September 21, 2026

Big Take: The Real Costs of the U.S. Iran Blockade

On today's Big Take podcast, Bloomberg Global Defense Editor Gerry Doyle and Bloomberg Economics Defense Lead and adjunct senior fellow at the Center for a New American Security Becca Wasser join Sarah Holder to break down the conflict’s latest costs – the rising tab for the U.S.'s six-month-long blockade of the Strait of Hormuz, the drawdown of U.S. munitions stockpiles and the deepening toll on military personnel – and how the war has changed the U.S.'s ability to defend itself in future conflicts.

Listen to the full interview on Bloomberg.

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