This conversation was originally published on June 3rd, 2026.We keep hearing that another economic shock is coming if the Strait of Hormuz stays closed. But for many Americans, with $7 gas and $6 eggs, the shock is already here.So I spoke with Gregg Carlstrom, Middle East correspondent for The Economist, currently in Riyadh. He explains why prices could spike even if a deal is reached soon; how the closure could ripple through oil, fertilizer, j…