The Energy Shock Is Here

The Energy Shock Is Here

From The Journal. by The Wall Street Journal & Spotify Studios

April 15, 2026 · 19 min

About this episode

The episode discusses the impact of the energy shock from the Strait of Hormuz on the global economy and U.S. inflation.

Get your tickets to our L.A. live show here! The standoff in the Strait of Hormuz means millions of barrels of oil are still trapped in the Persian Gulf. As countries around the world begin to feel the impact of that energy shock, new inflation numbers are signalling that the U.S. economy is being impacted too. WSJ’s David Uberti explains how the stock market and consumers are processing what could be the worst oil crisis ever. Jessica Mendoza hosts. Further Listening: - The Strait of Hormuz Showdown - In Iran, an Uneasy Calm Amid a Cease-Fire - Will the U.S.-Iran Cease-Fire Hold? Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

People in this episode

Host: Jessica Mendoza

Guest: David Uberti

Topics covered

  • energy crisis
  • inflation
  • oil market
  • U.S. economy
  • stock market
  • Middle East tensions

Keywords

  • energy shock
  • oil crisis
  • inflation
  • stock market
  • Persian Gulf
  • U.S. economy
  • Strait of Hormuz

Mentioned in this episode

Organizations: The Wall Street Journal, Spotify Studios

Places: Strait of Hormuz, Persian Gulf, U.S.

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