What does a conflict thousands of miles away have to do with your daily life? More than you might think.
In this week’s episode of Democracy Does, I sit down with Severin Borenstein to unpack why rising tensions in the Middle East.
The key takeaway: oil is a global market. Even though the U.S. produces a significant amount of oil, prices are set worldwide. When supply is disrupted—like the estimated 10–15% currently affected—costs rise everywhere, and those increases show up at the pump within weeks.
