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Iran war takes toll on global economy

Oil prices spike as Iran continues to block the Strait of Hormuz. Meanwhile, it is unclear when -- or if -- the U.S. Navy will start escorting tankers through the vital shipping channel. Christina Greer, Nayyera Haq, Sami Sage, and Catherine Rampell join the Nightcap. MS NOW: My Source for News, Opinion, and the World. » Subscribe to MS NOW: https://www.youtube.com/@msnow MS NOW is the go-to destination for domestic and international breaking news, and best-in-class opinion journalism. For more context and news coverage of the most important stories of our day click here: https://www.ms.now/ #iranwar #straitofhormuz #gasprices

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Oil prices spike as Iran continues to block the Strait of Hormuz. Meanwhile, it is unclear when -- or if -- the U.S. Navy will start escorting tankers through the vital shipping channel. Christina Greer, Nayyera Haq, Sami Sage, and Catherine Rampell join the Nightcap. MS NOW: My Source for News, Opinion, and the World. » Subscribe to MS NOW: https://www.youtube.com/@msnow MS NOW is the go-to destination for domestic and international breaking news, and best-in-class opinion journalism. For more context and news coverage of the most important stories of our day click here: https://www.ms.now/ #iranwar #straitofhormuz #gasprices