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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums'Full stop?' CNN host startled by expert's prediction about Iran war's impact on travel
'Full stop?' CNN host startled by expert's prediction about Iran war's impact on travel
By Travis Gettys
March 30, 2026 11:06AM ET
https://www.rawstory.com/iran-war-2676637440/
At least 1,000 ships are reportedly stranded in the Persian Gulf after Iran shut down the Strait of Hormuz in response to the joint U.S.-Israel military operation, and former Biden administration adviser Amos Hochstein told "CNN News Central" that the impact of that closure would send ripple effects throughout the global economy that will soon become apparent.
"It takes time for things to, for this kind of a shock to play out into the market because people have storage capacity so you don't really feel it," Hochstein said. "But now we're so far into it that you're starting to feel it. So as you said, consumers are feeling gasoline price pinch with $4 a gallon today on average, which means some are getting it a lot more than that. Diesel prices are going up dramatically in the United States and around the world, which means that our food and all the stuff that we that comes to us on a truck, whether it's from an Amazon delivery truck or through our shopping, is all going to go up in the next several days and weeks, and a lot and fertilizer and all kinds of other chemicals."
What happens when you have a disruption is that when it goes on for a while, when you turn it back on, it's not like flipping the switch and the light goes back on," Hochstein added. "You now have to start restarting all the production of the oil, the restarting of the production of the gas. Then you have to refine it, then you have to deliver it. So it will take a while for that to enter into the market. We have some airports around the world that may run out of jet fuel in the coming days, and planes will have to be grounded."
Bolduan interjected to make sure she had heard him correctly.
........
"Full stop," Hochstein repeated. "In about a week or so. There'll be airports around the world that will run out completely, and we're already seeing it because airports, some airports in the world are restricting how many flights can take off. So in some Asian countries, we're seeing them limiting the amount of flights already in order not to get to the point where they run out."
Applegrove: thanks to my cousin for the suggestion
OC375
(951 posts)We haven't known total war as a society in several generations.
War eats everything.
dalton99a
(94,218 posts)popsdenver
(2,317 posts)Air Freight, and Railroads deliver the goods for delivery by Trucks..................
Bluetus
(2,822 posts)JMCKUSICK
(6,066 posts)RT Atlanta
(2,746 posts)all because of this war of choice (at israel's behest?) to distract from the awfulness of donnie's acts (and many others) that will come to light in the Epstein files.
BarbD
(1,444 posts)wants the war to go on and on.
pfitz59
(12,715 posts)Travel plans are changing rapidly. Attendance is already shrinking. I hope his honeymoon is pre-paid. Between Trump insulting Canadians, Europeans and other would-be tourists this added expense is a dagger in the heart to the US tourist industry.
NoMoreRepugs
(12,089 posts)wnylib
(26,048 posts)They produce their own fertilizer.
They have no need for gas.
They grow their own feed for their horses and cows.
They have their own sources of milk, pork, cooking fat.
They might run low on oil for their lamps. Wonder if they could use pork fat?
They might have shortages of flour, sugar, cloth, and thread.
If they produce a surplus of food and grain, they have their own transportation system to deliver it.
littlemissmartypants
(33,745 posts)We're ALL in for a rude awakening.
Thank you for the discussion, applegrove.
❤️
IronLionZion
(51,284 posts)They've made prices of everything great again. MAGA!
MustLoveBeagles
(16,460 posts)Everyone is going to feel the pain, not just the libs.
IronLionZion
(51,284 posts)MustLoveBeagles
(16,460 posts)modrepub
(4,115 posts)My Call of Duty game doesn't have $10/gal gas or rationing based on license plate numbers...
flashman13
(2,410 posts)This is getting personal. My work truck runs on diesel. We are just going into work season. It's a little more complicated for farmers and ranchers. They also have the fertilizer issue to deal with.
Sure, I can pass on the cost to my clients, but I resent the fact that all of this is unnecessary and it is happening because the orange moron thinks he can start a meaningless war to shield himself from THE EPSTEIN FILES.
BTW We had 570 people at the No Kings rally. That's an impressive showing for a small town out here in Redlandia.
Resistance1
(159 posts)It will be the worst recession that anyone has ever seen. Some say it may even be a depression. Started by the dumbfuck who destroys everything he touches!
blue-wave
(5,158 posts)more stressful on the worldwide supply chains than covid. It's why I've been telling people to stock up on food--- dry goods, canned goods, toilet paper, medicines, etc., etc. Even if the stores have inventory, the inflation will hurt. Do whatever you can to insulate yourself from any pain this screw up might cause.
We could be in for a very wild ride.