Episode Details

The International Energy Agencys chief warns of an unprecedented energy crisis, with Europe potentially running out of jet fuel in six weeks due to the Iran war blocking the Strait of Hormuz. This could lead to soaring gasoline prices, skyrocketing gas and electricity bills, and severe global economic impact. Poorer nations in Asia, Africa, and Latin America will be hit hardest, while richer ones also struggle. Over one hundred ten oil tankers and fifteen LNG carriers are stranded, and repairs to damaged energy sites could take up to two years. Leaders must advocate for unobstructed oil flow to prevent long-term pain and set dangerous precedents for other straits.

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