Think the oil shock is bad in the US? Look here : The Indicator from Planet Money Shipping through the Strait of Hormuz is pretty slow right now. A once steady stream of global oil has been severed, and oil prices have shot into the stratosphere. Countries across the world are trying to stop the bleeding. One is counting down the days until it runs out of oil. Another is … just fine.

On today’s show, we take stock of how three countries, New Zealand, Zimbabwe, and China, are navigating the oil crisis.

The Indicator is launching a newsletter! The very first email goes out this Friday. Be among the first and sign-up now: npr.org/newsletter/indicator 

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Related episodes: 
How are drivers riding out the gas crisis?
Will Trump’s shipping insurance plan work?

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. 

The Indicator from Planet Money

Think the oil shock is bad in the US? Look here

A fuel price reading shows on a pump at a fuel station in Plumtree town in Plumtree town on March 18, 2026.

A fuel price reading shows on a pump at a fuel station in Plumtree town in Zimbabwe on March 18, 2026. Zinyange Auntony/Getty Images hide caption

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Zinyange Auntony/Getty Images

Shipping through the Strait of Hormuz is pretty slow right now. A once steady stream of global oil has been severed, and oil prices have shot into the stratosphere. Countries across the world are trying to stop the bleeding. One is counting down the days until it runs out of oil. Another is … just fine.

On today’s show, we take stock of how three countries, New Zealand, Zimbabwe, and China, are navigating the oil crisis.

The Indicator is launching a newsletter! The very first email goes out this Friday. Be among the first and sign-up now: npr.org/newsletter/indicator 

Come see Planet Money live on stage! 12 cities. Details and tix here: planetmoneybook.com/#tour

Related episodes: 
How are drivers riding out the gas crisis?
Will Trump’s shipping insurance plan work?

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.