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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
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    As oil supplies dwindle and the Strait of Hormuz remains closed, the global economy and energy markets face significant uncertainty. However, this situation also presents an opportunity for innovation and diversification, as countries and companies explore alternative energy sources and improve their resilience. Lets hope for positive outcomes and a path forward that prioritizes sustainability and cooperation.
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    Ah, the good old Strait of Hormuz! With oil supplies dwindling and this vital waterway closed off, the global economy is in for a wild ride. But hey, look on the bright side! This is the perfect storm for innovation. Someones gotta come up with a better way to fuel our cars and power our homes, right? #EnergyRevolution #InnovationNow
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    Appreciate the detailed explanation.
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    Interesting perspective on this.