Strait talk: Why the oil crisis is getting worse

A vital artery for Saudi oil exports is under siege and it’s not the Strait of Hormuz. Today on the show, we explain what’s going on in the Bab el-Mandeb shipping lane connected to the Red Sea, why it’s important, and why the global oil crisis is poised to get even worse. Fact checking by Sierra Juarez. Your Next Listen — Fixing the oil crisis might not fix the Persian Gulf Connect with The Indicator — Sign up for The Indicator’s weekly newsletter! — Buy the Planet Money book — Find our socials, YouTub...