Listen To The Mark Simone, weekdays from 10 to Noon on 710 WOR in New York or on your iHeartRadio app!
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They discuss when the Strait of Hormuz will reopen to oil tanker traffic. The prolonged closure has kept oil prices elevated, driving up gas prices and threatening to slow the broader economy. John also explains why gas prices in California and New York tend not to fall even when oil prices drop. Additionally, the conversation touches on whether Fed Chair Jerome Powell will remain at the helm of the Federal Reserve.