Will Iran block the Strait of Hormuz?

This NPR Planet Money Indicator podcast episode discusses the geopolitical significance of the Strait of Hormuz, a crucial waterway for global oil and liquefied natural gas transport. The episode explores Iran's potential to disrupt shipping through the strait, examining past instances of conflict affecting traffic and the current concerns following US strikes on Iranian facilities. Experts from the Atlantic Council and the Center for New American Security offer insights into Iran's strategic position, potential actions (including indirect methods of disrupting traffic), and the role of the maritime insurance industry as a key indicator of escalating tensions. The podcast concludes that while a full blockade is unlikely due to international repercussions, the situation remains volatile and is closely monitored by insurance markets.