Oil Really Could Hit $200 a Barrel
The U.S. is flirting with economic and geopolitical disaster in the Strait of Hormuz.
The Iran war has already created the “largest supply disruption in the history of the global oil market,” according to the International Energy Agency, and the situation could still get much worse. Iran has vowed to sink any ship trying to pass through the Strait of Hormuz, the ...
The strongest version of this narrative highlights a plausible cascade of economic and geopolitical consequences from a prolonged oil crisis, grounded in verifiable facts about supply chains, energy markets, and state actors' strategic interests. It credibly outlines how higher oil prices could destabilize the U.S. economy, empower adversaries like Russia and China, and accelerate a global energy transition. However, the framing leans heavily on fear appeals (e.g., "economic and geopolitical dis...