The Journal.

The World is Running Out of Fuel

September 21, 2026·20 min·4-min readconversationalbusiness
Podzilla Summary (4 min)
TLDR
Oil prices have risen but not as dramatically as expected after Iran closed the Strait of Hormuz, cutting off 20% of global oil supply. Strategic reserves, sanctioned oil releases, and reduced Chinese demand initially stabilized markets. But after six months of crisis, those buffers are n

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Guest

B

Benoît Morenne

conversational on The Journal.

Mentions

Books, people, and resources mentioned in this episode.

People

Ryan KnutsonBenoît MorenneOwen Tucker-SmithJim Barber

Companies

J.P. MorganAmbix

Topics

Business NewsGeopoliticsGlobal NewsInflationInvestigative JournalismSupply Chain

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