Alex Krainer on Iran Oil Shock and Why This Crisis Could Hit Food Next

Recorded on March 20 2026 Andy Millette sits down with Alex Krainer for a wide-ranging conversation on the Iran war, oil shock risk, Strait of Hormuz pressure, fertilizer disruption, food inflation, and the larger fight over natural resource control. Alex argues that the market is still underestimating the second-order effects of a prolonged Middle East escalation, especially for shipping lanes, Gulf infrastructure, agriculture, and inflation-sensitive economies. The discussion moves from immediate energy stress to longer-cycle fallout in fertilizers, crop yields, and food availability, with Europe framed as one of the most exposed regions. They also dig into the banking incentives…