Think the oil shock is bad in the US? Look here

Shipping through the Strait of Hormuz is pretty slow right now. A once steady stream of global oil has been severed, and oil prices have shot into the stratosphere. Countries across the world are trying to stop the bleeding. One is counting down the days until it runs out of oil. Another is … just fine. On today’s show, we take stock of how three countries, New Zealand, Zimbabwe, and China, are navigating the oil crisis. The Indicator is launching a newsletter! The very first email goes out this Friday. Be among the first and sign-up now: npr.org/newsletter/indicator  Come see Planet Money live on stage! 12 cities. Details and tix here: planetmoneybook.com/#tour Related episodes: How are drivers riding out the gas crisis?Will Trump’s shipping insurance plan work? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.   To manage podcast ad preferences, review the links below: See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy