Economic Implications of the U.S. War on Iran

This week on Economic Update, Professor Wolff discusses the 3800 Colorado meatpackers on strike before diving into a presentation on how the war on Iran and the closure of the Strait of Hormuz have disrupted the production and transportation of oil and gas sufficiently to drive up oil and gas prices globally, while also raising the prices of fertilizer and plastic and, via rising diesel fuel prices, all products brought to retail by trucks. In short, inflation was stoked by the war. Requesting $200 billion for the war on Iran deepens the U.S. fiscal crisis even further, stretching NATO almost to the breaking point. Trump’s popularity appears to be in a tailspin. Economics Professor Richard D. Wolff and guests discuss the current state of the economy, locally and globally. The program explores alternative ways to organize, markets, and government policies. The post Economic Implications of the U.S. War on Iran appeared first on KPFA.

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Economic Implications of the U.S. War on Iran is an episode from KPFA - Economic Update by KPFA.org - KPFA 94.1 Berkeley, CA.

This episode is 29:58 long.

This episode was published on Apr 17, 2026.

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