The Strait of Hormuz crisis is pushing U.S. toward economic collapse
About this episode
Brandon Weichert discusses the potential economic impact of the Strait of Hormuz crisis on U.S. oil prices and inflation.
The National Security Hour with Brandon Weichert – Weichert argues that oil prices could approach $200 per barrel if the Strait of Hormuz remains closed. Inflation forecasts are worsening by the week. JPMorgan initially projected inflation climbing above 4 percent under a prolonged blockade scenario, but some analysts now believe inflation could surge closer to 7 percent by late summer...
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