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Daniel Sternoff

Senior Fellow at the Center on Global Energy Policy (CGEP), Columbia University SIPA · Host, Columbia Energy Exchange — Iran Conflict Brief series

Quotes

Some 1500 vessels laden with crude oil, oil products, natural gas, fertilizers, chemicals and other goods trapped in the Persian Gulf by a dual U.S. Iranian blockade... inventories are rapidly depleting and will probably hit critical levels by the end of June.

These past 80 days have been the story of a disconnecting world with some 1500 vessels laden with crude oil, oil products, natural gas, fertilizers, chemicals and other goods trapped in the Persian Gulf by a dual U.S. Iranian blockade. It seems clear this standoff can't last another 80 days without catastrophic economic consequences.

Pakistan continues indirect mediation between the US and Iran over a memorandum of understanding to end the war, but leaks suggest gaps over nuclear issues in the Strait of Hormuz remain irreconcilably wide... President Trump appears to have only bad options, and his choice lies in acquiescing to the reality of Iranian strategic power over the Strait or a risky military escalation.

2026-05-18-podcast-columbia-energy-exchange-iran-conflict-brief-how-the-iran-standoff-is· 2026-05-18#iran-war-2025-2026#us-iran-nuclear-negotiations-2025-2026
Notes

Daniel Sternoff

One-line summary: Energy-and-geopolitics host at CGEP; convenes the Iran Conflict Brief rapid-response series; reliable framer of the supply-disruption clock and US-China-Iran triangulation.

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