About this episode
The episode discusses the impact of the Iran war on global energy prices and features insights from experts on the economic implications.
The average price of gas in the U.S. hit a wartime high of $4.30 on Thursday, according to AAA. Bloomberg's Michael Regan breaks down the latest numbers. And, the closure of the Strait of Hormuz has sent global energy prices skyrocketing and led to oil and gas shortages in parts of the world. Economic historian, author and S&P Global vice chairman Daniel Yergin says the Hormuz oil shock will lead to a new global balance of power. He joins us. See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy
People in this episode
Guests: Michael Regan, Daniel Yergin
Topics covered
- Iran war
- energy prices
- oil shock
- global balance of power
- gas prices
- economic impact
Keywords
- Iran war
- energy prices
- gas prices
- oil shock
- global economy
- Daniel Yergin
- Michael Regan
Mentioned in this episode
Organizations: AAA, Bloomberg, S&P Global
Places: Strait of Hormuz, U.S.
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