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Planet Money

How to get through the Strait of Hormuz

Planet Money

NPR

News, Business

4.630.5K Ratings

🗓️ 14 April 2026

⏱️ 19 minutes

🧾️ Download transcript

Summary

The United States has been at war with Iran since February 28th. And for a month and a half, Iran’s main leverage over the U.S. has been their control over the Strait of Hormuz — a key global shipping route. Iran has attacked ships that try to pass without approval. And recently they’ve insinuated that one part of the Strait — the part near Oman — is not safe. Which means that captains had to go right by Iran’s shores to get through the Strait … effectively creating a chokepoint for the global economy. 

On today’s show, a source inside Iran tells us how ships had been getting through the strait, and how the tollbooth Iran set up works. And we ask: What does this all mean for the global economy? 

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This episode of Planet Money was hosted by Nick Fountain. It was produced by James Sneed. It was edited by Jess Jiang, fact-checked by Sierra Juarez, and engineered by Kwesi Lee. Alex Goldmark is Planet Money’s executive producer.

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Transcript

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0:00.0

You know, live events can generate a lot of income for towns and cities.

0:04.7

This is a known fact.

0:06.2

Yeah, Taylor Swift's Ares Tour famously stimulated the local economy in the cities it visited.

0:13.2

The Federal Reserve even registered the impact.

0:15.6

And Planet Money wants to help your city, which is why we, altruistically, of course, are going on tour.

0:22.1

No other reason.

0:22.9

Yep.

0:23.4

No other reason.

0:25.0

And I don't know, maybe we'll call our tour the Sarah's tour, because I'm Sarah.

0:30.3

I'll be at one other stops.

0:31.5

Again, no other reason.

0:32.8

But it will be just as exciting as the ERAs tour.

0:36.2

Brand new stories, books signing from the team, some stops are going to have game theory games,

0:40.7

others will have big name interviews.

0:42.8

All of them are going to be filled with storytelling that explains how economics shapes your life.

0:47.8

Get a tote bag with your purchase while supplies last.

0:50.2

Think of it as our scarf.

0:51.6

And get tickets at planetmoneybook.com.

0:57.2

This is Planet Money from NPR.

1:03.0

Right now, as we record this show, Tuesday, April 14th, around 2 p.m. Eastern, Iran and the U.S. are still blocking marine traffic from

1:13.9

leaving the Persian Gulf. We have no idea how this is going to play out. But we do know that it

1:19.2

will have huge implications for the global economy. And for this guy.

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