The Strait of Hormuz crisis has turned a 53-kilometre waterway into the most consequential question in global energy. One to three ships are transiting it daily. It used to be 130.

 

Imagine the gap between knowing something can happen and watching it happen in real time. Western governments have war-gamed the Strait closing for 125 years. The assumption was always that Iran would fall first. It did not. And now the threat of a single homemade rocket, not a navy, not a warship, is enough to do what decades of geopolitical strategy assumed could never happen.

 

The historical record does not offer much comfort here. Price shocks at this scale have preceded prolonged economic depressions before, and those depressions create the conditions for conflict over natural resources. This pattern is not inevitable. But the early indicators right now, Ian Wereley says, look very familiar.

 

Topics: Strait of Hormuz crisis, Iran oil blockade, global oil supply disruption, oil market volatility, Strait of Hormuz geography

 

GUEST: Ian Wereley


Originally aired on 2026-04-20

The Strait of Hormuz crisis has turned a 53-kilometre waterway into the most consequential question in global energy. One to three ships are transiting it daily. It used to be 130.
&nbsp;
Imagine the gap between knowing something can happen and watching it happen in real time. Western governments have war-gamed the Strait closing for 125 years. The assumption was always that Iran would fall first. It did not. And now the threat of a single homemade rocket, not a navy, not a warship, is enough to do what decades of geopolitical strategy assumed could never happen.
&nbsp;
The historical record does not offer much comfort here. Price shocks at this scale have preceded prolonged economic depressions before, and those depressions create the conditions for conflict over natural resources. This pattern is not inevitable. But the early indicators right now, Ian Wereley says, look very familiar.
&nbsp;
Topics: Strait of Hormuz crisis, Iran oil blockade, global oil supply disruption, oil market volatility, Strait of Hormuz geography
&nbsp;
GUEST: Ian Wereley
 Originally aired on&nbsp;2026-04-20

Shane Hewitt & The Nightshift is your late-night companion for real talk, bold ideas, and unfiltered conversations that matter. Hosted by Canadian radio veteran Shane Hewitt, each episode dives into the headlines, human stories, and hidden truths shaping our world—always with curiosity, compassion, and a sharp edge.

From politics and pop culture to mental health, technology, and everyday life, this podcast is where night owls, deep thinkers, and curious minds come to connect. Featuring expert guests, passionate callers, and Shane’s signature style—thoughtful, fearless, and refreshingly real.

If you crave meaningful dialogue, smart perspectives, and late-night radio energy in podcast form, subscribe now and join The Nightshift.

Shane Hewitt &amp; The Nightshift is your late-night companion for real talk, bold ideas, and unfiltered conversations that matter. Hosted by Canadian radio veteran Shane Hewitt, each episode dives into the headlines, human stories, and hidden truths shaping our world&mdash;always with curiosity, compassion, and a sharp edge.
From politics and pop culture to mental health, technology, and everyday life, this podcast is where night owls, deep thinkers, and curious minds come to connect. Featuring expert guests, passionate callers, and Shane&rsquo;s signature style&mdash;thoughtful, fearless, and refreshingly real.
If you crave meaningful dialogue, smart perspectives, and late-night radio energy in podcast form, subscribe now and join The Nightshift.

Shane Hewitt and The Nightshift

Shane Hewitt is known for his engaging and relatable on-air personality, which captivates listeners. His ability to blend insightful commentary with humour and empathy creates a genuine connection with listeners.  Shane Hewitt and the Night Shift provides relatable content, informative discussions and expert insights – along with a balance of anecdotes and entertainment.

Shane Hewitt is known for his engaging and relatable on-air personality, which captivates listeners. His ability to blend insightful commentary with humour and empathy creates a genuine connection with listeners.  Shane Hewitt and the Night Shift provides relatable content, informative discussions and expert insights – along with a balance of anecdotes and entertainment.