Jacob Shapiro sits down with veteran energy analyst Josef Schachter to dissect the explosive reality of the global oil market on April 14, 2026. As the US-Israel-Iran war enters its sixth week, the “sanguine” market attitude is finally breaking. We dive deep into the strategic importance of Karg Island, the imminent threat of $150 oil, and the “kill switch” that could trigger a global recession by May.

Are we witnessing the end of the Persian Gulf’s dominance? Josef outlines the massive geopolitical shift toward North American energy hegemony and why Canada is the “sleeping giant” in this new world order. We also discuss Trump’s “drill baby drill” reality check and the 7-day countdown to a potential amphibious assault that will change energy prices forever.