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. bombing resumes, we’re left wondering what this war means for both global energy and the U.S. 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.