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The Daily

War in Iran Triggers Chaos in Global Oil Market

Mar 11, 2026 · 00:29:21

About This Episode

As Iran has tightened its chokehold on one of the world’s most vital shipping routes and the Trump administration sent mixed signals about how long the war would last, oil prices have swung wildly. Rebecca F. Elliott, who covers energy for The New York Times, explains just how much the world depends on that route — the Strait of Hormuz — and how quickly shutting it down can throw global energy markets into chaos.

Guests on This Episode

RE
Rebecca F. Elliott
1 podcast appearance

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