Ridealong has curated the best and most interesting podcasts and clips about Oil Prices.
Top Podcast Clips About Oil Prices
“… this is going to kind of go on two to three weeks, but that basically means indefinitely. You can put A2 up on the screen. I mean, we instantly saw oil prices going back up. Look at that surge. We saw – put the next one up on the screen. You saw stock futures tanking. And this is after they had rallied based on some of the noises he was making and some of the information that was being leaked about how hard he was looking for an exit. So he has run out of his ability to bullshit the markets. And I think that was the real goal of this speech was to continue to try to buy himself some time so he can …”“… some way to extricate himself and the country and the world from this situation. They listened to this speech and they were like, oh, you've got nothing, actually. You actually have nothing. And you're not unilaterally taco-ing. You're saying, OK, this is going to kind of go on two to three weeks, but that basically means indefinitely. You can put A2 up on the screen. I mean, we instantly saw oil prices going back up. Look at that surge. We saw – put the next one up on the screen. You saw stock futures tanking. And this is after they had rallied based on some of the noises he was making and some of the information that was being leaked about how hard he was looking for an exit. So he has run out of his ability to bullshit the markets. And I think that was the real goal of this speech was to continue to try to buy himself some time so he can figure out what he's going to do here or give himself some time maybe to continue to amass more military assets in the region to pursue whatever next military option he's going to pursue.”View more
Ridealong summary
After Trump's recent speech on military strategy, markets reacted sharply, revealing a lack of confidence in his plans. Oil prices surged and stock futures tanked, signaling that investors believe he has no viable options left to resolve the crisis with Iran. This highlights the precarious situation the U.S. finds itself in as Trump struggles to navigate the fallout of his own decisions.
Breaking Points with Krystal and Saagar·4/2/26: Oil Prices Spike As Markets Tank, Iran Predicts US Invasion As Key Negotiator Wounded·Apr 02, 2026
“… I said something like to the moon or something with that respect. Because someone, one of the traders had emailed me a guy who doesn't need oil prices higher or finer who needs them lower. So it's cheaper to run through his system. He said off to the races or to the moon or something like that. I watched the trade. It really didn't move very much during the speech. I kept updating you. When he talked about the part where he said we going to send them back to the stone ages I think that triggered something because that really where it started to tick up to a barrel a barrel When he finished I …”“… market trading, sitting very comfortably down off the highs, but not where we should be. We should be in the 60s or 70s. However, I sent you, you asked me, what is the oil mark? What are the oil guys that the real boots on the ground? What are they thinking? I said something like to the moon or something with that respect. Because someone, one of the traders had emailed me a guy who doesn't need oil prices higher or finer who needs them lower. So it's cheaper to run through his system. He said off to the races or to the moon or something like that. I watched the trade. It really didn't move very much during the speech. I kept updating you. When he talked about the part where he said we going to send them back to the stone ages I think that triggered something because that really where it started to tick up to a barrel a barrel When he finished I think traders were hoping to hear some sort of legitimate off and it just spiked, 101, 102, 103, 105, 107, 108 or so. This morning, I got up, Steve, and I was just shocked. $111, $112 a barrel, that's 15%, $13, $14 a barrel higher. And I just have to tell you that translates, folks, into on the pump, just the overnight move in crude oil. There's 42 …”View more
Ridealong summary
Oil prices skyrocketed from $98 to over $112 a barrel following a pivotal speech that hinted at military escalation. Traders reacted strongly to comments about sending adversaries 'back to the stone ages,' which spurred fears of rising oil costs. This spike translates to significant increases at the pump, impacting consumers immediately.
Bannon`s War Room·Episode 5266: Where We Stand In An Offramp To The War; Cutting An America First Deal·Apr 02, 2026
“… whether actually this is about money. But Katty, before we go, you read out a list, I read out a list, but what could bring Trump down are the gas prices. That's the irony of the whole thing. okay dude you are losing the MAGA people okay you better pull out by 4th of July because they're going to be grilling hot dogs and they'll be driving around in the pickup trucks and they don't want seven eight dollar gas here in the U.S. with all of this going on the states one other thing that I keep being asked about when I'm in Europe particularly and actually when I was down in Mexico is the world cup …”“… about the finances of the Trump family. And Donald Trump Jr. is going around telling people that by the time Donald Trump leaves office in 2028, which he will do, the Trump family will be the richest family in the world. And sometimes you wonder whether actually this is about money. But Katty, before we go, you read out a list, I read out a list, but what could bring Trump down are the gas prices. That's the irony of the whole thing. okay dude you are losing the MAGA people okay you better pull out by 4th of July because they're going to be grilling hot dogs and they'll be driving around in the pickup trucks and they don't want seven eight dollar gas here in the U.S. with all of this going on the states one other thing that I keep being asked about when I'm in Europe particularly and actually when I was down in Mexico is the world cup and whether this could end up being an embarrassing spectacle we were asked in our members only episode this week how trump would react if fans boo the u.s national anthem take a listen trump is going to be angry about it i think most people would be generally upset about it i mean we're booing the canadian national anthem and they're booing our …”View more
Ridealong summary
The real war in America isn't just about power; it's about money, and Trump’s family aims to be the richest in the world by 2028. However, rising gas prices could threaten his support among MAGA voters, especially with the upcoming Fourth of July celebrations. The irony is that while Trump may be focused on financial gains, it's the economic burden on everyday Americans that could ultimately bring him down.
The Rest Is Politics: US·173. What Trump's Unhinged War Speech Means for Iran·Apr 02, 2026
“… 19 minute speech, I noted down it was more than 11 minutes. I think it was actually 13 minutes into the speech, Tim, when Donald Trump mentioned gas prices and the economy, which presumably is the thing that would speak to your casual, non-news focused viewer on network television who might have stumbled into the speech. I find it hard to believe that they would have stuck with the speech for, you know, more than 10 minutes in order for Donald Trump. And by the way, what did he say when he got to the gas prices section of the speech? I thought that was also vintage Trump, which goes to my theory …”“… before the surge in Iraq, who hit 63% at one moment in time. But Donald Trump is bottoming out in the polls. The war is unpopular. People are furious in particular about his handling of the economy. And that's why I was really struck that in this 19 minute speech, I noted down it was more than 11 minutes. I think it was actually 13 minutes into the speech, Tim, when Donald Trump mentioned gas prices and the economy, which presumably is the thing that would speak to your casual, non-news focused viewer on network television who might have stumbled into the speech. I find it hard to believe that they would have stuck with the speech for, you know, more than 10 minutes in order for Donald Trump. And by the way, what did he say when he got to the gas prices section of the speech? I thought that was also vintage Trump, which goes to my theory about the Trump Mad Libs, whether it's war in the Middle East or a global pandemic or an election that he doesn't like the results. He always has the same kind of formula and the same recipe that he just fills in. When he got to the gas prices section of the speech, He basically said, don't worry, Americans, it will just naturally go back to a lower …”View more
Ridealong summary
Trump's recent speech revealed his belief that gas prices will just 'naturally' drop, reflecting his pattern of magical thinking. This comes as his disapproval ratings hit a record 64%, largely due to public frustration over his economic handling. The stark contrast between his optimistic claims and the reality of rising oil prices highlights a disconnect with everyday Americans.
The Bulwark Podcast·Susan Glasser: The President Is Crazy and Delusional·Apr 02, 2026
“… watched markets, you know, like namely like Brent crude, WTI crude, where almost anyone with sort of any expertise in this is like, well, you know, oil prices should be way higher. They're still not even near the nominal all-time high of $147, which in today's terms would be, I think, $223. You know, we're still pretty far off those levels. And, yeah, like I think there's a couple of main reasons. And one is just like I don't think this has been modelled very much at all. It's like closing the Strait of Hormuz has been this, you know, absolute kind of like doomsday scenario in oil markets in …”“… are they anticipating and modelling the price effects and the other kind of broader effects of this kind of disruption? It's a really good question. The markets have been consistently like not pricing this in a way that we would expect in the most watched markets, you know, like namely like Brent crude, WTI crude, where almost anyone with sort of any expertise in this is like, well, you know, oil prices should be way higher. They're still not even near the nominal all-time high of $147, which in today's terms would be, I think, $223. You know, we're still pretty far off those levels. And, yeah, like I think there's a couple of main reasons. And one is just like I don't think this has been modelled very much at all. It's like closing the Strait of Hormuz has been this, you know, absolute kind of like doomsday scenario in oil markets in particular for decades. And like my understanding is a lot of the modelling that was done was in the 90s and 2000s when we didn't have this prospect of such asymmetric warfare. You know, it just wasn't seen as so plausible that the Strait could be closed. so effectively and for so long.”View more
Ridealong summary
The recent energy transition is more fragile than we thought, especially after the 2022 oil and gas shocks sparked by Russia's invasion of Ukraine. This second wave of energy transition highlights the vulnerabilities of global oil dependency and liquefied natural gas markets, which were previously considered stable. Understanding these shifts is crucial as they reshape our energy landscape.
This Machine Kills·451. Do Not Become Addicted to Electrons (ft. Tim Sahay, Kate Mackenzie)·Apr 01, 2026
“… you said you think it can go far north of that. What is the constraint that puts on everything? Why is that such a big issue, aside from just gas prices? Yeah, so if the trade is closed for a prolonged period of time, it can go well above $130. And I don't know. The magic number changes over time just because we keep growing the money supply. So $130 is not the same as $130 barrels 10 years ago. Yeah. But generally speaking, when you do get to a typically high levels, the problem is that's a that's a raw input. And, you know, that, you know, when you have, let's say, a private credit contagion, …”“… after everything we've just spoken about. But when I had Luke Groman on the show recently, he was talking about oil. I think he used the 130 as the benchmark. Oil above $130 is basically a catastrophe for the economy. When we were speaking last night, you said you think it can go far north of that. What is the constraint that puts on everything? Why is that such a big issue, aside from just gas prices? Yeah, so if the trade is closed for a prolonged period of time, it can go well above $130. And I don't know. The magic number changes over time just because we keep growing the money supply. So $130 is not the same as $130 barrels 10 years ago. Yeah. But generally speaking, when you do get to a typically high levels, the problem is that's a that's a raw input. And, you know, that, you know, when you have, let's say, a private credit contagion, that's going to impact funds and things like that. People that have the spare capital gasoline impacts. I mean, there's consumers that are just, you know, they're they're very constrained in terms of their spending in the US. I mean, people have been suffering from higher food prices, higher insurance prices. I mean, even though the bulk of the …”View more
Ridealong summary
Oil prices soaring above $130 could trigger an economic catastrophe, especially for low-income households already struggling with inflation. As gasoline prices rise, consumers face tighter budgets, while businesses operating on thin margins could be severely impacted. This is a critical moment that could redefine economic stability globally.
What Bitcoin Did·The Debt Crisis Is Already Here | Lyn Alden·Apr 01, 2026
“… oil by paying for gasoline and by paying for other products in which the petroleum products are a cost component. And those people are going to see prices go up. And then also the fact that, you know, we may be setting off a global recession here because you have other countries that are net importers that are just going to be in much more pain. They're not going to be able to buy as much of our goods. And so you have negative knock on effects from the fact that this causes so much economic damage globally. And then it's also outrageous because they don't seem to have planned for any of this. …”“… better off when the price of oil goes up. There are oil producers in Texas who are going to have a windfall, and there are local economies in parts of the U.S. that will benefit from investment in oil and gas. But most U.S. consumers interact with oil by paying for gasoline and by paying for other products in which the petroleum products are a cost component. And those people are going to see prices go up. And then also the fact that, you know, we may be setting off a global recession here because you have other countries that are net importers that are just going to be in much more pain. They're not going to be able to buy as much of our goods. And so you have negative knock on effects from the fact that this causes so much economic damage globally. And then it's also outrageous because they don't seem to have planned for any of this. They're making it up as they go along. They have no idea what they're doing. And there are certain obvious things that like if you were Donald Trump and you were coming back into office and you were dead set on invading Iran, you at least would have done certain things to prepare. I mean, for example, they didn't refill the Strategic Petroleum …”View more
Ridealong summary
Trump's actions regarding Iran are leading to a global economic disaster, with rising oil prices and potential recessions looming. Experts argue that the lack of planning and authorization for these actions could have dire consequences for consumers worldwide. As the situation escalates, the ramifications are already being felt in fuel shortages and increased costs for everyday goods.
The Bulwark Podcast·Josh Barro and Paige Cognetti: The World Is Going to Blame Trump·Apr 01, 2026
“… are unable to get them because other nations need them for themselves and are now suddenly unwilling to sell or willing to sell but at such elevated prices that it's unaffordable you're already seeing egypt start rationing power in cairo and other places So this is already a serious crisis. It's much worse than anybody really understands at this point. And because of the way these things are going to play out and how, like I said, there's a fog of wars, it's difficult to get like solid information on some of these things. And it's changing so fast that nobody's really quite sure what this looks …”“… know start resource hoarding to make sure that they have enough that also changes the outcome and we could have situations where you know other like third world nations are just nations that don't naturally produce some of these things themselves are unable to get them because other nations need them for themselves and are now suddenly unwilling to sell or willing to sell but at such elevated prices that it's unaffordable you're already seeing egypt start rationing power in cairo and other places So this is already a serious crisis. It's much worse than anybody really understands at this point. And because of the way these things are going to play out and how, like I said, there's a fog of wars, it's difficult to get like solid information on some of these things. And it's changing so fast that nobody's really quite sure what this looks like.”View more
Ridealong summary
The closure of the Strait of Hormuz could be likened to the global economy suffering a stroke, halting the flow of essential commodities. With 20% of the world's oil and liquid natural gas passing through this vital artery, the impact on global supply chains, especially fertilizers, is dire. The potential for food shortages and resource hoarding could lead to a severe crisis that many are not yet prepared for.
The Milk Road Show·Why This “Boring” Crypto Market Is a Generational Trap w/ John Gillen·Mar 30, 2026
Ridealong summary
The U.S. is on the brink of escalating military actions in the Strait of Hormuz, with President Trump warning of potential strikes on critical infrastructure. This follows erratic messaging from his administration about whether the strait should remain open, raising concerns about global oil supplies. As troop movements suggest imminent action, the world faces a looming crisis if the strait remains closed.
The Megyn Kelly Show·Shock Story About Kristi Noem's Husband's Double Life, and Trump Warns Europe, with Brandon Weichert, Tom Bevan, and Andrew Walworth | Ep. 1285·Mar 31, 2026
“… not, that's actually the market showing restraint. Now that we see that this may be a prolonged conflict, I would bet that it's more likely that the prices will climb faster than they have over the past month. Markets are finally truly pricing in the war because even if it ends tomorrow. It would take months for the price to come back to kind of that February baseline if it ever does. There's a saying in the oil industry, prices go up like a rocket and come down like a feather, especially in this case because of damage to oil and gas infrastructure around the Persian Gulf. That's the sort of thing …”“… almost $105 a barrel. Marketplace's Kristen Schwab gets us going with the oil market yet to come. It took a month for oil to go from $60-something a barrel to $100. Hugh Daigle, a professor of petroleum engineering at UT Austin, says, believe it or not, that's actually the market showing restraint. Now that we see that this may be a prolonged conflict, I would bet that it's more likely that the prices will climb faster than they have over the past month. Markets are finally truly pricing in the war because even if it ends tomorrow. It would take months for the price to come back to kind of that February baseline if it ever does. There's a saying in the oil industry, prices go up like a rocket and come down like a feather, especially in this case because of damage to oil and gas infrastructure around the Persian Gulf. That's the sort of thing that is going to make these high prices persist for a long time. $100 a barrel is also a turning point for consumers because it translates to moving from $3-something to $4 for a gallon of gas. Tom Closa is the chief energy advisor at Gulf Oil. You know, in the United States, the great Satan is high gas prices. Kloza says $4 is a big hurdle for …”View more
Ridealong summary
Oil prices have surged past $100 a barrel, pushing gas prices to around $4 per gallon. Experts warn that sustained high prices could lead to demand destruction, where consumers cut back on driving and spending, significantly impacting the economy. This situation is exacerbated by ongoing conflicts affecting oil shipments and infrastructure damage in the Persian Gulf.
If tensions in the Strait of Hormuz escalate, oil prices could soar to $200 a barrel, potentially breaking the U.S. economy. This alarming prediction comes as geopolitical instability and market volatility push investors to the sidelines, with significant implications for everyday life. The pressure on the economy is mounting, and the consequences could be dire for global populations already facing energy shortages.
The Paul Barron Crypto Show·Market Caution!⚠️Crypto Selloff Update📉·Mar 30, 2026
“As the war unfolds, the average cost of gas have surpassed $4 nationwide. It's closer to 420 actually in Utah, your home state The White House said prices will come down when the war is over But do you think that's enough for Americans who are already facing high prices now and being asked to sacrifice? I want to make sure that those prices are down also as fast as possible And this is the sort of thing that as we invest in making sure that that terrorist nation is not holding the world's oil hostage 20% of the world's oil flows through the Strait of Hormuz and we need to make sure that that …”“As the war unfolds, the average cost of gas have surpassed $4 nationwide. It's closer to 420 actually in Utah, your home state The White House said prices will come down when the war is over But do you think that's enough for Americans who are already facing high prices now and being asked to sacrifice? I want to make sure that those prices are down also as fast as possible And this is the sort of thing that as we invest in making sure that that terrorist nation is not holding the world's oil hostage 20% of the world's oil flows through the Strait of Hormuz and we need to make sure that that terrorist nation is not jacking up the prices associated with gas. So yes, I am concerned. My constituents are concerned about gas prices. I believe this is a temporary, painful yet temporary state of circumstances. And just like I mentioned with the surgery, nobody wants to get surgery. It hurts when it happens, but weeks and months later, people feel …”View more
Ridealong summary
Gas prices have surged past $4 a gallon as war rages, with Utah seeing prices closer to $4.20. While the White House claims prices will drop after the conflict, concerns remain for Americans facing financial strain now. Representative Mike Kennedy emphasizes the importance of addressing the issue, likening the situation to necessary but painful surgery for a better future.
Meet the Press·Meet the Press NOW — March 31·Mar 31, 2026
“… a lot worse, that reality has not completely sunk in. So what they say is the biggest oil supply shock in history has reached the one month mark. Prices have surged. Growth forecasts are being cut worldwide. Shortages are emerging across Asia, Thailand to Pakistan. But the energy industry is warning the crisis is only beginning and they float the possibility of oil going to $200 a barrel. So, you know, are you in agreement with this analysis that we have not even grappled yet with the reality of how bad things are currently, let alone how bad things are going to get? I tend to agree with the …”“… on the screen here. So as of this morning, right now in the markets, I think WTI is at about $101. Brent is at what, Sagar, like $115, somewhere around there. But we have this Bloomberg analysis where a lot of analysts are saying this is going to get a lot worse, that reality has not completely sunk in. So what they say is the biggest oil supply shock in history has reached the one month mark. Prices have surged. Growth forecasts are being cut worldwide. Shortages are emerging across Asia, Thailand to Pakistan. But the energy industry is warning the crisis is only beginning and they float the possibility of oil going to $200 a barrel. So, you know, are you in agreement with this analysis that we have not even grappled yet with the reality of how bad things are currently, let alone how bad things are going to get? I tend to agree with the more gloomy analysts out there. The reason being that what's not taken into account is the difference between this crisis and the 1970s oil crisis that followed the Yom Kippur War. In that case, it was a matter of a political decision by the OPEC, the Arab OPEC members to shut off or turn on the tap. Right. That's all that was involved. And once they …”View more
Ridealong summary
The oil supply crisis is escalating, with analysts predicting prices may soar to $200 a barrel. Unlike the 1970s crisis, this situation involves severe damage to oil infrastructure, complicating any potential recovery. As shortages emerge globally, the economic impact is expected to worsen significantly.
Breaking Points with Krystal and Saagar·3/30/26: Oil Crisis Expands, Israel Blocks Palm Sunday, Scientists Go Missing, Larry Wilkerson On Iran War·Mar 30, 2026
“… loud, they've apparently decided that if maybe the Strait of Hormuz stays closed, that would be OK. The global economy would beg to differ. Crude prices we've touched on already. Dan Ackerman just talked about natural gas in Asia. And oh, by the way, gasoline here, four dollars, two cents a gallon today, as I do not need to remind you. Now, on the theory that incentives matter, you might imagine that paying so much more at the pump would turn consumers' fancy toward EVs. And there is some evidence from the car buying site Edmunds that interest in electric vehicles has indeed ticked up the past …”“… way up today, oiled down just a bit, bonds basically unchanged. We will have the details when we do the numbers. We see you then The Trump administration has apparently decided If you go by what the president and some of his cabinet officials say out loud, they've apparently decided that if maybe the Strait of Hormuz stays closed, that would be OK. The global economy would beg to differ. Crude prices we've touched on already. Dan Ackerman just talked about natural gas in Asia. And oh, by the way, gasoline here, four dollars, two cents a gallon today, as I do not need to remind you. Now, on the theory that incentives matter, you might imagine that paying so much more at the pump would turn consumers' fancy toward EVs. And there is some evidence from the car buying site Edmunds that interest in electric vehicles has indeed ticked up the past couple of few weeks. Enough, though, to make a difference? Marketplace's Henry App reports. Before gas prices started climbing, the EV market entered this year in a tough spot. The Trump administration and Congress stripped away pretty much all the federal policies that had been supporting the expansion of electric vehicles. One of the big ones, …”View more
Ridealong summary
As gas prices soar past four dollars a gallon, interest in electric vehicles (EVs) is unexpectedly spiking. This shift comes after the Trump administration removed federal incentives for EVs, leaving the market in a slump. Now, dealership owner Alex Lawrence is betting on the trend, expanding his inventory as consumers seek alternatives to rising fuel costs.
“… that. And Adam's committed to bringing and doing a podcast with a significant other, hopefully one of these days. We can see that happening. Gas prices are at $4. I saw the gas prices. We've got to talk about that. Humberto came in today for no reason. I get a call from HR saying, why am I getting a complaint to HR from Humberto for gas prices hitting $4? What responsibilities does our HR department have over that? I'm like, RJ, I don't know what to tell you. Humberto, you do one thing, he gets upset.”“… I got a lot of commentary. I'm glad you guys had a good time together. I think the biggest complaint was we didn't talk about Iran enough, so the goal is to go two and a half hours into Iran today, so stay tuned. We're definitely going to be doing that. And Adam's committed to bringing and doing a podcast with a significant other, hopefully one of these days. We can see that happening. Gas prices are at $4. I saw the gas prices. We've got to talk about that. Humberto came in today for no reason. I get a call from HR saying, why am I getting a complaint to HR from Humberto for gas prices hitting $4? What responsibilities does our HR department have over that? I'm like, RJ, I don't know what to tell you. Humberto, you do one thing, he gets upset.”View more
Ridealong summary
Gas prices hitting $4 have led to unexpected complaints to HR, showcasing how even small issues can escalate in the workplace. During a lively podcast, Patrick Bet-David humorously addresses the situation involving a colleague named Humberto, highlighting the absurdity of the complaint. This segment illustrates how everyday frustrations can become topics of discussion, even in a podcast setting.
PBD Podcast·Trump To Address Nation + Dave Smith Debate | PBD #767·Apr 01, 2026
Ridealong summary
Recent military actions in the Middle East, including a U.S. response to an attack on oil facilities, have significant implications for global oil markets. As tensions rise, nations are hesitant to commit militarily, leaving the U.S. to navigate a complex geopolitical landscape that affects oil prices and market stability. Understanding these dynamics is crucial for investors and policymakers alike.
Bannon`s War Room·Episode 5260: Hegseth And Cain Hold Press Briefing; Updates On The War In Iran·Mar 31, 2026
“… was, look, why are you cheering that the market should go down or that oil price should go up? That's bad. It's good that they're not going up, the oil prices. Here's my concern. At first, I didn't say anything because I think, yeah, I don't want Americans to suffer, and I want to give the United States should win, right? Whether you like the war or you don't like the war, America should always win. But here's the problem. When you don't read the signs, especially in physical markets like oil gas gasoline diesel etc and you cheerlead because you want the party to keep going at some point the physical …”“And look, somebody would say to me, you can say to me, I was, look, why are you cheering that the market should go down or that oil price should go up? That's bad. It's good that they're not going up, the oil prices. Here's my concern. At first, I didn't say anything because I think, yeah, I don't want Americans to suffer, and I want to give the United States should win, right? Whether you like the war or you don't like the war, America should always win. But here's the problem. When you don't read the signs, especially in physical markets like oil gas gasoline diesel etc and you cheerlead because you want the party to keep going at some point the physical reality and the wishful thinking clash and then you when they clash you get a crash because now oh shit i'm behind now i got a short i got to get out of my long positions i got to crash everything. That's what happens in markets. That's why they crash. If people read the signs before crashes, we won't have crashes. We'd have declines. So I'd …”View more
Ridealong summary
The market's optimism about oil prices could lead to a catastrophic crash, according to former White House advisor Amos Hochstein. He explains that wishful thinking and ignoring physical market signs can create a dangerous cycle where policymakers make decisions based on unrealistic expectations, ultimately risking economic stability. Hochstein emphasizes the need for accurate market readings to prevent crises and guide effective geopolitical strategies.
The Rundown·Is the Market Misreading the Biggest Energy Shock In Modern History? (Ft. Amos Hochstein)·Mar 29, 2026
“… I'm paying $2,600 a month for my rent, and that ain't no bills included. If you could pick one- $2,600 a month in rent, that's before we have gas prices factored in, which will squeeze the average person, squeeze the average family. That's before you factor in, I mean, whatever healthcare costs, whatever goods and services costs that will be spiked by this oil crisis. Just think about it. When diesel prices spike, diesel underlies the cost of many other goods throughout the globe and throughout the United States. So there will be secondary effects, secondary inflation, and we already see gas …”“Let's listen to how people are feeling at the gas pump. This is one Florida resident. If you could pick one word to describe the state of the economy right now, what would that one word be? All f***ed up. All f***ed up. I'm paying $2,600 a month for my rent, and that ain't no bills included. If you could pick one- $2,600 a month in rent, that's before we have gas prices factored in, which will squeeze the average person, squeeze the average family. That's before you factor in, I mean, whatever healthcare costs, whatever goods and services costs that will be spiked by this oil crisis. Just think about it. When diesel prices spike, diesel underlies the cost of many other goods throughout the globe and throughout the United States. So there will be secondary effects, secondary inflation, and we already see gas prices spiking with no end in sight. This is an 18 chart of gas prices You can see that they actually had stabilized around the area a little above Then they dropped down to about Now it spiking And the other day I made a video where it was about right here. And a lot of commenters were like, okay, it'll probably calm down. It'll probably be done …”View more
Ridealong summary
A Florida resident describes the economy as 'all f***ed up' while lamenting their $2,600 monthly rent, highlighting the impact of rising gas prices. As diesel prices spike, the costs of goods and services are expected to follow, leading to further inflation. This situation raises critical questions about NATO's role and the U.S.'s military commitments abroad amidst ongoing global tensions.
The Adam Mockler Show·Something big is happening...·Apr 01, 2026
Ridealong summary
Donald Trump has issued a stark ultimatum regarding military operations in Iran, threatening to obliterate key infrastructure if peace talks fail. This comes as the U.S. engages in negotiations with what Trump calls a 'more reasonable regime,' despite skepticism about their sincerity. The situation remains tense as Iran's response is unwavering, raising questions about the future of U.S.-Iran relations.
Breaking Points with Krystal and Saagar·3/30/26: Iran Blows Up US Aircraft, Trump Floats Ground Invasion·Mar 30, 2026
“… what we know for sure is happening right now Meanwhile U government officials and Wall Street analysts are starting to consider the prospect that oil prices might surge to an unprecedented a barrel level Right now, the Brent crude market opened at $115 a barrel. WTI crude was over $100 a barrel. The futures markets were tanking. Donald Trump's attempt to manipulate the market were failing. And again, you had all of the Iranian leadership making posts saying, we're not doing negotiations. He's going to try to manipulate the market. Don't believe anything he's saying. We're going to make sure that …”“But that about that That what we know for sure is happening right now Meanwhile U government officials and Wall Street analysts are starting to consider the prospect that oil prices might surge to an unprecedented a barrel level Right now, the Brent crude market opened at $115 a barrel. WTI crude was over $100 a barrel. The futures markets were tanking. Donald Trump's attempt to manipulate the market were failing. And again, you had all of the Iranian leadership making posts saying, we're not doing negotiations. He's going to try to manipulate the market. Don't believe anything he's saying. We're going to make sure that the pain that's felt by the United States is over $200 a barrel. Iran is acutely aware of the crisis, the catastrophe that Donald Trump has put the United States in. They understand that in a war of attrition, They can drag this out as long as they want and cause major catastrophic pain to the United States economy. And that's precisely what they're …”View more
Ridealong summary
Trump's actions have led to a catastrophic situation for the U.S. economy, with Iran exploiting the crisis to inflict severe economic pain.
The MeidasTouch Podcast·Trump Panics as Special Forces Enter War!!!·Mar 30, 2026
“… 10%. Well, 10% of that money just dries up. That's a lot of money. I mean, that's billions of dollars. So what's that mean? And then you've got high oil prices as a result of this shock, potentially for years if Iran is messing with the oil market. So these Gulf economies will either be held hostage or they'll have to pull back their investments here in the United States, Japan, South Korea, all these Asian countries, which we're supposed to invest all this money here. They are getting destroyed right now in their stock markets and their economy. So just think about the ramifications for all of us. I …”“… QIA Qatar Investment Authority Well they just took a 17 haircut on their natural gas. Stands to reason they're going to take some haircut on their flow of cash, which maybe means they can't fulfill future like deals or other things. So let's call it 10%. Well, 10% of that money just dries up. That's a lot of money. I mean, that's billions of dollars. So what's that mean? And then you've got high oil prices as a result of this shock, potentially for years if Iran is messing with the oil market. So these Gulf economies will either be held hostage or they'll have to pull back their investments here in the United States, Japan, South Korea, all these Asian countries, which we're supposed to invest all this money here. They are getting destroyed right now in their stock markets and their economy. So just think about the ramifications for all of us. I mean, again, look. And our economy is a house of cards. Like it's basically AI speculation. It's like the whole economy and like gambling. And for everybody saying, well, I don't care about that. I'm like, well, listen, you know, oh, actually it'd be a good thing. Yeah. I mean, theoretically, you know what it also means? It means you're going to …”View more
Ridealong summary
Iran's potential disruption in the oil market could lead to severe economic consequences worldwide, affecting everything from gas prices to job security. As Gulf states grapple with their investments and the fallout from high oil prices, the ripple effect could be a financial nightmare for the average American. This highlights the fragility of our economy and the stark reality that those at the top may remain insulated while the rest of us suffer.
Breaking Points with Krystal and Saagar·3/31/26: Trump Floats Iran Surrender, Trump Rock Bottom Polls, Gas Prices Spike·Mar 31, 2026
“… your water plant over here. Make sure you don't have any of your Saudi people or your Kuwaiti people there because they all are thriving on higher oil prices. And that tells me it's going to go a lot higher. By the way, there's reports. Another one of our engine rooms is telling us, I'll check it out in a moment, that they might have hit the other pipeline, not the Saudi pipeline, but the UAE, the Abu Dhabi guys have a pipeline also, and supposedly Iran has hit this or at least targeting it. So they're playing the smart game. Eric, real quickly, what should people look for over the next 24, 48 hours …”“electrical plant or your water plant over here. Make sure you don't have any of your Saudi people or your Kuwaiti people there because they all are thriving on higher oil prices. And that tells me it's going to go a lot higher. By the way, there's reports. Another one of our engine rooms is telling us, I'll check it out in a moment, that they might have hit the other pipeline, not the Saudi pipeline, but the UAE, the Abu Dhabi guys have a pipeline also, and supposedly Iran has hit this or at least targeting it. So they're playing the smart game. Eric, real quickly, what should people look for over the next 24, 48 hours of importance? What are you looking at the audience? I think for the first time, Steve, something happened since the war started. Oil prices are substantially higher today. And the stock, the equity market, is finding its footing right here. So it's possible that there are two different factions going on. The oil people who see what's actually …”View more
Ridealong summary
Oil prices are skyrocketing as geopolitical tensions escalate, particularly with Iran targeting UAE pipelines. This surge indicates a split between the oil market's bullish outlook and the equity market's more optimistic projections about a quick resolution. Experts suggest that unless a deal is struck, oil prices may continue to rise significantly.
Bannon`s War Room·Episode 5257: More Troops To Deploy To Iran; Putting Up A Wall From The Threats Abroad·Mar 30, 2026
Ridealong summary
Trump's recent social media statement emphasizes America's energy independence while criticizing European countries for not supporting U.S. military efforts in the Middle East. He highlights the importance of oil as a global commodity, warning that cutting off 20% of the world's supply will raise prices everywhere. This reflects his frustration and strategic positioning as he navigates low approval ratings and international relations.
The Jesse Kelly Show·Hour 3: Trump's Political Capital·Apr 01, 2026
“… to revive American democracy. So subscribe Look how close we are to 2 million You can help us get there And I just want to show you Brent crude oil prices officially surged above per barrel This happened 20 minutes ago. If you're watching this video on Sunday, this happened very likely just a few hours before you are watching this video. Things are rapidly collapsing and the oil crisis is spreading throughout the world. Here are the countries that are going to extreme lengths to ration their supply. The Philippines declared a national emergency. national energy emergency. Government offices have …”“… in the description below. It's incredibly important. And as always, make sure you drop a like. Make sure you subscribe to the Adam Mockler feed if you appreciate the relentless breaking news, the debates, the pushing back against MAGA lies. We're trying to revive American democracy. So subscribe Look how close we are to 2 million You can help us get there And I just want to show you Brent crude oil prices officially surged above per barrel This happened 20 minutes ago. If you're watching this video on Sunday, this happened very likely just a few hours before you are watching this video. Things are rapidly collapsing and the oil crisis is spreading throughout the world. Here are the countries that are going to extreme lengths to ration their supply. The Philippines declared a national emergency. national energy emergency. Government offices have shifted to a four-day workweek, and agencies must cut fuel and electricity use by 10 to 20 percent. Sri Lanka instituted a weekly public holiday for public officials and schools. It also revived a QR code-based fuel rationing system that limits private cars to 25 liters of patrol per week. Pakistan closed schools for two weeks and cut free fuel …”View more
Ridealong summary
The Iranian regime is winning the energy war despite battlefield losses, exacerbating the global oil crisis and destabilizing economies worldwide.
The US-Iran conflict is exacerbating global oil market turmoil, with Iran profiting from increased oil sales despite battlefield losses.
The US-Iran conflict is exacerbating global oil market turmoil, with Iran leveraging the situation to win the energy war despite battlefield losses.
The Adam Mockler Show·Trump screwed everyone over by DOING THIS·Mar 30, 2026
“… were telling me right before the show that you are now retiring because you got an impromptu phone call and bet hundreds of millions of dollars on oil prices going down. Congratulations. It was a good bet. It just wasn't timed right. I thought you got it in on time. I thought you got it in like five minutes early. I did not. How is there not a massive investigation into that right away? Didn't someone make like $1.8 billion in like five minutes? Yeah. There's a lot of those, like trades like that that should be investigated that kind of never are. How about, what's his name, Lutnik? Yeah. How about …”“So Dave, you were telling me right before the show that you are now retiring because you got an impromptu phone call and bet hundreds of millions of dollars on oil prices going down. Congratulations. It was a good bet. It just wasn't timed right. I thought you got it in on time. I thought you got it in like five minutes early. I did not. How is there not a massive investigation into that right away? Didn't someone make like $1.8 billion in like five minutes? Yeah. There's a lot of those, like trades like that that should be investigated that kind of never are. How about, what's his name, Lutnik? Yeah. How about that one? The tariffs one? Working for the administration and also standing to gain huge if people can sue over the tariffs, right? Well, explain the whole thing. Do you know the actual details of it? No, I don't really know the details. Essentially, he was telling everybody that, you know, don't sweat it. The tariffs are golden. We're getting them …”View more
Ridealong summary
In this hilarious segment, Dave shares his outrageous story of betting hundreds of millions on oil prices, only to realize he missed the deadline. The conversation spirals into a comedic exploration of shady financial dealings, including a morally outraged character who once met Jeffrey Epstein, creating a perfect mix of absurdity and intrigue.
The Joe Rogan Experience·#2474 - Dave Smith·Mar 26, 2026
“A couple of questions for you on Iran, but first one affects Americans here on gas prices. Today they hit $4. We're $4, yeah, and we have a country that's not going to be throwing a nuclear weapon at us in six months. Of course, but Americans are feeling the effects in the interim. And they're also feeling a lot safer. What is the plan to bring them back down? All I have to do is leave Iran, and we'll be doing that very soon, and they'll become tumbling down, And stock prices were up today almost to a record because they know two …”“A couple of questions for you on Iran, but first one affects Americans here on gas prices. Today they hit $4. We're $4, yeah, and we have a country that's not going to be throwing a nuclear weapon at us in six months. Of course, but Americans are feeling the effects in the interim. And they're also feeling a lot safer. What is the plan to bring them back down? All I have to do is leave Iran, and we'll be doing that very soon, and they'll become tumbling down, And stock prices were up today almost to a record because they know two things. Number one, we have a safe country. We had to take a little detour because we had a madman named Khomeini who sadly is no longer with us. And we had regime change already. We've knocked out one regime, then we knocked out the second regime. Now we have a group of people that's very, that are very different. They're much more reasonable, I …”View more
Ridealong summary
Gas prices hit $4 as Americans feel the impact of geopolitical tensions with Iran. The speaker claims that once U.S. military presence is reduced, prices will drop significantly, asserting that recent regime changes have led to a safer environment. He emphasizes that the U.S. has successfully hindered Iran's nuclear ambitions and predicts a resolution within weeks.
Bannon`s War Room·Episode 5262: Liberal Judges Deliver Judicial Blows To The Admin; Trump Signs EO On Election Integrity·Mar 31, 2026
“… a con man patrick de hana gas buddy He says the biggest increase in average diesel price versus a month ago in Orange County, California. Diesel prices have gone from $2.54 per gallon to $7.52 a gallon. Brutal, brutal, brutal. Phoenix, Arizona, $2.44 per gallon to $6.06 per gallon. Also pretty brutal. San Bernardino, California. Diesel prices went from $2.42 to $7.38. In Napa, California, $2.42 to $7.58, you see the same trend in Riverside, California, in Prescott, Arizona.”“… i mean i have it up on my phone so i can track it yep they're still falling as of the time i'm recording this video markets are still falling donald trump literally pumped and dumped it just so he could have the veil of not fucking up just because he's a con man patrick de hana gas buddy He says the biggest increase in average diesel price versus a month ago in Orange County, California. Diesel prices have gone from $2.54 per gallon to $7.52 a gallon. Brutal, brutal, brutal. Phoenix, Arizona, $2.44 per gallon to $6.06 per gallon. Also pretty brutal. San Bernardino, California. Diesel prices went from $2.42 to $7.38. In Napa, California, $2.42 to $7.58, you see the same trend in Riverside, California, in Prescott, Arizona.”View more
Ridealong summary
Donald Trump's actions are worsening the energy crisis, with diesel prices skyrocketing from $2.54 to $7.52 per gallon in California. This economic fallout mirrors a gambler's fallacy, where doubling down leads to greater losses. As markets react negatively to his moves, the implications for everyday Americans grow increasingly dire.
The Adam Mockler Show·SCARY WARNING causes Trump TO PANIC·Mar 30, 2026
Ridealong summary
The ongoing oil supply crisis is wreaking havoc in South Asia, leading to severe economic repercussions. Countries like Sri Lanka and Thailand are grappling with fuel shortages, causing businesses to close and leaving hundreds of thousands without jobs. This crisis is a direct result of geopolitical tensions and highlights the fragility of economies that rely heavily on oil and natural gas.
Behind the Bastards·It Could Happen Here Weekly 225·Mar 28, 2026
“… too, and they own assets. But yes, U.S. companies, their shareholders, their workers, oil-producing states, of course, they all benefit from high prices. I want to hold for a minute on the price here, because there is a disconnect between the price and the conversation I'm seeing among energy and military analysts that I don't entirely understand. As you mentioned the price of barrel of oil or at least in the measure we tend to use is a bit over 100 at the moment we speaking But if you just looked at the chart and you had no narrative you would not predict the conversation we are currently …”“… gas station, you're paying a lot of money, whereas there are people who either own or are invested in U.S. energy companies who are making a lot of money. Well, U.S. producers are making a lot of money, and we should remember some of those are global too, and they own assets. But yes, U.S. companies, their shareholders, their workers, oil-producing states, of course, they all benefit from high prices. I want to hold for a minute on the price here, because there is a disconnect between the price and the conversation I'm seeing among energy and military analysts that I don't entirely understand. As you mentioned the price of barrel of oil or at least in the measure we tend to use is a bit over 100 at the moment we speaking But if you just looked at the chart and you had no narrative you would not predict the conversation we are currently having which is a once geopolitical crisis that has created the nightmare scenario for global energy supply which is the closing of the most important choke point for global energy supply I have people like you saying the scale of the current shock is extraordinary. Something seems off here. Either it seems the market is not correctly pricing in the …”View more
Ridealong summary
The conflict with Iran is causing a global oil crisis due to the disruption of energy markets, and the US appears unprepared for the long-term implications.
The conflict with Iran is causing global energy chaos, and the U.S. was unprepared for the severe impact on oil markets.
The global energy market is highly vulnerable to Iran's actions, and the US military response may not have been adequately planned, risking severe economic repercussions.
The US-Iran conflict is causing global energy chaos, with Iran's actions severely impacting oil markets and exposing the US's lack of preparedness.
The Ezra Klein Show·How Bad Could the Iran Oil Crisis Get?·Mar 24, 2026
“… container ships are currently stuck inside the straits. So it's kind of a rounding error. It's not a big deal for container shipping. Now, fuel prices have gone up 87%. percent for ocean uh bunker fuel the fuel that powers the ship so that's you know there's definitely it's an energy story is what i would say rather than a container shipping story ultimately that energy story is going to affect people like you right i mean if it's more expensive to get the fuel to put the fuel in the ship or to put the fuel in the aircraft to go somewhere is that not also an issue on your end or is it less of …”“… for the world's agricultural supply chains. But the Persian Gulf from a container shipping standpoint is a cul-de-sac. You don't need to go in there unless you're delivering to there. And there's only the stat that we're looking at is 0.6% of the world's container ships are currently stuck inside the straits. So it's kind of a rounding error. It's not a big deal for container shipping. Now, fuel prices have gone up 87%. percent for ocean uh bunker fuel the fuel that powers the ship so that's you know there's definitely it's an energy story is what i would say rather than a container shipping story ultimately that energy story is going to affect people like you right i mean if it's more expensive to get the fuel to put the fuel in the ship or to put the fuel in the aircraft to go somewhere is that not also an issue on your end or is it less of an issue yeah it is it is as i said the prices have gone up about 50%. And the United Airlines CEO said earlier this week or end of last week, he said that this is their model was they're modeling this, the jet fuel price increases is going to cost them $11 billion. And he said that in their best year ever at United, they made 5 billion in profit, …”View more
Ridealong summary
The oil crisis could lead to unprecedented supply chain disruptions, impacting everything from food production to consumer goods. With rising fuel prices and refinery shutdowns, consumers may soon face significant price increases and shortages. This situation highlights the fragility of our interconnected global economy and the reliance on stable energy supplies.
Prof G Markets·Is the Oil Crisis About to Break Global Supply Chains?·Mar 25, 2026
“… per day of crude oil and oil products typically transit the Strait. The loss of these flows have tightened markets significantly, pushing crude oil prices well above $100 per barrel and driving even sharper increases in refined products such as diesel, jet fuel, and liquidified petroleum gas. So they came out with a list of 10 measures that they believe should and need to be implemented quickly by governments, businesses, and households.”“… The conflict has triggered the largest supply disruption in the history of the global oil market, with shipping through the Strait of Formos, which normally carries around 20% of global oil consumption, reduced to a trickle. Around 20 million barrels per day of crude oil and oil products typically transit the Strait. The loss of these flows have tightened markets significantly, pushing crude oil prices well above $100 per barrel and driving even sharper increases in refined products such as diesel, jet fuel, and liquidified petroleum gas. So they came out with a list of 10 measures that they believe should and need to be implemented quickly by governments, businesses, and households.”View more
Ridealong summary
The ongoing conflict in the Middle East has triggered the largest oil supply disruption in history, pushing prices above $100 per barrel. With shipping through the Strait of Hormuz severely affected, the International Energy Agency has proposed urgent measures for governments and businesses to mitigate the economic fallout for consumers. This situation highlights the critical role oil plays in the global economy and the potential for escalating tensions to further impact supply chains.
REAL AF with Andy Frisella·1013. Andy & DJ CTI: Cryptic White House Post on X Gets Deleted, Druski Sparks Outrage After Dressing As Erika Kirk In Latest Viral Skit & Homeowner Goes Viral for Calling ICE on Roofing Crew·Mar 27, 2026
Ridealong summary
The U.S. is on the brink of a significant economic crisis due to rising oil prices and the impact of health insurance changes. As gas prices surge and many drop their health coverage after subsidy expirations, consumers may soon face a painful financial squeeze. This situation could lead to a broader fallout affecting both personal finances and the economy at large.
“… picture? I think it's wise to take a clean slate. And that's what I've done over the past couple of weeks. You have to take price as truth. And if prices are moving that don't agree with your narrative, don't agree with your bias, then you have to take a second look. and with the volatility we've seen over the past couple weeks, both in stocks and bonds, so the VIX and the move index, things I watch very closely, they are telling me that you can't just assume we're in a strong economic growth, oil will stay fair, rates will stay fair, and stocks and risk will do well. You have to throw …”“… nuanced about your takes. You think that strong economic growth is likely. You think sort of tamed inflation has been likely going forward. And then war with Iran. Does that flip everything on its head now? Do we have to reassess the entire macro picture? I think it's wise to take a clean slate. And that's what I've done over the past couple of weeks. You have to take price as truth. And if prices are moving that don't agree with your narrative, don't agree with your bias, then you have to take a second look. and with the volatility we've seen over the past couple weeks, both in stocks and bonds, so the VIX and the move index, things I watch very closely, they are telling me that you can't just assume we're in a strong economic growth, oil will stay fair, rates will stay fair, and stocks and risk will do well. You have to throw everything out and start over. So So stocks are looking weak in terms of a multi-year trend line that I'm watching. That's another thing that, okay, stocks have now broken down. Volatility is very elevated. So don just assume everything is going to be good And that what I basically done over the past week or so Clean slate I not changing my every bias …”View more
Ridealong summary
Oil prices hitting $100 could signal a looming global recession. As volatility shakes the markets, experts stress that rising oil prices are influencing stock performance negatively, indicating a potential economic downturn. The current macro landscape demands a reassessment of prior economic assumptions.
What Bitcoin Did·This Is The Macro Reset | Nik Bhatia·Mar 18, 2026
“… car loan rate and the valuation of every gross stock in your portfolio. And the third thing to think about is the second order effects. Higher gas prices are a direct tax on consumer. Every dollar spent at the pump is not a dollar spent at a restaurant, a retail store or on a subscription service. So if you own companies that depend on discretionary consumer spending, understand that the math just changed. This isn't theoretical. It's already happening right in front of our eyes. The question is, how long will it last? I mean, you hit the nail on the head. It reminds me, just kind of pull up …”“… Fed is already now casting March CPI at 2.87%. CNBC's analysts estimate that if the conflict drags through year-end, CPI could reach 3.5% by December and that directly impacts the Fed's ability to cut rates which impacts your mortgage rate, your car loan rate and the valuation of every gross stock in your portfolio. And the third thing to think about is the second order effects. Higher gas prices are a direct tax on consumer. Every dollar spent at the pump is not a dollar spent at a restaurant, a retail store or on a subscription service. So if you own companies that depend on discretionary consumer spending, understand that the math just changed. This isn't theoretical. It's already happening right in front of our eyes. The question is, how long will it last? I mean, you hit the nail on the head. It reminds me, just kind of pull up here, the XLY ETF, the State Street Consumer Discretionary Spending ETF. It's down 5.5% year to date, and it's down from its highs 10%. But if we just look at the last month or so, right, like you said, Epic Fury started on the 28th.”View more
Ridealong summary
Rising oil prices are set to increase inflation and alter consumer spending habits significantly. As the U.S. Strategic Petroleum Reserve hits historic lows amid ongoing global conflicts, experts warn that every dollar spent on gas is a dollar not spent on restaurants or retail. This shift could spell trouble for companies reliant on discretionary spending, impacting everything from mortgage rates to stock valuations.
Rich Habits Podcast·Private Credit Crisis, IEA Unleashing 400M Barrels of Oil, & 25% Chance of a Recession·Mar 13, 2026
“… for hundreds of millions halfway across Earth and threatens to become much worse before it gets better. Yes, oil is being disrupted, causing gas prices to skyrocket, but also impacted our key raw materials like sulfur, helium and petrochemicals. And so a swath of industries are at risk of becoming collateral damage from farming to chip making to pharmaceuticals to aviation. On Friday, United Airlines delivered the oh snap moment that brought to mind March 2020. In a memo to employees, CEO Scott Kirby said that the airline is cutting five percentage points off this year's capacity in response …”“… experts say markets and politicians are vastly underestimating. The closure of the Strait of Hormuz, the most important shipping choke point in the world, combined with heavy damage to energy infrastructure in the Middle East, has upended daily life for hundreds of millions halfway across Earth and threatens to become much worse before it gets better. Yes, oil is being disrupted, causing gas prices to skyrocket, but also impacted our key raw materials like sulfur, helium and petrochemicals. And so a swath of industries are at risk of becoming collateral damage from farming to chip making to pharmaceuticals to aviation. On Friday, United Airlines delivered the oh snap moment that brought to mind March 2020. In a memo to employees, CEO Scott Kirby said that the airline is cutting five percentage points off this year's capacity in response to a surge in jet fuel prices, which have more than doubled since the war began. Kirby said United is preparing for a scenario in which oil rises up to $175 a barrel and stays above 100 through the end of 2027. Should that happen, United's annual fuel bill would come to billion which is more than double United profits in its best year ever But these …”View more
Ridealong summary
The conflict in Iran is spiraling into a global economic crisis that markets and politicians are vastly underestimating, with potential long-term impacts on energy and various industries.
The war in Iran is spiraling into a global economic crisis that markets and politicians are vastly underestimating.
The conflict with Iran is spiraling into a global economic crisis that markets and politicians are vastly underestimating.
The conflict in Iran is spiraling into a global economic crisis, with markets and politicians vastly underestimating the potential impact.
The conflict in Iran is spiraling into a global economic crisis that markets and politicians are vastly underestimating, with long-term disruptions to oil and other key raw materials.
Morning Brew Daily·Travelers Face Hours-Long TSA Delays & BTS Makes a Comeback·Mar 23, 2026
Ridealong summary
In this segment, the host humorously defends the oil extraction methods in Alberta, claiming that the locals are 'very healthy and very happy' despite the 'scorched earth' appearance. The contrast between the environmental criticisms and the enthusiastic support from residents creates an amusingly absurd narrative about oil sands and community pride.
The Joe Rogan Experience·#2470 - Pierre Poilievre·Mar 19, 2026
“… threat to global growth. We are in a relatively good position because we're a net oil exporter. But Europe, for example, not only is getting hit by oil prices, but also a big spike in natural gas prices. So that's really bad news for others. Robin Brooks, senior fellow at the Brookings Institution. Thanks, Robin. It's always good to pick your brain. Great to chat with you, Kai. Traders today, as I said, what? Me worry? We'll have the details when we do the numbers. Thank you Listeners of a certain age might remember the last big oil shock in this country the embargoes of the 1970s And listeners a …”“Definitely the threat to global growth. We are in a relatively good position because we're a net oil exporter. But Europe, for example, not only is getting hit by oil prices, but also a big spike in natural gas prices. So that's really bad news for others. Robin Brooks, senior fellow at the Brookings Institution. Thanks, Robin. It's always good to pick your brain. Great to chat with you, Kai. Traders today, as I said, what? Me worry? We'll have the details when we do the numbers. Thank you Listeners of a certain age might remember the last big oil shock in this country the embargoes of the 1970s And listeners a good deal younger are going to remember the last global energy shock when Russia invaded Ukraine. Well, today, the head of the International Energy Agency said that already just 24 days into this war, the impact is worse than those two historical references. Marketplace's Samantha Fields explains what that might mean. If you were old enough to drive …”View more
Ridealong summary
The current energy crisis caused by the Iran conflict is more severe than past oil shocks, with potential long-lasting economic damage.
Marketplace·A shock to the oil system·Mar 23, 2026
“And a more stable Middle East, a neutral, not necessarily a pro-West Iran, but a more stable one, vastly more production, lower oil prices, biggest tax cut or increase is pretty much around the price of oil. essentially a moderate alliance, peace in the Middle East, where everyone, you know, I always thought that once October 7th has calmed down, you might see a normalization of relationships between the two biggest economies, Saudi Arabia and Israel. Iran, no longer the largest state sponsor of terror. I saw a lot of upside here. It sounds to me like if you were, and you may be, …”“And a more stable Middle East, a neutral, not necessarily a pro-West Iran, but a more stable one, vastly more production, lower oil prices, biggest tax cut or increase is pretty much around the price of oil. essentially a moderate alliance, peace in the Middle East, where everyone, you know, I always thought that once October 7th has calmed down, you might see a normalization of relationships between the two biggest economies, Saudi Arabia and Israel. Iran, no longer the largest state sponsor of terror. I saw a lot of upside here. It sounds to me like if you were, and you may be, I know you advise corporations on geopolitical concerns, but if you're advising the U.S. government, it sounds to me like your basic advice would be, end this thing as quickly as possible. Am I putting words in your mouth? God, I would love to say that it was that simple. We've crossed the line now. Iran has to change their strategic policy based …”View more
Ridealong summary
The conflict with Iran could soon lead to the loss of the Persian Gulf as a major hydrocarbon source, severely impacting global energy supplies and economic stability.
The conflict involving Iran has led to a riskier geopolitical stage, impacting oil prices and global markets, but the immediate market reactions may be exaggerated.
Iran's strategic shift towards nuclear capabilities is a response to U.S. pressure, while oil market reactions are overblown and not reflective of actual infrastructure damage.
Iran's military strategy and missile capabilities could imminently disrupt global oil supplies, leading to a severe energy crisis far worse than a recession.
The conflict with Iran has escalated to a point where the U.S. must consider Iran's potential nuclear capabilities, while the economic impact is significant but not as catastrophic as initially feared.
The escalation in the Middle East has led to a precarious situation where Iran may pursue nuclear capabilities, while the global oil market reacts with volatility, impacting Asian economies significantly.
The Prof G Pod with Scott Galloway·Peter Zeihan on How the War With Iran Could Reshape the Global Economy·Mar 12, 2026
“… I think CNBC is saying it's a kangaroo market, so they're on board with the meme. Let's talk about the three things we're looking at. Number one is oil prices. Number two is the job numbers on the week. And the third is some tremors in private credit. So maybe let's start with oil. This, of course, is going on because of the war in Iran. We've seen some kangarooing on the oil price. What are we looking at? Yeah, definitely kangarooing up, however, I think there is a large story being told in the price chart of oil. To me, the way I interpret this is the higher the price of oil, the more pressure is …”“… will be familiar with the crab market. The crab market goes sideways. Kangaroo market also goes sideways, but first it goes up and then it goes down and then it goes up and then it goes down, but it ends up sideways no matter what. This is actually, I think CNBC is saying it's a kangaroo market, so they're on board with the meme. Let's talk about the three things we're looking at. Number one is oil prices. Number two is the job numbers on the week. And the third is some tremors in private credit. So maybe let's start with oil. This, of course, is going on because of the war in Iran. We've seen some kangarooing on the oil price. What are we looking at? Yeah, definitely kangarooing up, however, I think there is a large story being told in the price chart of oil. To me, the way I interpret this is the higher the price of oil, the more pressure is on Donald Trump and the United States to end this conflict, this war in Iran. because war increases inflation that hurts people domestically. It makes people upset with the United States. When the oil price is lower, it gives Donald Trump and the U.S. military a longer leash to continue doing whatever they doing in Iraq The public also sees it at …”View more
Ridealong summary
The higher oil prices put pressure on Donald Trump and the United States to end the conflict in Iran, as war-driven inflation harms domestic sentiment and global stability.
The higher oil prices due to Trump's actions in Iran increase domestic inflation and public dissatisfaction, pressuring the U.S. to end the conflict.
The higher oil prices due to U.S.-Iran tensions are putting pressure on Donald Trump to end the conflict as it leads to domestic inflation and public dissatisfaction.
The volatility in oil prices due to the Iran conflict is creating a 'kangaroo market,' where prices fluctuate wildly but ultimately remain sideways, impacting global stock markets and political pressures.
Bankless·ROLLUP: Chaotic Era | Oil, Jobs, Credit | Nasdaq x Kraken | BlackRock Staked ETH | Roman Storm Retrial·Mar 13, 2026
“… high fuel costs right now? Again, we understand. We hear you. We see you. We are fully tracking this short term fluctuation in oil and in diesel prices. And that's why the president and the administration have continually announced robust actions to provide stability in the global energy market. As you know, political risk insurance, one of those actions allowing countries to purchase sanctioned oil just to increase the supply. In the meantime, we've worked to release 400 billion barrels of oil in refined products as well. We issued the 60 Day Jones Act waiver. All of this has with the goal of …”“… your message to truckers right now who are facing $5.38 per gallon diesel? Here, play this clip. The cost of diesel is averaging at $5.38 a gallon right now. What's the message from the Trump administration to truck drivers who are dealing with those high fuel costs right now? Again, we understand. We hear you. We see you. We are fully tracking this short term fluctuation in oil and in diesel prices. And that's why the president and the administration have continually announced robust actions to provide stability in the global energy market. As you know, political risk insurance, one of those actions allowing countries to purchase sanctioned oil just to increase the supply. In the meantime, we've worked to release 400 billion barrels of oil in refined products as well. We issued the 60 Day Jones Act waiver. All of this has with the goal of increasing supply to create a stabilization in the market in the meantime. time. But the overall message, as we've repeatedly stated, as again, these are short term actions and short term price fluctuations for the long term benefit of ending the threat that Iran poses to the United States of America, our troops and our allies in the region and …”View more
Ridealong summary
Donald Trump claims to be negotiating with Iran's parliamentary speaker, but this comes amid rising tensions and threats to U.S. allies in the region. The administration's focus on stabilizing oil prices highlights the precarious balance between energy needs and national security. This situation raises questions about the effectiveness and safety of Trump's foreign policy approach towards Iran.
The MeidasTouch Podcast·Trump Loses it as Leaders Predict Doom in War·Mar 30, 2026
“Obviously, the war with Iran continues, and there's a lot of stuff going on. It's not slowing down. Gas prices right now, just so you know, when we were talking about where oil prices were going to be, as of right now, for the last five days, gas prices, oil prices, crude oil is up 45%. For the month, it's up 60% is what's going on. So if you go to the gas station, you have felt the difference, and it looks like there's some stuff that's going on in the Strait of Hormuz, and things are not slowing down. There are drone strikes, strike torches, oil …”“Obviously, the war with Iran continues, and there's a lot of stuff going on. It's not slowing down. Gas prices right now, just so you know, when we were talking about where oil prices were going to be, as of right now, for the last five days, gas prices, oil prices, crude oil is up 45%. For the month, it's up 60% is what's going on. So if you go to the gas station, you have felt the difference, and it looks like there's some stuff that's going on in the Strait of Hormuz, and things are not slowing down. There are drone strikes, strike torches, oil tanker in the Strait of Hormuz as Iran blockade halts global shipping. Then you're seeing these clips. If you guys saw these clips with the rain coming, it's almost like an acid rain, chemicals. And this one reporter has shown, look what it's on the car. And you see the black cloud of acid rain. If you've seen the movie, the series by HBO Chernobyl …”View more
Ridealong summary
The escalating conflict in the Strait of Hormuz, including potential attacks on key infrastructure, could severely disrupt global oil supplies and drive prices even higher.
PBD Podcast·Mojtaba Khamenei: Iran's NEW Supreme Leader + NYC Terror Attack | PBD #755·Mar 09, 2026
“… found is that it wasn't worth that expense. Plus, Jerry says, the airlines found that they could make money the old-fashioned way by raising prices. The better answer was to, in a fair manner, pass costs on to consumers. And the industry found that they were able to adjust fares to cover you know I not saying 100 percent of a spike in fuel price but a significant increase in fuel And that a much much healthier way for an industry to manage its costs United American and Delta stopped hedging in the 2010s There was an unexpected drop in the price of oil during that period. Airlines that had …”“You're paying a premium for the privilege of locking it in, and it's sort of built into that price, and it's expensive. And what I think the U.S. airlines found is that it wasn't worth that expense. Plus, Jerry says, the airlines found that they could make money the old-fashioned way by raising prices. The better answer was to, in a fair manner, pass costs on to consumers. And the industry found that they were able to adjust fares to cover you know I not saying 100 percent of a spike in fuel price but a significant increase in fuel And that a much much healthier way for an industry to manage its costs United American and Delta stopped hedging in the 2010s There was an unexpected drop in the price of oil during that period. Airlines that had bet on higher prices ended up with heavy losses on their hedges. The president of American Airlines told the Wall Street Journal in 2016 that hedging is a rigged game that enriches Wall Street. Meanwhile, Southwest kept going with hedging because it was under more pressure to keep prices low. That's according to Kerry Tan. He's an economist at …”View more
Ridealong summary
U.S. airlines have completely abandoned fuel hedging, leading to skyrocketing ticket prices. This shift occurred after heavy losses during a brief oil price drop in the 2010s, prompting airlines to pass costs directly to consumers instead. Now, with no major U.S. airline hedging, the industry faces uncertainty as oil prices fluctuate due to global events.
The Indicator from Planet Money·Your next flight doesn't have to be so expensive. Here's why·Mar 25, 2026
“… The S&P 500, I should point out, almost got to that point today. It didn't. But all of this reflecting this uncertainty, especially with crude oil prices continuing to march higher. You mentioned it. It's worth hashing again one more time. WTI crude oil ending the day up over one hundred and two dollars per barrel. That is the first time, Ryan, that it's closed above one hundred dollars since 2022. And of course, that brings us back to the impact on Main Street, the Dow. and the S&P being down so much is obviously affecting a lot of people's 401ks. But that crude oil price is the impact you see …”“… major indexes, the Nasdaq, the S&P 500 and the Dow Jones, all down over seven percent since the beginning of this war. And the Dow Jones and the Nasdaq have hit a correction territory. That's when they declined by 10 percent from their most recent highs. The S&P 500, I should point out, almost got to that point today. It didn't. But all of this reflecting this uncertainty, especially with crude oil prices continuing to march higher. You mentioned it. It's worth hashing again one more time. WTI crude oil ending the day up over one hundred and two dollars per barrel. That is the first time, Ryan, that it's closed above one hundred dollars since 2022. And of course, that brings us back to the impact on Main Street, the Dow. and the S&P being down so much is obviously affecting a lot of people's 401ks. But that crude oil price is the impact you see when you go to the gas station every day. The national average for gas nearing four dollars a gallon. Do you expect that price to continue to rise? And what could it take for that number to come down? Yeah. And here's the thing is that despite all of the president's optimism about the discussions with Iran, the crude oil markets don't appear to be …”View more
Ridealong summary
Despite President Trump's optimism about potential peace talks with Iran, market reactions reveal deep uncertainty. The Dow Jones ended slightly positive, but the S&P 500 dipped, reflecting fears of escalating conflict and rising crude oil prices, which are now impacting gas prices for consumers. As crude oil hits over $102 per barrel, expectations are that gas prices will continue to rise, affecting everyday Americans.
Meet the Press·Meet the Press NOW — March 30·Mar 30, 2026
“… already left those countries as refugees, some to Turkey, some to other countries. Thousands are dead, including American soldiers. And basically, oil prices continue to rise. And the Strait of Hormuz has not opened up anymore. Trump talked about getting eight ships through that Iran gave as a gift. No one really knows what the fuck he's talking about there. That's another example. He made it seem like it was a grand diplomatic gesture to show that they were serious. People can't really tell what he's talking about. There's evidence of two ships going through, but that seems to be the sorts of ships …”“Meanwhile, four million people in Iran and Lebanon have been displaced so far. Tens of thousands have already left those countries as refugees, some to Turkey, some to other countries. Thousands are dead, including American soldiers. And basically, oil prices continue to rise. And the Strait of Hormuz has not opened up anymore. Trump talked about getting eight ships through that Iran gave as a gift. No one really knows what the fuck he's talking about there. That's another example. He made it seem like it was a grand diplomatic gesture to show that they were serious. People can't really tell what he's talking about. There's evidence of two ships going through, but that seems to be the sorts of ships that Iran was letting through already. And again, the worst of the oil crisis hasn't hit yet because there are still tankers that took off before the war began. And so we're still relying on some supplies that were already out there. And once those are gone, then it starts getting really bad. And again, it's also not just oil, but it's fertilizer …”View more
Ridealong summary
Gas prices are soaring, and Trump claims the Strait of Hormuz doesn't matter, but the reality is starkly different. With millions displaced and critical supplies dwindling, the global economy is on the brink of chaos. As diesel and jet fuel prices skyrocket, the consequences of this war are hitting Americans hard, contradicting the President's assertions.
Pod Save America·Blue Wave Building in the Strait of Hormuz·Mar 27, 2026
Ridealong summary
Iran's aggressive military actions have surpassed Israel's historical conflicts, indicating Iran's desperation and isolation as no allies come to its defense.
“… that are going to be critical to farmers who are coming on their spring planting season in certain parts of the world. That's going to impact food prices. As I mentioned, there are 6,000 derivative prices from oil. So oil being down last year and earlier in this year, that had underpinned keeping inflation somewhat contained. It was still up, but not as much as one might have thought. As oil started to rise, as this conflict escalated, kind of the first piece of it before the most recent piece, you're starting to see that in the PPI numbers, which is the measure of wholesale inflation. So we …”“… pun intended oil flows through everything in the economy um and you know when you first see it at the gas pump, obviously that hurts your wallet and spending decisions. But quickly, we're seeing this conflict impact things like fertilizer and inputs that are going to be critical to farmers who are coming on their spring planting season in certain parts of the world. That's going to impact food prices. As I mentioned, there are 6,000 derivative prices from oil. So oil being down last year and earlier in this year, that had underpinned keeping inflation somewhat contained. It was still up, but not as much as one might have thought. As oil started to rise, as this conflict escalated, kind of the first piece of it before the most recent piece, you're starting to see that in the PPI numbers, which is the measure of wholesale inflation. So we usually see that coming first, and then it makes its way to the consumer. And certainly now with this prolonged conflict, I think it's pretty well accepted that we are going to see increased inflation, which is just coming at a time, as I noted, that is tough for everybody because people are trying to keep up with the effects of inflation from the …”View more
Ridealong summary
Rising oil prices due to global conflict are set to increase inflation, impacting everything from gas prices to food costs. As oil influences over 6,000 prices in the economy, the effects are felt by consumers struggling to keep up with rising costs amid ongoing economic challenges.
The Jesse Kelly Show·Hour 3: Foreign Adventuring·Mar 27, 2026
“… they don't do what we want in the negotiations, which he essentially said. Right. Right. So the people who are panicked about CARG, panicked about oil prices, panicked about the global situation and the pain to Europe and the pain to South Korea and Japan in terms of rising oil prices. And like our colleague Stephanie Roberts is in Australia and is reporting to me about how, you know, basically they don't have any oil. And, you know, things have gone up like, you know, fourfold at gas stations in Australia. So like that a place right there part of the sort of Western alliance in some sense that is …”“… I got 50 things I could do. We could take CARG. We can go in and blast through the mountain and get the nuclear materials. We're negotiating with people that you don't even know about. The regime is already over. And then we're killing them when they don't do what we want in the negotiations, which he essentially said. Right. Right. So the people who are panicked about CARG, panicked about oil prices, panicked about the global situation and the pain to Europe and the pain to South Korea and Japan in terms of rising oil prices. And like our colleague Stephanie Roberts is in Australia and is reporting to me about how, you know, basically they don't have any oil. And, you know, things have gone up like, you know, fourfold at gas stations in Australia. So like that a place right there part of the sort of Western alliance in some sense that is really suffering from the fact that oil has been choked off from them and they already dealing with it But I just saying like I don see any evidence that his resolve isn stronger not weaker, and that particularly the talk about Karg, so that people who are panicking are people who don't want this war, who didn't want this war, would like to see him …”View more
Ridealong summary
Despite rising oil prices and panic in the West, the real threat from Iran lies in the Strait of Hormuz, not in an imminent war. As the Gulf states and Israel remain calm, the U.S. president's options appear limited, but his resolve seems stronger than ever. This insight reveals the complex dynamics at play in the geopolitical landscape surrounding the Iran conflict.
The Commentary Magazine Podcast·Wild Kharg·Mar 30, 2026
“… Well, I think, first of all, Trump let India buy Iranian oil, and I think now they are lifting the sanctions on Russia selling its oil because the oil prices spiked as much as they did. Right. Here it goes. U.S. eases limits on Russian energy as oil prices soar. Right. Dum-dum-dum-dum-dum-dum-dum-dum-dum. Yeah. What? Well, you've got the Pink Floyd, too. But you can see it like the oil prices spiked for water one day two days. Yeah, and everyone went full panic. Yeah straight away But the thing is if that does if that carries on for two months the impact of that on domestic politics”“… another they contradict each other at certain points is that a tactic in order to befuddle the opponent maybe who knows or is it the fact that they don't actually have a grand vision was there some sort of a concession today on Russian oil? Yeah. Well, I think, first of all, Trump let India buy Iranian oil, and I think now they are lifting the sanctions on Russia selling its oil because the oil prices spiked as much as they did. Right. Here it goes. U.S. eases limits on Russian energy as oil prices soar. Right. Dum-dum-dum-dum-dum-dum-dum-dum-dum. Yeah. What? Well, you've got the Pink Floyd, too. But you can see it like the oil prices spiked for water one day two days. Yeah, and everyone went full panic. Yeah straight away But the thing is if that does if that carries on for two months the impact of that on domestic politics”View more
Ridealong summary
In a wild twist, the podcast dives into the geopolitical chaos surrounding oil prices and regime changes, comparing the return of Iran's Shah to Daenerys Targaryen's dragon-filled comeback. The absurdity peaks when they ponder if a former ruler can regain power without any real support—just like a baby trying to reclaim a throne with no dragons.
The Joe Rogan Experience·#2466 - Francis Foster & Konstantin Kisin·Mar 11, 2026
“… Honestly, though, the fact that stocks ended roughly flat, given everything that happened, is kind of impressive. The main story continues to be oil prices, which had another absolutely wild day of trading. Mid-afternoon on Tuesday, Energy Secretary Chris Wright posted on X that the U.S. Navy had successfully escorted an oil tanker through the Strait of Hormuz. And when that tweet hit the timeline, oil prices immediately plunged to as low as $77 a barrel, and the stock market rallied. Then a few minutes later, that post was deleted. Turns out it was incorrect information. The White House later …”“Well, we had another up and down day of trading on Tuesday. Markets were whipsawing from green to red throughout the day. And by the close, the S&P was down 0.2%, while the NASDAQ was basically flat. Honestly, though, the fact that stocks ended roughly flat, given everything that happened, is kind of impressive. The main story continues to be oil prices, which had another absolutely wild day of trading. Mid-afternoon on Tuesday, Energy Secretary Chris Wright posted on X that the U.S. Navy had successfully escorted an oil tanker through the Strait of Hormuz. And when that tweet hit the timeline, oil prices immediately plunged to as low as $77 a barrel, and the stock market rallied. Then a few minutes later, that post was deleted. Turns out it was incorrect information. The White House later clarified that the U.S. Navy is not currently escorting commercial tankers through the Strait of Hormuz. So that caused oil prices to jump right back up, and they're currently trading around $85 a barrel. So yeah, that was pretty weird and wild, and it's another example of how reactionary and headline-driven the market is right now. As of right now, …”View more
Ridealong summary
The market is reactionary and headline-driven, with oil prices fluctuating wildly due to misinformation and ongoing tensions in the Strait of Hormuz.
The Rundown·Oracle Soars on AI Earnings Beat, Nvidia Invests $2B Into Nebius·Mar 11, 2026
Ridealong summary
Recent attacks on tankers in the Gulf are pushing oil prices towards $150 a barrel, with markets already feeling the pressure. Energy Secretary Wright remains hopeful for a resolution, but Goldman Sachs warns of further economic fallout as banks in the Gulf evacuate. This escalating tension could impact inflation and various markets, including stocks and crypto, in the coming weeks.
The Paul Barron Crypto Show·Ceasefire Countdown?🔥Crypto Market Update·Mar 12, 2026
“… Yeah, because they're basically moving a little bit going through the straight. Mm-hmm and then turning back on I wrote about what oil What what oil prices mean for the AI build out and data centers? It's just sort of interesting to dig into the deeper supply chain of artificial intelligence But there are some posts that we should go through around the oil story So crude oil is five standard deviations above its 50-day moving average. Statistically speaking, this occurs every 9,500 years. So the last time would have been about 6,000 years before Moses parted the Red Sea. Imagine what that did to …”“… And I don't know if you've seen some of the maps that show the Strait where it looks like nothing is actually moving through. Yeah, I think in actuality a number of the ships are actually turning off their transponders. Oh, you can't see the movement Yeah, because they're basically moving a little bit going through the straight. Mm-hmm and then turning back on I wrote about what oil What what oil prices mean for the AI build out and data centers? It's just sort of interesting to dig into the deeper supply chain of artificial intelligence But there are some posts that we should go through around the oil story So crude oil is five standard deviations above its 50-day moving average. Statistically speaking, this occurs every 9,500 years. So the last time would have been about 6,000 years before Moses parted the Red Sea. Imagine what that did to shipping in the area. Fanciful. Pull up this clip from Landman. I haven't seen Landman. Have you watched it? Is it good? Let's, uh... You want oil to live above 60 but below 90. And don't get me wrong, we're still printing money at 90, but gas gets up over 350 a gallon, it starts to pinch. It hits 100, every product in America has to readjust its …”View more
Ridealong summary
In a dramatic twist during the escalating oil crisis, at least 10 ships in the Gulf are changing their transponder signals to declare themselves as Chinese vessels to avoid attacks. This risky maneuver comes as tensions rise in the Strait of Hormuz, where shipping routes are under threat, and highlights the precarious nature of maritime operations in a volatile geopolitical landscape. With oil prices soaring and the value of trapped vessels hitting $25 billion, the stakes have never been higher.
The real danger of economic instability lies in the hidden financial instruments that can ensnare entire nations, as warned by the IMF before the recent war. Just like the oil shocks of the 1970s disrupted household budgets, millions of families in emerging economies are now facing similar crises, forced to make tough choices about basic needs. While bankers in major cities remain unaffected, the consequences ripple through the lives of countless children studying under harsh conditions.
The Prof G Pod with Scott Galloway·No Mercy / No Malice: Patient(s) Zero·Mar 21, 2026
“… to start going crazy. Which flights? Just airline. Yeah, they're saying summer fair could go up. Airfares could spike more than $100 as jet fuel prices rise over Iran experts. Rob, is this it about? Yes, from CBS News. It's three minutes, Rob. I don't want to go three minutes. She gets to it right in the beginning. Okay, go for it. The war in Iran has caused oil and gas prices to spike, and it's not just affecting cars on the road. A recent analysis by Deutsche Bank shows those rising oil prices are also leading to airlines hiking their ticket prices. The analysis also warns airlines may start …”“We'll see what's going to happen with that. It's up. It's almost $4 for regular, regular. I'm just saying airline flights are about to start going crazy. Which flights? Just airline. Yeah, they're saying summer fair could go up. Airfares could spike more than $100 as jet fuel prices rise over Iran experts. Rob, is this it about? Yes, from CBS News. It's three minutes, Rob. I don't want to go three minutes. She gets to it right in the beginning. Okay, go for it. The war in Iran has caused oil and gas prices to spike, and it's not just affecting cars on the road. A recent analysis by Deutsche Bank shows those rising oil prices are also leading to airlines hiking their ticket prices. The analysis also warns airlines may start reducing flights and grounding planes altogether if the cost of jet fuel continues to grow. Rinse knows that greatness takes time, but so does laundry. So Rinse will take your laundry and hand deliver it to your door expertly cleaned. And you can take the time pursuing your passions. Time once spent sorting and waiting, folding and queuing, now …”View more
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The conflict in Iran is causing significant economic disruptions, particularly in the airline industry, while Joe Kent's resignation adds a layer of political complexity amid allegations of leaking classified information.
Joe Kent, a former counterintelligence chief, is under FBI investigation for allegedly leaking classified information, raising concerns about the security of sensitive data.
PBD Podcast·Trump SLAMS Israel's South Pars Strikes + Iran Executes Wrestler | PBD #763·Mar 20, 2026
Ridealong summary
The British oil company APOC's operations in early 20th century Persia reveal a blatant disregard for local workers, highlighting a colonial mindset that dehumanized Persians. In a shocking move, they imported a thousand Indian laborers without consulting the Persian government, relegating locals to menial jobs while foreigners enjoyed the best positions and living conditions. This systemic inequality fostered deep resentment and set the stage for future tensions in Iran.
Behind the Bastards·Part Two: The First Shah of Iran·Mar 26, 2026
“We've been talking a lot about the price of fuel in recent days because it matters to people's personal finances, of course. But gas prices also have a psychological effect. The National Association of Convenience Stores found that 70% of consumers say gas prices affect their view of the economy. In reality, though, the oil market is mostly its own beast, driven by OPEC, inventory, and, as we're seeing now, geopolitical events. So why do so many Americans gauge the health of the economy by the cost of fuel? Marketplace's Kristen Schwab looks at Americans' unique relationship with …”“We've been talking a lot about the price of fuel in recent days because it matters to people's personal finances, of course. But gas prices also have a psychological effect. The National Association of Convenience Stores found that 70% of consumers say gas prices affect their view of the economy. In reality, though, the oil market is mostly its own beast, driven by OPEC, inventory, and, as we're seeing now, geopolitical events. So why do so many Americans gauge the health of the economy by the cost of fuel? Marketplace's Kristen Schwab looks at Americans' unique relationship with gas and the cars it powers. There are few people more sensitive to gas prices in New York City than taxi drivers. Rauf Kadir is fueling up his yellow cab at a BP gas station near LaGuardia Airport before his shift. I feel the gas every day almost. The full was like $35. Now it's $51. Kadir tracks gas prices and says this station usually has the best …”View more
Ridealong summary
Seventy percent of Americans believe gas prices reflect the economy's health, despite them being influenced by external factors like OPEC and geopolitical events. Taxi driver Rauf Kadir illustrates this connection, revealing how rising fuel costs directly impact his income and daily life. This emotional relationship with gas prices highlights a unique aspect of American consumer psychology.
“… Maybe I just won't make one less hire, or it won't expand as much in one capacity, because I have to change around where my costs are. But if oil prices break through that $120 or $40 or $50 threshold, economies around the world might stumble, says John Canavan at Oxford Economics. It'd be more likely to perhaps push the European Union or Japan into a recession. They are more reliant on the oil that is moving through the Strait of Hormuz. Canavan says a recession could happen here too. But even at those prices, the U.S. has advantages. For one, we produce plenty of our own oil. And George Perks …”“… The middle voice was John Canavan at Oxford Economics, and that last voice was Ben Ayers at Nationwide. He says up until that point, consumers would simply face more inflation, so they'd have less money to pay for other things. Same with businesses. Maybe I just won't make one less hire, or it won't expand as much in one capacity, because I have to change around where my costs are. But if oil prices break through that $120 or $40 or $50 threshold, economies around the world might stumble, says John Canavan at Oxford Economics. It'd be more likely to perhaps push the European Union or Japan into a recession. They are more reliant on the oil that is moving through the Strait of Hormuz. Canavan says a recession could happen here too. But even at those prices, the U.S. has advantages. For one, we produce plenty of our own oil. And George Perks at Bespoke Investment Group says the economy up until the war was doing okay. The thing about the U.S. economy is that it's very large and has a lot of momentum, and it's really hard to knock it off the trend that it's on. And so you do need a really big shock. Perks says the price of oil might have to hit $200 a barrel to push the U.S. economy …”View more
Ridealong summary
The U.S. economy is resilient enough that oil prices would need to reach $200 a barrel to trigger a recession, despite current pressures from the Iran conflict.
The U.S. economy is resilient enough that oil prices would need to hit $200 a barrel to trigger a recession, unlike more vulnerable economies like the EU or Japan.
Marketplace·When will oil be too expensive?·Mar 16, 2026
“… So the Treasury Secretary, Scott Besson, is saying this. POTUS is taking decisive steps to promote stability in global markets and working to keep prices low as we address the threat and instability posed by the terrorist Iranian regime. To increase the global reach of existing supply, U.S. Treasury is providing a temporary authorization to permit countries to purchase Russian oil currently stranded at sea. This narrowly tailored short-term measure applies only to oil already in transit and will not provide significant financial benefit to the Russian government. There's two other levers that …”“… at the Strait of Hormuz And officials here have to look elsewhere in the world for some oil and they have found it on some tankers that are full of sanctioned Russian oil It is sanctioned, of course, because Russia will not stop the war in Ukraine. So the Treasury Secretary, Scott Besson, is saying this. POTUS is taking decisive steps to promote stability in global markets and working to keep prices low as we address the threat and instability posed by the terrorist Iranian regime. To increase the global reach of existing supply, U.S. Treasury is providing a temporary authorization to permit countries to purchase Russian oil currently stranded at sea. This narrowly tailored short-term measure applies only to oil already in transit and will not provide significant financial benefit to the Russian government. There's two other levers that they are going to pull. They might waive the Jones Act, which says that only U.S. flagged ships can go from U.S. port to U.S. port. And they do plan to tap the Strategic Petroleum Reserve. Now, while this is happening, a couple things. Oman oil facility on fire after drone strikes. This is it, Rob. I think you got. Right? Is that it? Those are those. …”View more
Ridealong summary
The U.S. is lifting sanctions on Russian oil to stabilize global markets as tensions rise with Iran, which threatens to push oil prices above $200 per barrel. This controversial move is part of a broader strategy involving the use of the Strategic Petroleum Reserve and potential waivers on shipping regulations. As drone strikes escalate in the region, the implications for U.S. foreign policy and energy prices are profound.
“Let's sprint to the finish with some final headlines. Here's some updates on the war in Iran. now entering its 14th day. Oil prices rose 9% to close above $100 a barrel for the first time since 2022, after Iran's new Supreme Leader and President Trump indicated the conflict would not end soon. In his first public statement, Mojtava Khamenei said he intends to keep the Strait of Hormuz closed as, quote, a tool to pressure the enemy. Meanwhile, President Trump downplayed rising oil prices and said defeating Iran was of far greater interest and importance. At the same time, …”“Let's sprint to the finish with some final headlines. Here's some updates on the war in Iran. now entering its 14th day. Oil prices rose 9% to close above $100 a barrel for the first time since 2022, after Iran's new Supreme Leader and President Trump indicated the conflict would not end soon. In his first public statement, Mojtava Khamenei said he intends to keep the Strait of Hormuz closed as, quote, a tool to pressure the enemy. Meanwhile, President Trump downplayed rising oil prices and said defeating Iran was of far greater interest and importance. At the same time, his administration does seem to be making efforts to stave off and energy crisis. The White House is reportedly considering waiving the Jones Act, a much criticized century old maritime rule that requires American ships exclusively to transport goods between U.S. ports. An exemption would allow cheaper foreign tankers to move goods like oil, gas and …”View more
Ridealong summary
The Iran conflict is causing significant economic ripple effects, including potential energy crises and impacts on the housing market, but efforts like waiving the Jones Act may mitigate some issues.
The ongoing conflict in Iran and Trump's strategies are causing a complex interplay between geopolitical tensions and domestic economic measures, with efforts to mitigate an energy crisis having limited immediate impact.
The U.S. administration's efforts to mitigate an energy crisis by potentially waiving the Jones Act show a pragmatic approach amid rising oil prices due to tensions with Iran.
The conflict in Iran is exacerbating economic instability by driving up oil prices, which in turn fuels inflation fears and impacts sectors like housing.
The Trump administration's efforts to mitigate an energy crisis by considering a Jones Act waiver show a pragmatic approach, but the impact on gas prices will be minimal.
Trump's focus on defeating Iran over stabilizing oil prices reflects a prioritization of geopolitical objectives over economic stability.
The U.S. administration's potential waiver of the Jones Act is a strategic move to mitigate energy crisis impacts despite rising oil prices due to Iran's actions.
The US-Iran conflict is causing oil price spikes and inflation fears, but efforts like waiving the Jones Act aim to mitigate an energy crisis.
The US-Iran conflict is causing significant disruptions in oil markets, but efforts like waiving the Jones Act could mitigate energy crisis impacts despite limited immediate effects on gas prices.
The US administration's potential waiver of the Jones Act is a strategic move to mitigate the energy crisis, despite skepticism about its impact on gas prices.
The Iran conflict is causing economic disruptions, but the Trump administration's efforts to mitigate an energy crisis may not significantly lower gas prices.
Morning Brew Daily·Airports Ask for Donations for TSA Agents & Google Maps Gets AI Makeover·Mar 13, 2026
“… is that some of the S&P – again, remember, we talk about this stuff early in the morning. S&P 500 futures are pulling back after Monday's rally as oil prices are rebounding. The Iran conflict continues. If I look again just right now, the Brent futures hovering right around $100 per barrel, and I think West Texas is roughly around $90. So it's going to be a little bit more manageable, and you will likely see a pullback in gas price in midweek and potentially on Sunday. But of course, if there is some actual, well, apparently the way this, but I'm not talking about like forever, like for a couple of …”“… right? One day somebody is actually going to look in this. I hope somebody goes to jail. I really do. Let's go for B3. Put this up here on the screen. The current market reaction for what we are seeing as of right now. What it currently looks like is that some of the S&P – again, remember, we talk about this stuff early in the morning. S&P 500 futures are pulling back after Monday's rally as oil prices are rebounding. The Iran conflict continues. If I look again just right now, the Brent futures hovering right around $100 per barrel, and I think West Texas is roughly around $90. So it's going to be a little bit more manageable, and you will likely see a pullback in gas price in midweek and potentially on Sunday. But of course, if there is some actual, well, apparently the way this, but I'm not talking about like forever, like for a couple of days, that's apparently the way that works. I don't, again, not fully an oil genius or anything myself, but I've been trying to do some reading. Let's put B4 up there on the screen. It's from Chevron. And these are the stuff, this is the stuff where people should really freak out because when the Chevron CEO says, Iran war impact, not fully priced …”View more
Ridealong summary
Oil prices are projected to hit $175 per barrel, with significant implications for global markets and jet fuel costs. This alarming forecast comes from the CEO of United Airlines, who warns that the industry is facing its worst shock since COVID, driven by geopolitical tensions and supply chain disruptions. As the situation evolves, the physical supply of oil is tighter than futures contracts suggest, indicating a potential crisis ahead.
Breaking Points with Krystal and Saagar·3/24/26: Trump Iran Negotiation Fantasy, Insider Trading On Iran War, Pentagon Preps Boots On The Ground·Mar 24, 2026
“… all the consecutive weeks of further choking off of that area, now you're wondering if this is going to be a medium, longer-term issue where crude oil prices could stay elevated for months, maybe even years after this. That is the concern now that this is certainly a prolonged issue. As you can see, again, over 100 per day, as Raf pointed out, ships traveling through that area. It's been sub-10 for most of this conflict.”“you have to remember that by some estimates, there was going to be a maybe two, three, four-week implication that was the result of the year. of those ships being stuck there as of the beginning of this conflict. But when you start to waterfall all the consecutive weeks of further choking off of that area, now you're wondering if this is going to be a medium, longer-term issue where crude oil prices could stay elevated for months, maybe even years after this. That is the concern now that this is certainly a prolonged issue. As you can see, again, over 100 per day, as Raf pointed out, ships traveling through that area. It's been sub-10 for most of this conflict.”View more
Ridealong summary
As the conflict in Iran continues, oil prices could remain elevated for months or even years due to shipping disruptions. Initially, experts estimated only a few weeks of impact, but the ongoing crisis has drastically reduced the number of ships passing through key areas, raising concerns about a prolonged economic fallout. This situation highlights how geopolitical events can ripple through global markets and affect everyday consumers.
Meet the Press·Meet the Press NOW — March 27·Mar 27, 2026
Ridealong summary
The Trump administration's handling of the Strait of Hormuz crisis is mocked by Iranian leaders, highlighting the administration's lack of strategic foresight and the potential for escalating conflict.
The conflict involving Iran is causing a severe supply shock across critical resources, potentially driving oil prices to $200 per barrel if the Red Sea commerce is disrupted.
The U.S. military response to Iran's rejection of a peace proposal could lead to severe disruptions in global commerce, particularly in the Red Sea, and skyrocket oil prices to $200 per barrel.
The escalating US-Iran conflict and Houthi involvement could lead to severe disruptions in global oil supply, potentially driving prices to $200 per barrel.
Trump's actions are mocked by Iran, and the situation risks escalating into a full-scale conflict that could severely disrupt global oil markets.
The MeidasTouch Podcast·Trump Panics as Iran Destroys US Air Fleet!!!·Mar 29, 2026
“… over 2026. So obviously, well above, in fact, more than double the Fed's target of 2%. So yes, that's headline inflation. So that includes energy prices, obviously. And the Fed normally strips out what's going on in energy prices and in food prices because they're so volatile. But it doesn't mean that consumers, A, don't feel it. Like consumers care about what happens to energy and food prices Right And B energy prices also affect the price of everything else Right Any goods that need to be to get shipped any products that need to get manufactured that requires fuel of some kind. So anything …”“… run and the long run. and inflation expectations are way up. Short-run inflation now, people are expecting 4.5%. The OECD put out, what was their guess? Do you have that at your fingertips? My recollection is that they said 4.2% inflation in the U.S. over 2026. So obviously, well above, in fact, more than double the Fed's target of 2%. So yes, that's headline inflation. So that includes energy prices, obviously. And the Fed normally strips out what's going on in energy prices and in food prices because they're so volatile. But it doesn't mean that consumers, A, don't feel it. Like consumers care about what happens to energy and food prices Right And B energy prices also affect the price of everything else Right Any goods that need to be to get shipped any products that need to get manufactured that requires fuel of some kind. So anything that has plastic packaging, as you wrote last week, yes. Anything that has plastic packaging, fertilizer, which is made, parts of it are made from, uh, petrochemicals. And so, you know, fertilizer prices going up, which again, leads to higher food prices among other things. so uh yeah so lots of signs that prices are going up uh i think we also have …”View more
Ridealong summary
Consumers expect inflation to soar above 5% in the U.S., primarily fueled by rising energy prices. This spike in expectations correlates with historical trends where high energy costs often precede recessions, creating a troubling economic outlook as the midterm elections approach. The current administration's inaction on gas prices adds to the uncertainty.
“… balancing act the administration is trying to play here. They want the Iranian regime to be defenestrated. At the same time, they want to keep the oil prices as low as possible in order to maintain public support for the action. The Trump administration understands the American people will keep supporting what has to be done in Iran so long as it doesn't hit them too hard in the pocketbook. That would be the point, for example, of relieving certain sanctions in order to press down the oil prices. Because right now, the United States is talking about, believe it or not, relieving Iranian oil …”“… And then the price went down again. Well, the same thing happened right here. Immediately upon announcing the postponement of those strikes on energy plants, the price of Brent crude drop from near $110 a barrel to below $100 a barrel. This is the balancing act the administration is trying to play here. They want the Iranian regime to be defenestrated. At the same time, they want to keep the oil prices as low as possible in order to maintain public support for the action. The Trump administration understands the American people will keep supporting what has to be done in Iran so long as it doesn't hit them too hard in the pocketbook. That would be the point, for example, of relieving certain sanctions in order to press down the oil prices. Because right now, the United States is talking about, believe it or not, relieving Iranian oil sanctions in order to allow them to ship oil out, continue to ship oil out, and keep the price of oil down. Here was Scott Besson, the Treasury Secretary, explaining the sanctions calculus to Kristen Welker at NBC. If the point of the sanctions was to stop funding the Russian war machine, why is the administration effectively rewarding Russia now? Again, …”View more
Ridealong summary
The Trump administration is considering easing Iranian oil sanctions to keep oil prices low and maintain public support for actions against Iran. This strategy hinges on the belief that lower oil prices will limit Russia's funding while simultaneously weakening Iran's regime. The delicate balance aims to defenestrate Iran without burdening American consumers at the pump.
The Ben Shapiro Show·Ep. 2393 - AMERICA LAST: Conspiratorial Collaborationists Root For Our Enemies·Mar 23, 2026
“… its lowest level of the year. But nobody cares about the Dow. So once again, the energy sector was the best performing yesterday, and that's because oil prices are climbing again. U.S. crude is now trading above $90 a barrel. And international crude briefly touched $100 this morning. Iran has ramped up attacks on vessels in the Persian Gulf. Multiple ships have been struck in the last few days. So the traffic to the Strait of Hormuz is still effectively closed. And unfortunately, there seems to be zero signs of a de-escalation. Now, as I mentioned yesterday, the IEA, which is the International Energy …”“… quiet day for the stock market, at least on the surface. The S&P closed down less than 0.1% while the Nasdaq was up less than 0.1%. So a relatively flat day for the stock market. The Dow is having a rough stretch right now, though it closed at its lowest level of the year. But nobody cares about the Dow. So once again, the energy sector was the best performing yesterday, and that's because oil prices are climbing again. U.S. crude is now trading above $90 a barrel. And international crude briefly touched $100 this morning. Iran has ramped up attacks on vessels in the Persian Gulf. Multiple ships have been struck in the last few days. So the traffic to the Strait of Hormuz is still effectively closed. And unfortunately, there seems to be zero signs of a de-escalation. Now, as I mentioned yesterday, the IEA, which is the International Energy Agency, just announced the largest emergency oil release in history. The 32 member countries are releasing a total of 400 million barrels from their strategic reserves. Now, for some context, this is more than double the amount released during the Ukraine war in 2022. So this is an unprecedented move. But despite that, the markets didn't seem to …”View more
Ridealong summary
Oil prices are surging due to geopolitical instability in the Middle East, with strategic reserves insufficient to bridge the supply gap caused by the Strait of Hormuz closure.
The unprecedented emergency oil release by the IEA won't close the supply gap caused by the Strait of Hormuz disruptions, keeping markets volatile.
The Rundown·Eli Lilly Sounds Alarm on Copycat GLP-1s, Trouble Brewing in Private Credit·Mar 12, 2026
“$3.50 a gallon. That's up over $0.50 a gallon from where it was a week ago. And if oil prices stay right where they are today, they're somewhere between $85, $90 a barrel, depending on WTI or Brent. If it stays there, then we're going to see prices go to $3.75 here in the next week or so. Obviously, if oil prices go higher than that, then we're looking at $4 and above. But right now, we're at $3.50, headed to $3.75, I think, pretty likely. The one thing I will say that has struck me is how quickly the events in the Middle East and the …”“$3.50 a gallon. That's up over $0.50 a gallon from where it was a week ago. And if oil prices stay right where they are today, they're somewhere between $85, $90 a barrel, depending on WTI or Brent. If it stays there, then we're going to see prices go to $3.75 here in the next week or so. Obviously, if oil prices go higher than that, then we're looking at $4 and above. But right now, we're at $3.50, headed to $3.75, I think, pretty likely. The one thing I will say that has struck me is how quickly the events in the Middle East and the run-up in oil prices have translated through in the form of higher gasoline prices. I mean, there's this old adage, prices rise like a rocket, fall like a feather. But this time, it was a rocket on steroids. I mean, I was very surprised at how quickly it all translated through. And maybe that's because of the nature of why prices are up. It goes to …”View more
Ridealong summary
Gas prices are projected to rise to $3.75 per gallon soon, driven by escalating oil prices amid Middle East conflicts. This surge could cost American consumers an additional $1,000 annually, significantly impacting lower and middle-income households who face tough spending choices. The broader economic implications, including inflation and political fallout, are already becoming a concern.
Prof G Markets·What $4 Gas Would Do to the Economy·Mar 12, 2026
“… if I look back at the last two days, oil's $15 higher than it was last week, but the S&P's higher. So to me, the market actually is handling higher oil prices better. And you know we wrote in our note this morning that we think higher oil prices are actually good for the U stock market How in the world are higher oil prices which then mean even higher gas prices which mean higher jet fuel prices and all sorts of other issues that are related to that input costs on a whole number of other industries, how is that possibly good for the stock market? Yeah, part of it's a relative. One, U.S. is an export …”“Take a look and see what he had to say. But if I look back at the last two days, oil's $15 higher than it was last week, but the S&P's higher. So to me, the market actually is handling higher oil prices better. And you know we wrote in our note this morning that we think higher oil prices are actually good for the U stock market How in the world are higher oil prices which then mean even higher gas prices which mean higher jet fuel prices and all sorts of other issues that are related to that input costs on a whole number of other industries, how is that possibly good for the stock market? Yeah, part of it's a relative. One, U.S. is an export of oil, so we net benefit as an economy from higher oil. The second is other countries are importers, so the U.S. not only looks better, but on a relative growth basis, it should outperform, which means flows back into the U.S. And the third is, as we worry about global growth for all the reasons you describe, when growth is scarce, people buy …”View more
Ridealong summary
Surprisingly, higher oil prices might actually boost the U.S. stock market. As the U.S. exports oil, it benefits economically, while global growth concerns shift investor focus back to U.S. growth stocks, driving market performance. This dynamic is further reflected in the resurgence of Bitcoin as a store of value amidst rising oil prices.
The Paul Barron Crypto Show·April Rally Possible?📈Crypto Market Update·Mar 11, 2026
“OK, so first story to start off with, we have to go to oil. Oil prices decline after hitting nearly $120, as Trump says, U.S. considering taking over straight-up hormones. Rob, I think you got a video on this one. If you want to pull it up, I'll read it, and then we'll get... right into the story. So oil prices fell Monday in extended trading after President Trump said he was considering seizing control straight of Hormuz, the most important choke point in the world for crude market. The crude oil was down 6.19% …”“OK, so first story to start off with, we have to go to oil. Oil prices decline after hitting nearly $120, as Trump says, U.S. considering taking over straight-up hormones. Rob, I think you got a video on this one. If you want to pull it up, I'll read it, and then we'll get... right into the story. So oil prices fell Monday in extended trading after President Trump said he was considering seizing control straight of Hormuz, the most important choke point in the world for crude market. The crude oil was down 6.19% to 85.27. And Trump told CBS News in a phone conversation that ships are moving through straight. The president said he's thinking about taking it over. He also indicated he thought the war would be soon. The moment he said that, people reacted. Rob, is this the clip? This is Fox News. Yes, sir. Do you have the numbers? Can we see what oil prices …”View more
Ridealong summary
Oil prices plummeted after President Trump hinted at seizing control of the Strait of Hormuz, a vital chokepoint for global crude oil. This uncertainty caused prices to drop from nearly $120 to around $85, highlighting how geopolitical tensions can swiftly impact markets. Experts predict that once the situation stabilizes, prices may return to earlier levels, revealing the volatility of oil trading.
PBD Podcast·Oil’s Most VOLATILE Day In History w/ Anthony Scaramucci | PBD #757·Mar 11, 2026
“… the first thing that happened or the most notable thing that happened in government bond markets when the bonds started falling on Iran was that the prices of the bonds fell and the borrowing costs went up and the yields went up. That's very weird because, as you say, Justin, like, you know, when the brown stuff hits the fan, people want to own nice, safe, boring government bonds. And so you would normally see borrowing costs absolutely crater and the price of these bonds go through the roof. That didn't happen. And I think that's a combination of two things. You know, the move in bond yields was …”“… safe because everyone else thinks it's safe. And that social convention is broken down. Is there a way to separate those stories? And what are the markets telling you? Yeah, they are two sides of the same coin, really. I was really surprised when the first thing that happened or the most notable thing that happened in government bond markets when the bonds started falling on Iran was that the prices of the bonds fell and the borrowing costs went up and the yields went up. That's very weird because, as you say, Justin, like, you know, when the brown stuff hits the fan, people want to own nice, safe, boring government bonds. And so you would normally see borrowing costs absolutely crater and the price of these bonds go through the roof. That didn't happen. And I think that's a combination of two things. You know, the move in bond yields was global, so we can't pin it all on the US, although the US does drive global direction here. But it does tell you two things. it tells you that there is less confidence in US Treasuries as a retreat when the going gets tough. But also it tells you that the bigger preoccupation for investors right now is the inflationary impact. Bonds hate inflation. …”View more
Ridealong summary
Oil prices could soar to $150 or even $200 a barrel, but current conditions might prevent this disaster. Political dynamics, especially with upcoming midterm elections, play a crucial role in investor behavior, who are currently unprepared for a major crisis. The situation is precarious, and while markets have shown resilience, the risks remain high.