What is the global energy cost to the Iran-Israel conflict?

For decades, conflicts in the Middle East have frequently spooked energy markets and disrupted the global economy. So far though, Iran’s latest clash with Israel is causing more shrugs than drastic price spikes. POLITICO’s Ben Lefebvre breaks down why the energy markets aren’t panicking but how they could be tested if the conflict escalates. Plus, the Nuclear Regulatory Commission's power to authorize temporary nuclear waste storage facilities will soon face Supreme Court scrutiny. Ben Lefebvre is an energy reporter for POLITICO.  Catherine Morehouse is an energy reporter for POLITICO.  Nirmal Mulaikal is a POLITICO audio host-producer.  Annie Rees is the managing producer for audio at POLITICO. Gloria Gonzalez is the deputy energy editor for POLITICO.  Matt Daily is the energy editor for POLITICO. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Learn more about your ad choices. Visit megaphone.fm/adchoices