The energy crisis that may be coming for the U.S.

Here & Now Anytime

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4.1 • 953 Ratings

🗓️ 2 April 2026

⏱️ 16 minutes

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Summary

While gas prices across the country have skyrocketed since the start of the war with Iran, the U.S. has been relatively insulated from Iran’s blockade of the Strait of Hormuz. European and Asian countries haven’t been as lucky. But CNN’s Rana Foroohar said the energy crisis affecting them is likely to hit the U.S., too.

And, a key panel approved President Trump's plans for a new ballroom. The vote came days after a federal judge ordered the project to stop until Congress signed off on it. The Washington Post's Dan Diamond explains more.

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Transcript

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0:00.0	WBUR Podcasts, Boston.
0:04.0	It's such a, you know, as they would say, in soccer terms, an own goal on the part of the U.S. here.
0:12.3	The president, in advance the midterm elections, has spiked the main price that all of America sees on a daily basis, you know, gas.
0:23.1	The Iran War Oil Crisis is coming for the U.S.
0:37.3	It's Thursday, April 2nd, and this is here and now anytime from NPR and WBWR.
0:42.5	I'm Chris Bentley.
0:46.5	A little later on the show, we'll hear about the hand-picked panel reviewing President
0:50.4	Trump's ideas for a new White House ballroom, even though construction was put on hold
0:55.3	by a federal judge. Before we get to that story, though, almost five weeks into his war with Iran,
1:02.6	President Trump gave his first speech to the nation intended to explain what the U.S. and Israel
1:07.7	are trying to achieve with the war they launched and how much longer
1:11.7	it might last. But Trump did not commit to a timeline and instead vowed to continue attacking
1:18.6	civilian infrastructure. He even threatened to bomb Iran, quote, back to the Stone Age.
1:24.6	Iran has been essentially decimated.
1:28.7	The hard part is done, so it should be easy.
1:31.7	And in any event, when this conflict is over, the strait will open up naturally.
1:36.8	It'll just open up naturally.
1:38.5	They're going to want to be able to...
1:39.5	Despite the president's suggestion that his military objectives would be met, quote, very shortly.
1:45.1	Traders are pricing in a longer-term blow to the global economy.
1:49.6	The price of oil is up and the stock market is down.
1:53.5	Some economists are even starting to compare the global economic shock
	...

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