Nobel Prize–winning economist Paul Krugman explains how the economics of oil shocks (BZ=F, CL=F) have changed since the 1970s.
Krugman joins Market Catalysts host Julie Hyman to explain how disruption in the Strait of Hormuz could deliver a major supply shock to the oil market and how US consumers could feel the pain at the pump.
Watch the video above to learn more.
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