SITREP: Gas Prices EXPLODE as Hormuz is Blocked! EP740
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BLUF MAIN TOPIC:
The US Navy blockade of Iranian ports went live April 13th after peace talks in Islamabad collapsed with zero deal on the table. The ceasefire expires April 22nd. Iran is still refusing to commit to nuclear disarmament and the Strait of Hormuz remains choked. Oil is trading near $100 a barrel - Brent hit $102 on Monday alone. Gas prices are already up over a dollar a gallon since the war kicked off, and analysts are warning $5 is coming if the strait stays shut. But this isn’t just a fuel problem - and that’s what most people are missing. Diesel moves every truck that carries every product on every shelf in America. Tractors run on it. Fertilizer is derived from it. When fuel prices spike, groceries spike, shipping spikes, manufacturing inputs spike. The USDA is already forecasting food-at-home prices up 3.1% in 2026 - nearly double their projection from the start of the year. That number was set before the blockade went into effect. The window to get ahead of this is closing fast. Tonight we break it all down.
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