Episode Details

Global oil and gas prices soar due to the Iran war, causing a shortage of crude. The International Energy Agency releases a record 400 million barrels from emergency reserves, while President Trump taps the Strategic Petroleum Reserve and lifts sanctions on Russian and Iranian oil. However, these measures are temporary relief as consumers grapple with higher costs. The real solution lies in reopening the Strait of Hormuz, but until then, the crisis persists.

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