Spain’s Energy Security Amid Middle East Tensions

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This episode examines Spain’s energy resilience as instability in the Middle East raises concerns about a potential closure of the Strait of Hormuz. Backing a proposal from the International Energy Agency to release 400 million barrels of oil, Spain supports a coordinated international response to stabilize markets. We explore the country’s strategic reserves—enough for 96 days of demand—how they exceed global safety thresholds, and whether deploying them could help cushion economic volatility and deter market speculation.