Monday, March 16, 2026

Wilder: The Oil Shock of 2026

John Wilder has some thoughts about the impact of the closure of the Strait of Hormuz on oil prices and the economy in general in his latest piece at Wilder Wealthy & Wise. He warns:

When the price jumps it acts like a stealth tax on every single human activity that involves moving atoms around.  We’ve already seen Brent crude north of $120 a barrel, with whispers of $150 if this drags on.  Groceries will cost more because trucks burn fuel.  Manufacturing grinds slower because inputs skyrocket.  Even that Amazon® package shows up later and at a higher price.    

Read the whole thing.  

1 comment:

  1. I think reading this is better than watching the Oscars, but I think dental surgery would be better than watching the Oscars. But I'm guessing, because I didn't watch the Oscars.

    ReplyDelete

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