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So ... how long until these oil prices get REALLY bad

NPR· May 21, 2026· 7m 19s

The US-Israel War in Iran is almost three months in and oil prices have risen, but they’re not catastrophic … yet. Why isn't the price of oil even higher? We learn about how the world is adapting to the blocked Strait of Hormuz. Fact checking by Sierra Juarez . Your Next Listen — Think the oil shock is bad in the US? Look here Connect with The Indicator — Sign up for The Indicator’s brand new newsletter — Find our socials, YouTube and more ! — For sponsor-free episodes, subscribe to NPR+ See pcm

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So ... how long until these oil prices get REALLY bad

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  1. Welcome to the program. I'm your host.

    Welcome to the program. I'm your host.

    0:00

  2. Today we look at the major stories shaping the news cycle.

    Today we look at the major stories shaping the news cycle.

    0:04

  3. We start in Europe, where leaders met in Brussels.

    We start in Europe, where leaders met in Brussels.

    0:09

  4. The summit focused on energy policy and migration.

    The summit focused on energy policy and migration.

    0:14

  5. Reporting from the ground, our correspondent has more.

    Reporting from the ground, our correspondent has more.

    0:19

  6. Thank you. The mood here was tense but constructive.

    Thank you. The mood here was tense but constructive.

    0:24