The Strait of Hormuz Is Open (Sort Of). So How’s It Going?

WSJ What’s News

The Wall Street Journal

Daily News, News

4.1 • 4.2K Ratings

🗓️ 22 June 2026

⏱️ 15 minutes

🔗️ Recording | Apple Podcasts | RSS

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Summary

P.M. Edition for June 22. Traffic through the Strait of Hormuz appears to have sped up this weekend, but what’s next? WSJ reporter Joe Wallace joins us to discuss what we should expect from the vital shipping route if the ceasefire holds. Plus, The National Highway Traffic Safety Administration has opened an investigation into Tesla after a fatal wreck near Houston, Texas. And remembering two titans: legendary music executive Clive Davis and former Fed chairman Alan Greenspan have died. We hear from WSJ chief economics correspondent Nick Timiraos about Greenspan’s legacy. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter.

Transcript

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0:00.0	This episode is brought to you by Coca-Cola Zero, official partner of the FIFA World Cup 2026.
0:06.9	Coca-Cola has also partnered with Panini to bring fans closer to the tournament.
0:11.7	Selected Coca-Cola bottles will feature exclusive Panini FIFA World Cup 2026 stickers under labels.
0:19.2	Collect 12 exclusive stickers for the dedicated Coca-Cola double-page spread.
0:24.1	Pick up a Coca-Cola zero sugar and start collecting.
0:27.9	Peel, sip, collect.
0:33.6	Kear Starmers' resignation continues an era of political turbulence in the UK.
0:38.3	What does that mean for its economy?
0:40.3	Plus, in an exclusive interview, Microsoft CEO Satya Nadella offers a blistering critique of how the AI race has played out.
0:48.3	When college students are booing commencement speakers who utter the word AI, that's a tell on, hey, they're anxious.
0:56.3	And influential Fed chairman Alan Greenspan has died at age 100.
1:00.6	It's Monday, June 22.
1:02.8	I'm Alex O'Soulev for the Wall Street Journal.
1:05.2	This is the PM edition of What's News, the top headlines and business stories that move the world today.
1:16.4	The U.S. Iran peace deal that was signed on Wednesday last week was meant to reopen this trade of horrid moves.
1:21.8	So how exactly is that going? I'm joined now by WS.J reporter Joe Wallace.
1:26.8	Okay, Joe, let's start with, like like what's going on in this trait right now.
1:29.3	Are we seeing ships moving through it?
1:32.3	Yeah, there's been a notable uptick in traffic over the past week or so.
1:37.3	We have to be careful not to read too much into any one day's transit numbers,
1:42.3	but there has definitely been a heavier flow, leaving in
1:45.8	particular over the past week or so, also quite a few ships going in. But the ships coming out
	...

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