Why Higher Gas Prices Are More Than a ‘Glitch’
Mar 11, 2026•22 min
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Episode description
The war in Iran has effectively shut down the Strait of Hormuz, a key waterway for transporting roughly 20% of the world’s oil. As a result, ships are stuck and gas prices are climbing in the US. We look at the Trump administration’s possible solutions, and the key psychological benchmark that could push their political problem to a breaking point.
For more: The grim choice facing the Trump administration: Economic or naval collapse?
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Guests: Martín Izaguirre Salgado & David Goldman, CNN Business Senior Reporter
Host: David Rind
Producer: Paola Ortiz
Showrunner: Felicia Patinkin
Editorial Support: Vanessa Yurkevich
Photo: Joe Raedle/Getty Images
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