# Multimedia 

Multimedia 

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Cato Weekly Podcast • March 10, 2026 

# The Strait of Hormuz and the Price of War 

Beyond the immediate crisis, the conversation explores the unintended consequences of military escalation in the Middle East and the limits of U.S. policy responses once global energy flows are disrupted. Evan Sankey and Colin Grabow examine how great-power politics, alliance commitments, and domestic economic pressures will shape the administration’s next moves as the conflict unfolds.

[![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) 
This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/). 

##### Featuring 

[![Evan Sankey - cropped](/sites/cato.org/files/styles/author_picture/public/2025-08/2015-06-12-Cato%20Institute-Evan%20Sankey--cropped.jpg?itok=OUint3Re)](/people/evan-sankey) 

##### [Evan Sankey](/people/evan-sankey)

Policy Analyst, Cato Institute

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](mailto:esankey@cato.org) 

[![Colin Grabow](/sites/cato.org/files/styles/author_picture/public/2021-01/Colin%20Grabow.jpg?itok=pNkGPWw4)](/people/colin-grabow) 

##### [Colin Grabow](/people/colin-grabow)

Associate Director, Herbert A. Stiefel Center for Trade Policy Studies

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](https://x.com/cpgrabow)