Iran War Causing ‘Fundamental Shift’ In How Resources Are Distributed w/ Prof. Richard Wolff
About this episode
The episode discusses the impact of the US-Iran war on global resource distribution, particularly focusing on oil and fertilizer trade through the Strait of Hormuz.
According to the International Energy Agency, around 25% of the world's seaborne oil trade is transiting through the Strait of Hormuz, and the options to bypass it are limited. According to the UN Trade and Development Organization, around 30% of global seaborne fertilizer volumes pass through the Strait of Hormuz. Both have been significantly impacted by the US-Iran war. Professor Richard Wolff and producer Nicole Roussell discuss. Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com . Join the The Socialist Program community at http://www.patreon.com/thesocialistprogram to get exclusive content and help keep this show on the air.
More episodes of The Socialist Program with Brian Becker
- Biggest Home Insurance Companies Denied Nearly Half of Last Year’s Claims
- U.S. Inequality Can’t Be Propped Up By Force Alone w/ Prof. Richard Wolff
- US Claims Cuba Planning Drone Attack, While Actually Planning To Attack Cuba [Preview]
- Iran: A Bigger Defeat Than Vietnam? [Preview]
- Spirit Is Gone, But We Could Build A People’s Airline In The United States
Explore listener stats, chart rankings, contacts and more on the The Socialist Program with Brian Becker podcast page.