About this episode

The episode discusses the ongoing crisis in the Strait of Hormuz due to military actions affecting global shipping and oil prices.

Ever since the US and Israel began bombing Iran, the Strait Of Hormuz has become the most watched shipping lane in the world economy. The strait itself is just a narrow waterway between the Persian Gulf and the Gulf Of Oman, but much of the world's oil and other crucial material, such as industrial helium, flow through it. Now, after weeks of bombing and retaliation, the strait is gummed up, with hundreds of ships stranded, little traffic, and no end in sight. We're already seeing prices at t...

Topics covered

• shipping crisis
• oil prices
• geopolitical conflict
• Strait of Hormuz
• global economy

Keywords

• Strait of Hormuz
• shipping lane
• oil crisis
• Iran
• geopolitics

Mentioned in this episode

Organizations: US, Israel

Places: Iran, Strait Of Hormuz, Persian Gulf, Gulf Of Oman

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