Oil prices are surging in light of events in Iran and the Strait of Hormuz. Of course, the doomers are out in full force saying inflation is about to spike like 2022, and with it, the US (and global) economy will collapse. What's true? What's not? That's what today's episode is solely about. I'll tell you the TRUTH about what's going on0:00 Intro0:30 Oil prices are exploding higher2:26 Will higher oil prices bring back sky-high inflation?4:56 I told CNBC about it this morning7:22 The US is less energy dependent than in previous oil shocks10:48 The number one thing to rememberListen to From the Desk of Anthony Pompliano on:Apple Podcasts: https://podcasts.apple.com/us/podcast/from-the-desk-of-anthony-pompliano/id1819778503Spotify: https://open.spotify.com/show/1THAGnR1Xt1WDUn1CCTh1DPomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at: http://pompletter.comJoin 600K+ subscribers on my main channel: https://pompyoutube.com/ Follow Pomp on social media:Twitter: https://twitter.com/APompliano Instagram: https://www.instagram.com/pompglobal/ LinkedIn: https://www.linkedin.com/in/anthonypompliano/#AnthonyPompliano #FromtheDesk #marketnews