The Long-Term Global Economic Damage From the War With Iran

The Long-Term Global Economic Damage From the War With Iran

From Trumponomics by Bloomberg

April 8, 2026 · 23 min

About this episode

The episode discusses the economic fallout and geopolitical stakes of the US-Israel war with Iran, particularly its impact on global trade and energy prices.

On this episode of Trumponomics , host Stephanie Flanders examines how the US-Israel war with Iran has choked one of the world’s most vital shipping routes and tested the foundations of global trade. With traffic through the Strait of Hormuz severely constrained and hundreds of vessels backed up, the disruption is pushing up energy prices and raising fresh concerns about the reliability of supply chains. Bloomberg Global Trade Editor Brendan Murray and Africa and Middle East Correspondent Peter Martin join to unpack the economic fallout and geopolitical stakes. See omnystudio.com/listener for privacy information.

People in this episode

Host: Stephanie Flanders

Guests: Brendan Murray, Peter Martin

Topics covered

  • global trade
  • economic impact
  • energy prices
  • supply chain
  • geopolitics

Keywords

  • Iran
  • global trade
  • energy prices
  • Strait of Hormuz
  • supply chain
  • geopolitics

Mentioned in this episode

Organizations: Bloomberg

Places: Iran, Strait of Hormuz, US, Israel

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