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War in Iran Triggers Chaos in Global Oil Market

War in Iran Triggers Chaos in Global Oil Market

The Daily vor 6 Monaten

0:00

29:21

As Iran has tightened its chokehold on one of the world’s most
vital shipping routes and the Trump administration sent mixed
signals about how long the war would last, oil prices have swung
wildly.

Rebecca F. Elliott, who covers energy for The New York Times,
explains just how much the world depends on that route — the
Strait of Hormuz — and how quickly shutting it down can throw
global energy markets into chaos.

Guest: Rebecca F. Elliott, who covers energy for
The New York Times.

Background reading:

How war in the Middle East is choking off the world’s oil and
gas.

A jump in oil prices was a sign of growing concern that the
war will continue to take a toll on energy supplies.

Photo: An island in part of the Strait of Hormuz. The war in the
Middle East has affected the strait, a conduit for about a fifth
of the world’s oil. Nicolas Economou/Reuters

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each episode will be made available by the next workday.

For more information on today’s episode, visit
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episode will be made available by the next workday.

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