S&P Global chairman assesses the Strait of Hormuz blockade’s impact on global energy prices

S&P Global Vice Chairman Daniel Yergin discusses the interaction of the Iran struggle connected planetary vigor markets and efforts to reopen the Strait of Hormuz connected ‘Sunday Morning Futures.’

Daniel Yergin, S&P Global Vice Chairman, breaks down the terrible economical consequences of the Iran conflict, focusing connected the Strait of Hormuz blockade. Yergin explains however this captious waterway's effectual closure has caused oil, gas, diesel, and fertilizer prices to spike globally. He highlights the interaction connected planetary shipping and discusses however Iran is "waging warfare connected the satellite economy" by controlling this cardinal choke point.