The Economic Crisis of the Iran War Goes Far Beyond Oil

The Strait of Hormuz is the tiny bottleneck that could destabilize the global economy. As a critical passageway for crude oil, natural gas, and critical inputs for fertilizer, computer chips, and plastic, this small stretch of water is a tiny chokepoint for global trade, and the war in Iran has all but shut it down. What does this mean for the U.S. economy and other countries around the world?  Geopolitical analyst Rachel Ziemba joins the show to discuss. Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at [email protected]. Host: Derek Thompson Guest: Rachel Ziemba Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices