Iran's role in the global oil supply
Podcast: Marketplace All-in-OnePublished On: Mon Mar 02 2026
Description: The U.S. and Israel's war with Iran means a disruption of global oil markets. Iran has closed navigation through the Strait of Hormuz, leaving hundreds of ships sitting idle. While a slowdown of production and exports could hit China particularly hard, this conflict could also impact what U.S. consumers pay at the pump. This morning, we'll learn more, and then we'll hear how air carriers are being affected by the attack.
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