Iran Is Trying to Choke Off Traffic in the Strait of Hormuz
WSJ What’s News
The Wall Street Journal
4.1 • 4.2K Ratings
🗓️ 11 March 2026
⏱️ 13 minutes
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| 0:00.0 | What does leadership really look like? On The Power of Advice, a new podcast series from Capital Group, |
| 0:08.5 | you'll hear from athletes, entrepreneurs and executives who've led on the field in the boardroom and in their communities. |
| 0:16.2 | It's not about titles. It's about impact. Discover what drives them and the advice they carry forward. |
| 0:24.3 | Subscribe and start listening today. Published by Capital Client Group, Inc. |
| 0:33.5 | Inflation held steady in February, but the bigger question is what comes next? |
| 0:38.3 | Plus, why the U.S. military isn't helping oil tankers get through the strait of Hormuz. |
| 0:43.3 | What American defense officials are looking at is saying, like, if we send our people in there, they're going to be in the line of fire themselves. |
| 0:50.3 | It's not safe for them either. So that's why they're not currently offering that |
| 0:55.8 | to the oil or shipping industries. And Democrats are pitching tax cuts for millions of Americans |
| 1:00.6 | to try to win over voters. It's Wednesday, March 11th. I'm Alex O'Slef for the Wall Street Journal. |
| 1:07.3 | This is the PM edition of What's News, the top headlines and business stories that move the world today. |
| 1:18.6 | A new report out today from the Labor Department showed that consumer prices rose 2.4% in February from a year earlier. |
| 1:26.0 | That's the same pace as in January and pretty much what economists expected. |
| 1:30.2 | But these numbers are from before the U.S. and Israel attacked Iran, and the war threatens |
| 1:34.6 | to raise a lot of prices. |
| 1:36.5 | WS.J. Investing columnist Spencer Jacob joins us now to discuss the question on everyone's mind, |
| 1:42.0 | just what can February's numbers tell us? Spencer, under normal |
| 1:45.8 | circumstances, these numbers would have been a key reading on what prices are doing. How does the |
| 1:50.5 | Middle East War change that? Well, yes, it changes it a lot. It's a bit like saying, you know, |
| 1:56.0 | other than that, how did you like to play, Mrs. Lincoln? I mean, there's a big, big thing that's |
| 2:00.3 | happened since these numbers were compiled for February. |
| 2:04.4 | This war, if it lasts a long time, will have an impact not just on energy prices, but on food prices because it affects a lot of the world's fertilizer supply, a lot of just transport generally in the world. |
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