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How much pain will Americans feel if the Strait of Hormuz stays disrupted?
How much pain will Americans feel if the Strait of Hormuz stays disrupted?

How much pain will Americans feel if the Strait of Hormuz stays disrupted?

Oil just shot past $100 a barrel after U.S. strikes on Iran and escalating threats to hit their oil infrastructure, and gas prices have already jumped nearly 80 cents in a month. This isn’t just “over there"; if the Strait of Hormuz stays disrupted, that’s 20% of the world’s oil supply in play. So how bad could this actually get, and how much pain are we about to feel here at home? Greg Upton, Associate Research Professor at LSU's Center for Energy Studies, joins Ian Hoch to discuss the issue.

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