What a $100-Per-Barrel Oil Spike Does to the Global Economy
Big Take10 Mar

What a $100-Per-Barrel Oil Spike Does to the Global Economy

After oil soared to nearly $120 per barrel on Sunday, President Donald Trump began to signal that the US had already achieved victory in Iran and could wind down the conflict soon. There was an immediate drop in oil prices — and the entire global economy seemed to sigh in relief.

On today’s Big Take podcast, Stacey Vanek Smith and Bloomberg Opinion’s Javier Blas discuss why the global economy is so sensitive to oil price spikes and how oil prices are ratcheting up both domestic and international pressure on Trump.

Read more:

Higher Gas Prices Hit Americans Already Hurting From Inflation

This Isn’t an Energy Crisis — at Least Not Yet

Hosted by Stacey Vanek Smith; Produced by David Fox; Reported by Stacey Vanek Smith; Edited by Naomi Shavin.

Fact-checking by Eleanor Harrison-Dengate, Aaron Edwards and Jeff Grocott; Engineering by Alex Sugiura.

Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

See omnystudio.com/listener for privacy information.

Episoder(847)

After Months of Succession Planning, Who’s Leading Iran?

After Months of Succession Planning, Who’s Leading Iran?

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2 Mar 14min

The Escalating Conflict With Iran

The Escalating Conflict With Iran

Targets in Iran, Israel and in the Middle East are under attack in an unprecedented escalation in the conflict between the US and Iran. The combat operations come after weeks of negotiations between t...

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Former Goldman Sachs CEO Lloyd Blankfein Says the Market Is Due For a Reckoning

Former Goldman Sachs CEO Lloyd Blankfein Says the Market Is Due For a Reckoning

After steering one of Wall Street’s iconic investment banks through the financial crisis, former Goldman Sachs CEO Lloyd Blankfein is investing his own money and, with the publication of a new memoir,...

1 Mar 36min

Special Report: US and Israel Strike Iran

Special Report: US and Israel Strike Iran

President Donald Trump says the US has begun major combat operations against Iran. Airstrikes have been carried out by Israel and the US, with multiple provinces hit. Iran in turn has fired back at Is...

28 Feb 11min

The Sixth Bureau Episode 4: The Duck Analogy

The Sixth Bureau Episode 4: The Duck Analogy

In Episode 4 of The Sixth Bureau, a series from The Big Take, we follow a spy from China’s Ministry of State Security as he tries to plan a delicate overseas meeting with a valuable source. But the pe...

27 Feb 33min

How the ‘Power Game’ Is Reshaping Venezuela

How the ‘Power Game’ Is Reshaping Venezuela

After US forces captured former Venezuelan President Nicolás Maduro in January, President Donald Trump said the US would “run” the South American country. What’s actually happened since? On today’s Bi...

26 Feb 18min

Is Apple Winning the ‘AI Scare Trade’?

Is Apple Winning the ‘AI Scare Trade’?

As the “AI scare trade” jolts companies large and small, Apple shares keep doing their own thing. The company has “decoupled” to the greatest degree in 20 years from forces moving the rest of the Nasd...

25 Feb 16min

A Guide to the State of Trump and the Union

A Guide to the State of Trump and the Union

President Trump heads into Tuesday evening’s State of the Union address with sagging poll numbers just days after his signature tariff strategy was struck down by the Supreme Court. As a speaker with ...

24 Feb 15min

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