The war launched by the United States and Israel against Iran triggered the mother of all commodity-supply shocks. In response, Iran had all but closed the Strait of Hormuz, bringing to a standstill the delivery of huge amounts of the world economy’s critical inputs. For a time we were bracing for a period projected to be more severe than the monumental oil shocks of 1973 and 1979. As U.S.-Iran talks conclude, we’re left wondering what this war means for both global energy and the US empire.

Join Tim Sahay, co-director of the Net Zero Industrial Policy Lab and co-host with Kate Mackenzie of “The Polycrisis,” a podcast about the geopolitics of energy, for a discussion at Mouse about the dawn of the new electric world order.