Home
Mag-login
Mag-register
Nilalaman ng Pag-aaral
Loading...
$200 Oil. The World Economy is OBLITERATED - Video học tiếng Anh
Pagsasanay sa pakikinig
Pagsasanay sa pakikinig
/
Video
/
The Infographics Show
/
$200 Oil. The World Economy is OBLITERATED
$200 Oil. The World Economy is OBLITERATED
Piliin ang mode ng pag-aaral:
Tingnan ang mga subtitle
Pumili ng salita
Isulat muli ang salita
Highlight:
3000 Oxford Words
4000 IELTS Words
5000 Oxford Words
3000 Common Words
1000 TOEIC Words
5000 TOEFL Words
Mga Subtitle (430)
0:00
Next time you fill up your car, it could
0:02
literally break the bank. Iran just
0:04
issued a threat that could hit everyone
0:06
on the earth. Your gas, your groceries,
0:09
your paycheck. It could send the global
0:11
economy spiraling and there is no
0:13
escape. I'm Josh and on today's episode
0:15
of the Infographic Show, we're
0:16
discussing the fallout as Iran tells the
0:18
world to get ready for $200 a barrel. If
0:22
the price of oil hit $200 or even got
0:24
close, it could trigger one of the most
0:26
devastating energy crises in modern
0:28
history. The kind of crisis that shakes
0:30
economies, disrupts daily life, and
0:32
ripples across the globe in ways most
0:35
people can't even imagine. Because oil
0:37
is in many ways the lifeblood of the
0:39
global economy. When prices experience a
0:42
sharp sudden rise, it doesn't just
0:43
impact the oil industry. It affects
0:46
everything. Costs of food,
0:47
transportation, and manufacturing all
0:49
start to surge in line with the rising
0:51
rate of oil. This in turn has knock-on
0:53
effects on things like inflation,
0:56
interest rates, and the broader economy.
0:58
And that's why energy markets matter so
1:00
much. It's why even though it may feel a
1:02
million miles away to many, the war in
1:04
the Middle East could impact us all. On
1:06
February 28th, 2026, the United States
1:09
and Israel launched Operation Epic Fury.
1:11
Multiple air strikes were conducted
1:13
against military sites and cities across
1:15
Iran, killing the country's Supreme
1:16
Leader Ali Kami, along with other
1:19
Iranian officials. Iran responded with
1:21
missile strikes of its own, directly
1:23
targeting Israel, as well as military
1:25
and allied positions across the Middle
1:27
East. There have been casualties on both
1:28
sides, but Iran has little hope in
1:30
matching the combined might of the
1:32
American and Israeli armed forces, and
1:34
it doesn't have the necessary firepower
1:36
to counteract the US's worldleading
1:38
bombers or Israel's massive missile
1:40
silos. It does, however, have an
1:43
invaluable ace up its sleeve. One it
1:45
hopes could be powerful enough to
1:46
potentially bring an end to the
1:48
conflict. It's not a tank. It's not a
1:50
missile or a bomb. In fact, it has
1:52
nothing to do with the military at all.
1:54
Instead, it's all about geography. The
1:57
entire situation and the fate of the
1:59
world as we know it rests on a single
2:01
stretch of water in the Middle East, the
2:02
Straight of Hormuz. It's one of the most
2:04
significant and strategic waterways on
2:06
the earth. Saudi Arabia, Iraq, Kuwait,
2:09
and the UAE all export massive volumes
2:11
of oil to markets across Europe, Asia,
2:14
and the Americas. And most of that oil
2:16
has to pass through the straight of
2:17
Hormuz to reach its destination. Nearly
2:20
a fifth to a quarter of all global gas
2:22
and oil shipments flow through this
2:24
narrow passage, making it an
2:26
indispensable artery of the world energy
2:28
system. Iran knows that. It understands
2:31
that its biggest weapon in this war is
2:33
its close proximity to the straight of
2:34
Hormuz, and it intends to leverage it to
2:37
the maximum effect. That's why just days
2:39
after the conflict began, Iranian
2:41
officials issued a stern, stark warning.
2:43
The country's Islamic Revolutionary
2:45
Guard Corps or IRGC vowed not to allow
2:48
even a single liter of oil through the
2:50
waterway. An IRGC spokesman said that
2:52
any vessels in the area with links to
2:54
the US, Israel, or their allies will be
2:56
considered a legitimate target, adding,
2:58
"You will not be able to artificially
3:00
lower the price of oil. Expect oil at
3:02
$200 per barrel. The price of oil
3:04
depends on regional security, and you
3:06
are the main source of insecurity in the
3:08
region." Countries often make bold
3:10
proclamations and chilling threats
3:12
during wartime. It's designed to
3:14
intimidate their enemies or pressure
3:16
them into backing down. But this time,
3:18
it's not a baseless claim or an empty
3:20
threat. Iran is quite clearly capable
3:23
and willing to follow through on its
3:25
promise. It's already shown that with
3:26
its actions. The country has already
3:28
been seen deploying mine laying vessels
3:30
into the straight, lining the waterway
3:32
with dozens of deadly explosives. What
3:34
was once a safe and profitable
3:35
passageway has turned into a veritable
3:37
death trap. According to intelligence
3:39
reports, Iran has more mine layers
3:41
waiting in the wings with the potential
3:43
to plant hundreds of mines across the
3:45
strait should it choose to do so. The
3:47
IRGC also boasts other explosive boats
3:49
and shore-based missile batteries that
3:51
it could use to beef up its offensive
3:53
capabilities in the area. On top of
3:55
this, Iran has already taken direct
3:57
offensive action against several ships
3:59
that have attempted to pass through the
4:00
straight. Numerous vessels, including
4:02
oil tankers, have been targeted with
4:04
dozens of crew members having to be
4:06
evacuated and rescued as their vessels
4:08
went up in flames. If the war continues,
4:10
incidents like these will likely become
4:12
more frequent and unfortunately far
4:15
harder to prevent. Here's why. Even
4:17
though the Straight of Hormuz can be up
4:19
to 60 mi wide at certain spots, the
4:22
vessels traveling through it have to
4:23
follow a specific network of narrow
4:25
shipping lines. This is because so much
4:28
traffic passes through such a narrow
4:30
stretch of water that it has to be
4:31
managed with extreme care to avoid
4:34
collisions and other dangerous
4:35
incidents. As a result, at any given
4:37
moment, multiple massive tankers might
4:40
be moving through the straight, each
4:41
carrying millions of barrels of oil
4:43
while navigating tightly defined
4:45
shipping corridors. If anything
4:47
obstructs those corridors, the entire
4:48
flow of traffic through the straight can
4:50
slow down or become paralyzed. Iran
4:53
knows the routes that these tankers have
4:55
to take. It knows exactly where to plant
4:57
its mines, aim its missiles, and
4:59
position its own vessels to block them.
5:01
On top of all of that, there's also the
5:03
important matter of insurance. Shipping
5:06
companies rely on insurance providers to
5:07
cover their vessels as they travel
5:09
around the world, especially in risky
5:11
regions like the Straight of Hormuz.
5:13
When geopolitical crises erupt and
5:15
tensions boil over, insurance premiums
5:17
skyrocket. Not only that, but some
5:19
insurers decide that the risks are
5:21
simply too great and they refuse to
5:23
provide any kind of coverage. If
5:24
companies can't get their tankers
5:26
insured, they won't want to run the risk
5:28
of sending them through the straight.
5:30
So, even if US forces stepped in to
5:32
clear the mines or escort ships through
5:34
the straight, traffic would still almost
5:35
certainly decline, and prices would
5:37
still rise. For many shipping companies,
5:39
the risk of sending enormously valuable
5:41
tankers through such a volatile and
5:43
dangerous corridor would simply be too
5:45
great. That's why the price of oil rose
5:47
almost instantly once the war began,
5:49
soaring past the $70, $80, and $90
5:52
marks, eventually hitting $110 in early
5:54
March. Even if the conflict turned out
5:56
to be short-lived, it still would have a
5:58
notable impact on the flow of oil
6:00
through the straight. Oil markets also
6:02
tend to move very quickly during moments
6:04
of tension, war, and other crisis.
6:06
Traders like investment firms and hedge
6:08
funds are always thinking several steps
6:11
ahead. Oil is heavily traded on futures
6:14
markets where contracts are made to buy
6:16
or sell oil at a set price at a future
6:18
date. Large companies, national
6:20
governments, and major investors all
6:22
take part. If there is any indication
6:24
that prices are about to spike, they
6:26
rush to buy contracts at higher prices
6:28
in an attempt to get ahead of the game.
6:30
This creates a kind of snowball effect,
6:32
pushing the price of oil upward before a
6:35
crisis or shortage has actually
6:36
happened. And then once the crisis kicks
6:38
off, the snowball gets bigger. As more
6:41
contracts are snapped up at higher
6:42
prices, the average cost of oil barrels
6:44
skyrockets. More traders jump in hoping
6:47
to cash in. And then the price climbs
6:48
even higher. Momentum takes over. Even
6:51
if the situation on the ground
6:52
stabilizes or never escalates as feared,
6:55
oil prices can still spiral out of
6:57
control. All because traders and
6:59
investors are chasing profits. We've
7:01
seen this exact scenario play out
7:03
several times in the past. During the
7:05
1979 Iranian revolution, oil prices more
7:08
than doubled and global inflation
7:10
surged. During the Gulf War in the early
7:12
1990s, the price of oil saw another
7:15
sudden spike, rising from $17 per barrel
7:17
in July of 1990 to $36 a barrel just a
7:20
few months later. That's why Iran's
7:22
warning about $200 barrels of oil
7:24
matters so much, even if it might be
7:27
exaggerated. Words like these have a
7:29
real impact on the market and that in
7:31
turn affects everything else. If you're
7:33
enjoying watching the world collapse, go
7:35
ahead and hit like, share, and
7:37
subscribe. We got a whole lot more
7:39
doomsday scenarios on the channel and
7:41
they're starting to look pretty
7:42
realistic. So, will oil actually reach
7:45
$200 a barrel? Well, for now, it's
7:47
almost impossible to say. Such a rise
7:49
would almost be unprecedented. When
7:51
Russia invaded Ukraine, the price of oil
7:53
surged dramatically. Russia is the third
7:55
largest oil producing nation on the
7:57
earth. after the US and Saudi Arabia.
7:59
Even then, the cost peaked just under
8:01
$139 a barrel, far below the $200 mark.
8:05
This is a different and potentially even
8:07
more economically damaging situation. As
8:10
mentioned earlier, one in every five
8:12
barrels passes through the straight of
8:13
Hormuz. What happens next depends
8:15
massively on how long that passageway is
8:17
restricted. If the war continues and the
8:20
situation shows no signs of settling
8:21
down, bottlenecks will build up. Gulf
8:24
oil storage facilities will reach their
8:26
limits. Large oil fields may even need
8:28
to be shut down until the conflict can
8:30
be resolved. If that happens, prices
8:32
will rise sharply. Analysts from
8:34
financial and investment firms warned
8:36
that oil could soar well past 100 bucks
8:38
and stay high for the rest of the year.
8:40
The situation could also be made worse
8:42
by additional attacks on oil
8:44
infrastructure. There have already been
8:46
reports of explosions and large fires at
8:48
multiple oil storage facilities and
8:50
depots in and around Tehran. At least
8:52
four oil sites ignited intense blazes
8:54
and sent thick smoke across parts of the
8:56
Iranian capital. The fighting has
8:58
expanded to energy infrastructure, which
9:00
adds another layer of risk to the
9:02
supply. The timing of this conflict is
9:04
also problematic. Energy markets were
9:06
already operating in a highly
9:08
challenging environment before the war
9:10
even began. Global demand for oil is
9:12
extremely high right now. Even though
9:14
we're seeing more countries invest more
9:16
heavily in green and renewable energy
9:18
sources, the world still consumes more
9:20
than 100 million barrels of oil on a
9:22
daily basis. With such high demand,
9:24
which is still rising year-over-year,
9:27
there's very little margin for error in
9:28
the oil industry. Even minor delays and
9:31
disruptions can have genuinely dramatic
9:33
effects on prices and supply. The war in
9:35
Iran is much more than a minor delay or
9:38
disruption. So, it's not all that
9:40
difficult to imagine the price spiraling
9:41
swiftly out of control as the conflict
9:43
rages on. If and when that happens, it
9:46
won't take long for people everywhere to
9:47
feel the effects. In fact, they already
9:49
are. Reports show that average rates at
9:52
gas stations around the globe are
9:54
already rising. People in the US,
9:56
Europe, and elsewhere are having to
9:57
spend much more than before on a typical
10:00
tank of gas. Airline ticket prices are
10:02
also set to rise. That means
10:04
international travel will start to cost
10:05
much more. Shipping costs too will
10:07
inevitably increase as oil rises. And
10:10
those costs would ripple throughout the
10:12
entire global supply chain. All forms of
10:14
long-distance travel for goods and
10:16
people will become more expensive. Food
10:18
prices will most likely also start to
10:20
surge as farmers and distributors adapt
10:22
to the rising fuel prices. And then
10:25
there are the everyday items and
10:26
industrial essentials that are made from
10:28
petroleum products. They too would
10:30
become more expensive to make and to
10:32
transport and would therefore have to be
10:34
sold at higher prices to consumers. At a
10:37
time when people around the world are
10:38
already grappling with rising living
10:40
costs and inflation, the average
10:42
household budget would face ever greater
10:44
strain. For some, it may be even too
10:46
much to bear. Because oil and inflation
10:48
are directly connected. When the former
10:50
goes up, so does the latter. If oil gets
10:53
more expensive, businesses across almost
10:55
all major industries are faced with
10:56
higher costs. Manufacturers spend more
10:59
on energy and transportation. Retailers
11:01
spend more on getting goods from
11:02
warehouses to stores. Companies can't
11:05
simply cover all those extra costs on
11:07
their own. They either have to risk
11:08
complete collapse or pass on some of the
11:11
burden to their customers. That means
11:13
you. When so many industries are
11:15
experiencing a similar scenario,
11:17
inflation across the entire economy
11:19
begins to accelerate. The usual response
11:21
to this is for central banks around the
11:23
world to raise interest rates, but that
11:25
too has numerous knock-on effects.
11:27
Higher interest rates increase the cost
11:29
of borrowing, leaving people with less
11:31
disposable income to spend. That
11:33
typically results in slower economic
11:35
growth. In short, when oil rises this
11:37
much this quickly, the economy gets
11:39
stuck between a rock and a hard place.
11:41
There are no easy ways out, no obvious
11:43
solutions, and no matter what happens,
11:45
the situation is guaranteed to get worse
11:47
before it gets better. Looking back to
11:49
past examples of similar situations,
11:51
we've even seen oil price spikes
11:53
ultimately result in large-scale
11:55
international recessions. The higher
11:57
costs of so many goods and services
11:58
eventually proves too much for both
12:00
businesses and consumers to cope with.
12:02
Should that happen again here, then it
12:05
doesn't even matter how long the war in
12:06
Iran lasts, the rest of the world will
12:08
feel its effects for years to come.
12:10
Almost everything will become more
12:12
expensive. Businesses will buckle
12:14
beneath the pressure. The gap between
12:16
the wealthy and the rest of the
12:17
population will widen even further. Is
12:19
there any way this crisis can be
12:21
averted? Well, governments do have some
12:24
emergency tools available to help them
12:26
manage an energy crisis of this kind.
12:28
Many countries have created strategic
12:30
petroleum reserves, stockpiling large
12:32
amounts of crude oil that can be
12:33
released into the market if supply
12:35
begins to shrink. But these reserves are
12:37
limited. They're designed primarily to
12:39
provide temporary relief during brief
12:41
periods of delay and disruption before
12:43
the normal order is resumed. They're not
12:46
a long-term solution. While they can
12:48
help stabilize markets for a short time,
12:49
they would do little to offset the
12:51
massive losses that would occur if the
12:53
straight of Hormuz remained closed for
12:54
days, weeks, or even months. When
12:56
literally millions of barrels of oil per
12:58
day are taken out of circulation, the
13:00
impact of that is almost impossible to
13:02
offset. Some countries can also turn to
13:04
their increasingly large pools of
13:06
renewable energy sources to help them
13:08
manage the crisis. The likes of solar
13:10
and wind energy could prop up businesses
13:12
and keep power flowing into people's
13:14
homes. If there is one silver lining to
13:16
emerge from this crisis, it may be that
13:18
more countries see just how important
13:20
green energy truly is. They might start
13:22
to invest more heavily in eco-friendly
13:24
initiatives and sustainable technologies
13:26
to minimize the impact of future wars
13:28
and oil crisis. They may also look at
13:31
new policies and ways to minimize their
13:33
reliance on imported fuel. When the next
13:35
crisis comes, they won't feel the heat
13:37
as badly as they do today. But as
13:39
touched on earlier, data shows that oil
13:41
is still in enormous demand. There
13:43
simply isn't anywhere near enough green
13:45
power to counteract such a massive
13:47
disruption in the world's oil supply.
13:49
And so for now, all signs suggest this
13:51
crisis will not only continue, but will
13:53
most likely worsen for as long as the
13:55
conflict lasts. Unless the situation
13:57
changes quickly and dramatically, fewer
13:59
and fewer tankers will be willing to
14:01
risk navigating the increasingly
14:02
dangerous straight of Hormuz. And as a
14:04
result, fewer barrels of oil will leave
14:06
the Gulf States and reach countries
14:08
around the world. Industries will
14:09
struggle, costs will climb, and everyday
14:11
people will bear the burden. The world
14:13
teeters on the brink of an unprecedented
14:15
economic crisis. And while there may
14:17
still be time to prevent it, that window
14:19
is closing fast. If nothing changes
14:21
soon, the consequences could be
14:23
catastrophic. The world could be headed
14:25
straight for a reality we've only
14:26
imagined. Check out this is what'll
14:28
happen when the world runs out of oil to
14:30
see the horrifying reality. Or click on
14:33
this video instead.
