Global Risk Forum 440 & 441

Posted: May 27, 2026

A lot of what’s happening this week across markets, politics and tech is really coming back to one thing: energy.

BP (British Petroleum) has had a notable governance shake-up with the removal of its chair, Albert Manifold, following concerns around oversight and conduct. It’s not just a routine leadership change — it reflects a wider pattern across major energy firms, where leadership is under growing pressure from volatile markets, political pressure and the pace of the energy transition. Corporate risk in this space is increasingly becoming market-moving news.

At the same time, oil has moved back above $100 per barrel. The reason is familiar — ongoing geopolitical tension and uncertainty around key supply routes — but the impact is immediate. It brings inflation pressure straight back into the system, with energy once again acting as the main channel through which global instability shows up in everyday costs.

In Europe, that’s already starting to show, with energy prices rising again and inflation expectations following. Policymakers are back in a familiar balancing act between affordability and energy security, and increasingly, governments and major oil and gas producers are recalibrating parts of the Green Agenda in favour of more traditional energy priorities centred on domestic production, supply resilience and strategic energy independence.

On top of that, the rapid growth of AI and data infrastructure is quietly adding more pressure to the system, with rising electricity demand from data centres and computation now becoming part of energy planning conversations.

Join us this week for Global Risk Forum 440 & 441 to talk through these themes, hear what’s emerging in your regions and sectors and share your views on the risks you’re seeing.