Oil prices soar as Iran's attacks on Mideast shipping continue | Hot off the Wire podcast

kAm~? E@52JVD 6A:D@56ik^Am

kF=mk=:mxC2?VD F?C6=6?E:?8 2EE24<D @? |:562DE D9:AA:?8 2?5 6?6C8J :?7C2DECF4EFC6 D6?5 @:= AC:46D D@2C:?8]k^=:mk=:ms2>286 E@ 9:DE@C:42= D:E6D :? xC2? C2:D6D 2=2C> 23@FE H2CVD :>A24E @? AC@E64E65 A=246D]k^=:mk=:m+6=6?D<JJ D2JD &<C2:?6 2H2:ED (9:E6 w@FD6 D:8?\@77 @? &$ 5C@?6 AC@5F4E:@? 562=]k^=:mk=:m$6?682= =2H>2<6CD 2AAC@G6 ?6H 3:== E@F896?:?8 AF?:D9>6?E 7@C 9@>@D6IF2= 24ED]k^=:mk=:m$E2E6 =2H>2<6CD CFD9 E@ D6E C@F?5:?8 CF=6D 7@C H96? E96C6 2C6 ?@ A6??:6D]k^=:mk=:m%CF>A 25>:?:DEC2E:@? <:4<D @77 ?6H AC@46DD E@ ECJ E@ C6A=246 E2C:77D DECF4< 5@H? 3J $FAC6>6 r@FCE]k^=:mk=:m%CF>A E@FED 4FEE:?8 5CF8 AC:46D[ D=2>D 76==@H #6AF3=:42? #6A] |2DD:6 5FC:?8 DE@AD :? ~9:@[ z6?EF4<J]k^=:mk=:m~FE52E65 :?E6= =:<6=J =65 &$ E@ 42CCJ @FE 5625=J DEC:<6 @? xC2?:2? 6=6>6?E2CJ D49@@=[ p! D@FC46D D2J]k^=:mk=:mtADE6:?VD =@?8E:>6 244@F?E2?E E6DE:7:6D @? 9:D H62=E9 2?5 3FD:?6DD E:6D]k^=:mk=:mxC2? E2C86ED D9:AD[ sF32: 2:CA@CE 2?5 @:= 724:=:E:6D 2D 64@?@>:4 4@?46C?D >@F?E]k^=:mk=:m|2? E2<6? :?E@ 4FDE@5J 27E6C 5C:G:?8 G2? :?E@ D64FC:EJ 82E6 @FED:56 (9:E6 w@FD6[ 2FE9@C:E:6D D2J]k^=:mk=:m!C@D64FE@C D2JD #:92??2[ pSp! #@4<J[ b <:5D H6C6 9@>6 H96? H@>2? 492C865 H:E9 2EE6>AE65 >FC56C 7:C65]k^=:mk=:ma <:==65 2?5 9@>6D 52>2865 27E6C E@C?25@6D E62C E9C@F89 x==:?@:D 2?5 x?5:2?2[ >@C6 DE@C>D >@G:?8 :?]k^=:mk=:m&$ DE@4< >2C<6E C6>2:?D 42=>[ 6G6? 2D @:= AC:46D C:D6]k^=:mk=:mx?7=2E:@? 96=5 DE625J =2DE >@?E9 367@C6 2EE24< @? xC2? D6?E 6?6C8J 4@DED D@2C:?8]k^=:mk=:m%62> &$p DFCG:G6D 2E E96 (@C=5 q2D632== r=2DD:4 H:E9 D@>6 96=A[ E96 #2G6?D 255 2 DE2C A2DD CFD96C 27E6C 324<:?8 @FE @7 2 562= 7@C 2?@E96C[ 2 BF2CE6C324< 5C27E65 }@] e @G6C2== D:8?D 2 >F=E:\J62C 6IE6?D:@?[ 2 E9C66\E:>6 }qp |'! ?@E496D 2?@E96C EC:A=6\5@F3=6[ E96 E@A H@>6?’D 9@@AD DE2C 563FED H:E9 %62> &$p 2?5 2 =@?8E:>6 4@==686 32D<6E32== 4@249 :D 962565 E@ 7C66 286?4J]k^=:mk=:mxC2?’D DA@CED >:?:DE6C D2JD E96 4@F?ECJ 42?’E E2<6 A2CE :? E96 (@C=5 rFA 3642FD6 @7 &$ 2EE24<D]k^=:mk=:m(}qp A=2J6CDV F?:@? 766=D >@G6>6?E :D 36:?8 >256 :? rqp ?68@E:2E:@?D 27E6C h\9@FC 32C82:?:?8 D6DD:@?]k^=:mk=:mq2C46=@?2 72? 8@6D E@ HC@?8 DE25:F> :? t?8=2?5 2?5 >:DD6D r92>A:@?D {628F6 >2E49]k^=:mk=:ms@4F>6?ED D9@H E92E &z AC:>6 >:?:DE6C H2D H2C?65 @7 VC6AFE2E:@?2= C:D<V E@ 2AA@:?E:?8 !6E6C |2?56=D@? 2D 2>32DD25@C]k^=:mk=:mqC:E2:? :D 6;64E:?8 96C65:E2CJ ?@3=6D 7C@> !2C=:2>6?E 27E6C f__ J62CD]k^=:mk=:m$@FE9 p7C:42 56A=@JD EC@@AD :? y@92??6D3FC8 E@ E24<=6 @C82?:K65 4C:>6]k^=:mk^F=m

kAmk6>m—%96 pDD@4:2E6k^6>mk6>m5 !C6DDk^6>mk^Am

kAmkDEC@?8mp3@FE E9:D AC@8C2>k^DEC@?8mk^Am

kAmw@DE %6CCJ {:AD96EK :D >2?28:?8 65:E@C @7 E96 ?2E:@?2= ?6HDC@@> 7@C {66 t?E6CAC:D6D] q6D:56D AC@5F4:?8 E96 52:=J k2 9C67lQ9EEADi^^@>?J]7>^D9@HD^9@E\@77\E96\H:C6Qmw@E @77 E96 (:C6k^2m ?6HD A@542DE[ %6CCJ 4@?5F4ED A6C:@5:4 :?E6CG:6HD 7@C E9:D k2 9C67lQ9EEADi^^@>?J]7>^D9@HD^369:?5\E96\9625=:?6D\A@5Qmq69:?5 E96 w625=:?6Dk^2m AC@8C2>[ 4@\9@DED E96 k2 9C67lQ9EEADi^^@>?J]7>^D9@HD^;FDE\E@\36\?@>:?2E65Qm$EC62>65 U2>Aj $4C66?65 k^2m>@G:6D 2?5 E6=6G:D:@? AC@8C2> 2?5 :D E96 7@C>6C AC@5F46C @7 k2 9C67lQ9EEADi^^@>?J]7>^D9@HD^24C@DD\E96\D<JQmp4C@DD E96 $<J[k^2m 2 A@542DE 565:42E65 E@ H62E96C 2?5 4=:>2E6]k^Am

kAmkDEC@?8m%96>6 >FD:4k^DEC@?8mk^Am

kAm%96 }6HD %@?:89E[ FD65 F?56C =:46?D6 7C@> $@F?5DEC:A6] *@F%F36 4=62C2?46i +#a|~%#~vxc)pw#)k^Am