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Iran War Fuels Oil Profits; Mazzucato Advocates Green Economy

4/19/2026

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Story summary
  • Redi Tlhabi, interviewer, interviews economist Mariana Mazzucato about the economic impact of the Iran war.
  • The Iran war has caused the largest oil supply disruption in history, driving energy prices higher.
  • Oil and gas companies are reportedly earning about $30 million per hour in profits.
  • Mazzucato argues for a genuine green industrial strategy.
  • Mazzucato critiques the World Bank and proposes a “common good economy” as a guide for governments.