# The war with Iran: what does the disruption in the Strait of Hormuz mean for global energy?

Page: https://stenobird.com/podcast/energy-gang-887131/the-war-with-iran-what-does-the-disruption-in-the-strait-of-hormuz-mean-for-global-energy
Text version: https://stenobird.com/podcast/energy-gang-887131/the-war-with-iran-what-does-the-disruption-in-the-strait-of-hormuz-mean-for-global-energy.md
Podcast: [Energy Gang](https://stenobird.com/podcast/energy-gang-887131)
Published: 2026-03-10T00:00:00+00:00
Episode link: https://dts.podtrac.com/redirect.mp3/rss.art19.com/episodes/360ee160-dc44-4320-91ef-ca5394a21e1a.mp3?rss_browser=BAhJIg90cmFuc2NyaWJyBjoGRVQ%3D--952c5701c84ad333c69d5faa668f8177091704f0
Audio file: https://dts.podtrac.com/redirect.mp3/rss.art19.com/episodes/360ee160-dc44-4320-91ef-ca5394a21e1a.mp3?rss_browser=BAhJIg90cmFuc2NyaWJyBjoGRVQ%3D--952c5701c84ad333c69d5faa668f8177091704f0
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Duration seconds: 4272

## Resource

Tanker traffic dries up, oil, gas and fertilizer prices soar, and the world holds its breath The Strait of Hormuz has long been discussed as one of the single greatest vulnerabilities in global energy supply. Now the risk has become reality. Host Ed Crooks is joined by Amy Myers Jaffe, Director of NYU's Energy, Climate Justice and Sustainability Lab, and Chris Aversano, Director of Maritime Partnerships at Wood Mackenzie, to assess what the disruption means for energy markets, supply chains, and the people at the centre of it all. Oil prices briefly spiked to around $119 a barrel before falling back. European natural gas prices have nearly doubled. But those numbers only tell part of the story. In normal times, between 150 and 175 ships would pass through the Strait of Hormuz every day. Since the war began, that has fallen to perhaps 10 to 12 a day. The Strait is a vital artery for the world’s energy and fertilizer supplies. If it is blocked for long, the results could be catastrophic. Amy puts the market's reaction in context. She has been studying the Strait of Hormuz since the 1990s, and says that although the geography is still the same, the technology is different. The threat from drones, drone boats, and other weapons of asymmetric warfare may be harder to neutralise than the weapons that shaped earlier thinking. As she puts it, modern threats to shipping are “not your father's Oldsmobile”. Chris highlights the human dimension of the conflict. An estimated 20,000 seafarers are currently trapped inside the war zone, alongside a further 15,000 people on cruise ships and ferries. Seven merchant mariners have been killed so far, in 13 confirmed or suspected attacks. These are civilians, Chris reminds us: workers sending money home to countries such as the Philippines…

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