How rising prices ricochet from the Strait of Hormuz to your gas tank

Methodology

Sources for this story include Samantha Gross, director of the Energy Security and Climate Initiative at the Brookings Institution; Sal Mercogliano, a maritime historian at Campbell University; Rebecca Babin, a senior equity trader for CIBC Private Wealth; Tom Seng, an assistant professor of professional practice in energy finance at Texas Christian University; Mark Finley, a nonresident fellow in energy and global oil at Rice University’s Baker Institute; David Ortega, a food economist and professor at Michigan State University; and Diane Swonk, chief economist at KPMG US. The price of oil is measured by the Brent crude benchmark, and jet fuel is measured by the Argus U.S. Jet Fuel Index.

About this story

Design, illustration and animation by Natalie Vineberg. Development by Aadit Tambe. Editing by Betty Chavarria and Jennifer Liberto. Copy editing by Whitney Juckno.