Episode Details

The Iran war may be winding down, but don’t expect your gas prices, flights, or groceries to drop anytime soon. Even with peace, supply chains are still reeling — from fertilizer and food to shoes — as shipping disruptions through the Strait of Hormuz ripple through global markets. Oil refineries lock in prices weeks ahead, delaying cheaper fuel at the pump, especially on the West Coast. Airlines won’t slash fares anytime soon, since fuel costs are locked in and adjustments take months. Grocery prices? They’re stuck too — fuel hikes and fertilizer shortages are squeezing farmers, pushing food costs higher and longer. Retailers face soaring import costs, meaning your wallet’s still in for a rough ride. Normalcy? That’s a marathon, not a sprint.

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