Episode
War, Hormuz and the Fuel Price Shock
- Podcast
- Oil Markets
- Published
- Mar 12, 2026
- Duration seconds
- 1381
- Processing state
not_requested- Canonical source
- https://globaloil.libsyn.com/war-hormuz-and-the-fuel-price-shock
Actions
POST https://stenobird.com/v1/public/podcasts/oil-markets-856107/episodes/war-hormuz-and-the-fuel-price-shock/transcription-requests
Idempotently request low-priority transcript generation for this episode.GET https://stenobird.com/podcast/oil-markets-856107/war-hormuz-and-the-fuel-price-shock.md
Read the agent-friendly Markdown representation of this episode resource.
Summary
After US and Israeli strikes on Iran and the closure of the Strait of Hormuz, oil markets have been on a rollercoaster. While crude has rallied above $100/b, refined fuels have surged even more sharply. In this episode of the Oil Markets Podcast, host Jeff Mower , Director of Americas Oil News, is joined by Senior Refining Editor Janet McGurty and Senior Refined Products Price Reporters Ben Peyton and Laura Huchzermeyer to break down what's driving the spike in diesel, jet fuel, and gasoline prices. Is California heading toward a fuel shortage as refinery closures and global disruptions collide? How vulnerable is the West Coast fuel market, and why is it often described as an "energy island"? Could high diesel, jet, and gasoline prices start hitting the broader economy?