Guardians of the energy markets gather in Bangkok
Sir Tony Blair knows what happens when energy, politics and the Middle East collide. He entered Downing Street in 1997 with oil below $20 a barrel and left a decade later with it averaging around $70-$75 – three consecutive election wins bracketing a nearly fourfold rise in the price of energy. The morning he resigned, he became the Quartet’s special envoy to the Middle East, a post he held until…
Former British Prime Minister Sir Tony Blair is set to join energy industry leaders at the Gastech Gala Dinner in Bangkok this week. Known for his time as the Quartet’s special envoy to the Middle East, Blair's experience from the 1990s through the rise in energy prices will be particularly valuable in the current climate. With oil prices averaging around $70-$75 during his tenure, the former prime minister's insights are highly sought after as the region grapples with an energy crisis.
The gathering at Bangkok marks a shift from the optimism about net zero in Milan a year ago, as the leaders of ExxonMobil, Shell, Eni, Adnoc, and Chevron, along with Blair, discuss the implications of the ongoing energy crisis for global markets.
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