So ... how long until these oil prices get REALLY bad

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  NPR.

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  A couple of months ago, some oil analysts had a big flashing red warning sign.

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  They said if the Middle East war continued through spring,

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  the price of oil could potentially reach $200 a barrel.

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  But right now, it's actually closer to $100 a barrel.

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  And even without getting out my calculator, I can tell you that $100 is way less than $200.

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  So why is this happening?

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  The U.S.-Israel war in Iran is almost three months in.

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  Why isn't the price of oil even higher?

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  This is The Indicator from Planet Money.

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  I'm Waylon Wong.

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  And I'm Darian Woods.

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  Today on the show, the oil price mystery.

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  We learn about how the world is adapting to the blocked Strait of Hormuz.

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  And we ask how long until we might really hit stratospheric oil costs.

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  On Consider This, NPR's afternoon news podcast, we cover everything from politics to the economy to the world.

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  But every story starts with a question.

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  At NPR, we stand for your right to be curious,

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  to make sense of the biggest story of the day and what it means for you.

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  Follow Consider This wherever you get your podcasts.

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