Iran by the United States and Israel has spread turmoil through oil and natural gas markets, spiking prices and threatening the world economy. How will the war impact the global economy, climate, and the determination of many countries to pursue energy from renewable sources? Adnan Mazarei (PIIE) joins host Monica de Bolle to explore the ramifications of another war in Iran; what it means for oil, natural gas, and other critical input markets; and how it might affect environmental efforts and the green transition.

This podcast is produced by the Peterson Institute for International Economics.

Music by Baegel/When I Hop/Courtesy of Epidemic Sound.

Download the episode transcript [PDF] (piie.com/sites/default/files/2026-03/2026-03-24-pftp-ep29.pdf)

Learn more about Adnan Mazarei (piie.com/experts/senior-research-staff/adnan-mazarei) .

Learn more about Monica de Bolle (piie.com/experts/senior-research-staff/monica-de-bolle) .

How the war on Iran exposes global economic interconnectedness (Episode 29)

$The Florence Report: An agenda for Europe The Peterson Institute for International Economics and the Centre for Economic Policy Research (CEPR) host a discussion of The Florence Report: Reconfiguring Europe in a fractured global economy. As Europe confronts slowing growth, competitiveness pressures, geopolitical fragmentation, demographic change, and renewed demands on public institutions, the Florence Report outlines the needed move towards a more integrated and cohesive approach to economic policy. This event explores the path toward a new European social contract, one centered on renewed economic strategy, resilience, solidarity, and sustainable growth. The discussion features leading experts on the European Unions political economy from both the United States and Europe. The 2026 Florence Report, edited by Marco Buti, Giancarlo Corsetti, and Anna Peychev (European University Institute), is the flagship initiative of the Economic and Monetary Union (EMU) Lab at the European University Institute. MODERATOR Adam S. Posen President, Peterson Institute for International Economics (PIIE); Centre for Economic Policy Research (CEPR) SPEAKERS Marco Buti Tommaso Padoa Schioppa Chair, Robert Schuman Centre for Advanced Studies, European University Institute; Member, Research Policy Network, CEPR Giancarlo Corsetti Professor of Economics and Joint Chair, Department of Economics, Robert Schuman Centre for Advanced Studies, European University Institute; CEPR Jeffry Frieden Professor of International and Public Affairs and Political Science, Columbia University Harold James Professor of History and International Affairs, Claude and Lore Kelly Professor of European Studies, Princeton University Beatrice Weder di Mauro President, CEPR; André Hoffmann Chair of Economics, Climate, and Nature Finance, Geneva Graduate Institute For more information, visit: https://www.piie.com/events/2026/florence-report-new-agenda-europe Subscribe to receive notices of upcoming PIIE events: https://www.piie.com/subscribe Follow the Peterson Institute for International Economics on social media! Twitter: https://twitter.com/piie LinkedIn: https://www.linkedin.com/company/piie Bluesky: https://bsky.app/profile/piie.com$

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