The Energy Shock Is Here
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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