Travis Hoium

For Lou Whiteman, Rachel Warren, and Christy Waterworth behind the glass, I'm Travis Hoyum.

Thanks for listening to Motley Fool Money.

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Oil is up, the market's down, so where do we go from here?

Motley Fool Money starts now.

Everybody needs money.

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From Fool Global Headquarters, this is Motley Fool Money.

Welcome to Motley Fool Money.

I'm Travis Hoyum, joined today by Lou Whiteman and John Quast.

And guys, we've got to talk about the...

elephant in the room.

That's what's going on in Iran.

It's causing a huge increase in oil prices.

It's causing the market to decline.

This could impact the economy for years to come.

So we're going to try to pull this apart as much as we can, bring a little bit of historical context to what we're seeing in the market, how investors should be thinking about this.

But let's start with the near-term impact, because I think that's probably the easiest, Lou, to get our heads around

As we look at, in particular, energy, about 20% of the world's oil flows through the Strait of Hormuz.

That's getting a lot of the attention in the market.