After the war in Iran began, several measures went into effect to keep oil prices under control. Governments and companies tapped their reserves and illicit oil became more available. But as the war continues, <a href="https://www.wsj.com/business/energy-oil/oil-executives-say-the-great-fuel-crisis-is-here-b6b32030?mod=WSJ_TJPOD">those buffers have now been depleted</a> and <a href="https://www.wsj.com/business/american-businesses-have-no-idea-how-to-set-prices-right-now-061274e0?mod=WSJ_TJPOD">the pain is starting to worsen</a>. WSJ's <a href="https://www.wsj.com/news/author/benoit-morenne?mod=WSJ_TJPOD">Benoît Morenne</a> breaks down how we got here and <a href="https://www.wsj.com/news/author/owen-tucker-smith?mod=WSJ_TJPOD">Owen Tucker-Smith</a> explains what it means for some businesses. <a href="https://www.wsj.com/news/author/ryan-knutson?mod=WSJ_TJPOD">Ryan Knutson</a> hosts.
Further Listening: 
- <a href="https://open.spotify.com/episode/1vdAQ0NdO3WJcR9VqGUtyn">Inside the U.S. Deal to Get Venezuela’s Oil</a>&nbsp;
- <a href="https://open.spotify.com/episode/6qkTrrmGq7YMVR0gVEO2k6">Can an ‘Economic D-Day’ End the Iran War?</a>
Sign up for WSJ’s free <a href="https://www.wsj.com/newsletters/whats-news?mod=WSJ_TJPOD">What’s News newsletter</a>.
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