Economics in the News 2026 Iran Oil Shock: How the Hormuz Crisis Reshaped the Global Economy The 2026 Iran oil shock pushed Brent crude past $108, closed the Strait of Hormuz, and forced central banks worldwide... May 17, 2026 16 min read
Economics in the News OPEC and the Geopolitics of Oil: How a Cartel Controls the World’s Most Important Commodity OPEC production plunged 27% in March 2026 as the Iran war shut down the Strait of Hormuz. Here is how... April 15, 2026 13 min read
Economics in the News The Economic Cost of Presidential Rhetoric During the Iran Crisis Presidential social media posts during the 2026 Iran crisis have added a "rhetoric premium" to oil prices, costing American families... April 8, 2026 15 min read