Episode Details

Oil prices are surging as global supply tightens amid escalating Iran tensions, with U.S. strategic reserves hitting a 40-year low—forcing a slow, costly refill while other nations like Canada skip mandatory stockpiles. Iran’s attacks on Gulf infrastructure and its threat to keep the Strait of Hormuz closed until U.S. demands are met are fueling market chaos, proving how fragile oil markets are when supply shocks meet geopolitical brinkmanship.

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