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The Indicator from Planet Money · May 21, 2026 · 7m

So ... how long until these oil prices get REALLY bad

The Indicator examines why oil prices haven't skyrocketed despite the US-Israel war in Iran and the blockade of the Strait of Hormuz. The episode explores how global adaptation is preventing a catastrophic price shock, questioning how long that buffer might last.

This summary was generated from show notes and public descriptions, not from a full transcript review. Details may contain inaccuracies.

Highlights

Global Adaptation to Strait of Hormuz Blockade
The world is adapting to the blocked Strait of Hormuz, preventing a catastrophic oil price spike.

Misc

Fact checking by Sierra Juarez.
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