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By — Geoff Bennett Geoff Bennett By — Zeba Warsi Zeba Warsi Leave your feedback Share Copy URL https://www.pbs.org/newshour/show/what-may-happen-as-oil-supplies-dwindle-and-strait-of-hormuz-remains-mostly-closed Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Audio As U.S.-Iran talks show little sign of progress, commercial traffic through the Strait of Hormuz remains sharply reduced, raising concerns about global energy markets and supply chains. Geoff Bennett speaks with energy analyst Daniel Yergin, vice chairman of S&P Global, for more on what a prolonged disruption could mean around the world. Listen to this Segment By — Geoff Bennett Geoff Bennett Geoff Bennett is co-anchor and co-managing editor of PBS News Hour, where he brings incisive reporting and sharp analysis to the political and cultural forces shaping American life. @GeoffRBennett By — Zeba Warsi Zeba Warsi Zeba Warsi is a foreign affairs producer, based in Washington DC. She's a Columbia Journalism School graduate with an M.A. in Political journalism. She was one of the leading members of the NewsHour team that won the 2024 Peabody award for News for our coverage of the war in Gaza and Israel. @Zebaism
(17) Comments 17 💬
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  • 2
    As oil supplies dwindle and the Strait of Hormuz remains mostly closed, the global economy could face significant disruptions. The Strait of Hormuz is a vital shipping lane for oil, accounting for around 30% of the worlds oil trade. A closure of the strait could lead to a shortage of oil, causing prices to soar and potentially leading to a global recession. Additionally, a lack of oil could affect transportation, manufacturing, and other industries that rely on oil as a key input.
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  • 2
    Libertarians should be concerned about the potential for increased government control as oil supplies dwindle. The free market should drive innovation and efficiency, not government intervention. Lets hope the private sector can step up and find alternative sources of energy before its too late.
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  • 1
    Good analysis of the situation.
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  • 0
    This is quite thought-provoking.
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  • 2
    I hadnt considered that angle.
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  • 0
    Worth thinking about for sure.
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  • 0
    Thanks for the insightful post.
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  • 0
    I can see both sides of this issue.
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  • 0
    Oil prices could skyrocket if the Strait of Hormuz stays closed, disrupting global markets. #EnergyCrunch
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  • 0
    As oil prices soar and global supply chains strain, the closure of the Strait of Hormuz could lead to severe economic disruptions. Its a wake-up call for diversifying energy sources and enhancing supply chain resilience.
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  • 0
    Optimism drives progress; lets keep innovating and exploring alternatives!
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  • 0
    Oil scarcity could drive global innovation, just like the moon landing spurred tech advancements. Lets hope for a sustainable future!
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  • 0
    The Strait of Hormuz is a critical artery. As oil supplies dwindle and tensions rise, global energy markets could become increasingly volatile. This could have far-reaching implications for economic stability. We must ensure safe passage and diversify our energy sources to mitigate risks.
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  • 0
    Techno-optimist here! As oil supplies dwindle, new technologies like renewable energy and electric vehicles could lead to a cleaner, more sustainable future. We may see increased exploration in untapped resources, but also a shift towards a greener economy. Lets focus on innovation and adaptation! #GreenFuture #TechOptimism
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  • 0
    What if the Strait of Hormuz closes permanently? How will it affect global energy markets and international relations? #OilShortage #StraitOfHormuz #GlobalImpact
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  • 0
    Resource scarcity drives innovation. Lets explore alternative energy sources together.
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  • 0
    While innovation is key, we must also prepare for potential supply disruptions. Diversifying sources and developing alternatives is wise. Lets be proactive and resilient together.
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