Bonus: A US shale pioneer on the Middle East war
Financial Times
— · 16min
Global oil markets have faced historic disruption since the Iran war began in February.
The FT’s Jamie Smyth speaks with shale pioneer Scott Sheffield and his son Bryan about energy security and why the crisis could reshape the future for oil and gas.
Correction April 23, 2026: While Mike Sommers, CEO of the American Petroleum Institute, stressed the importance of restoring traffic through the Strait of Hormuz.
The API would like to clarify that the group does not have an opinion on the US government’s deployment of American troops to Iran.
Mentioned in this podcast:
https://www.ft.com/content/0f41cbd9-58e5-4f0c-b975-3e6b919f1431?syn-25a6b1a6=1" rel="noopener noreferrer" target="_blank">Trump administration urges US oil bosses to increase drilling
https://www.ft.com/content/97142bb8-cd79-4c61-bc96-286949a4164b?syn-25a6b1a6=1" rel="noopener noreferrer" target="_blank">Fracking pioneers look overseas as US shale revolution goes global
https://www.ft.com/content/ac41fd5b-dcd8-4a12-8c81-f10df7cc4c8a?syn-25a6b1a6=1" rel="noopener noreferrer" target="_blank">‘As big as Saudi Arabia’: the Permian oilman who sold Pioneer to Exxon
Note: The FT does not use generative AI to voice its podcasts
This episode was hosted and produced by https://www.ft.com/michela-tindera" rel="noopener noreferrer" target="_blank">Michela Tindera.
It was edited by Victoria Craig.
Our show was mixed by Sam Giovinco.
Additional help from Gavin Kallman.
Our executive producer is Topher Forhecz.
Cheryl Brumley is the FT’s Global Head of Audio.
The show’s theme music is by Metaphor Music.
https://www.ft.com/content/333765b8-a1d1-4859-b870-6c9b525f84e0" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com
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