Oil Surges After U.S. Strikes Iran — How Big Is the Economic Risk?

Chuck Zodda and Mike Armstrong assess the economic fallout after U.S. strikes on Iran intensified Middle East tensions. With oil jumping nearly 7%, LNG production disruptions in Qatar, halted shipping through the Strait of Hormuz, and insurers pulling coverage from tankers, the hosts break down how duration, scope, and magnitude will determine whether this is a short-term shock or something more damaging to the global economy.They also examine market reactions across stocks, bonds, currencies, and energy, debate whether AI-driven job displacement fears are overblown, and analyze Nvidia’s earnings and why the stock continues to trade sideways despite strong results.