What is the Strait of Hormuz - and why does it matter to global trade?
This Is Why
Sky News
4.0 • 552 Ratings
🗓️ 23 June 2025
⏱️ 19 minutes
🧾️ Download transcript
Summary
On today’s episode, Dominic Waghorn is joined by Sky News economics editor Ed Conway to discuss the consequences of Iran's next move.
Producer: Natalie Ktena
Editor: Paul Stanworth
Transcript
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| 0:00.0 | Uber drivers. Have you seen your pay go down while your fees to Uber go up? |
| 0:05.0 | All because of an algorithm that reduces your take-home pay, making you work more for less. |
| 0:10.0 | We believe Uber's dynamic pay and upfront pricing is unfair. |
| 0:14.0 | That's why Worker Info Exchange has launched the dynamic pay claim to seek compensation for drivers who have lost income. |
| 0:21.5 | If you've driven for Uber at any time since 2020, it's time to stand together. |
| 0:26.8 | Find out more at dynamic pay.org. |
| 0:30.5 | Luton Airport Express from St. Pancras featuring little prices. |
| 0:35.1 | Only got 32 minutes to go. |
| 0:37.0 | Comes every 30 minutes, you know. So turn up up your radio We'll turn the price way down low Look ahead and get a dealio Starts from a turner and you're good to go Nothing worse than traffic So slow Would it happen on a train? Heck no 32 minutes Tuck, Tuck, Tuck No traffic Tuck Tuck T'T Cause it's a train. Tup, Tup, Tup. |
| 0:55.0 | Blue and Airport Express. |
| 0:56.6 | 32 minutes to Goal. |
| 0:59.8 | Coming up in the Sky News Daily with me, Dominic Wagcorn, Iran is threatening to close the Strait of Hormuz. |
| 1:06.2 | What is it? |
| 1:06.9 | And what will that do to the global economy? |
| 1:11.2 | Uber drivers. Have you seen your pay go down while your fees to Uber go up? |
| 1:15.6 | All because of an algorithm that reduces your take-home pay, making you work more for less. |
| 1:21.0 | We believe Uber's dynamic pay and upfront pricing is unfair. |
| 1:25.0 | That's why Worker Info Exchange has launched the Dynamic Pay Claim to seek |
| 1:29.4 | compensation for drivers who have lost income. If you've driven for Uber at any time since 2020, |
| 1:35.5 | it's time to stand together. Find out more at dynamic pay.org. Stop paying to invest. With free trade, you can invest without the legacy fees, with a free ICER, a free pension, |
| 1:49.5 | and commission-free investing in funds, stocks, ETFs, bonds, and more. |
| 1:55.8 | Join over 1.6 million users on Free Trade's award-winning free platform. |
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