7 min

Oil prices and the Israel-Hamas war The Indicator from Planet Money

    • Business

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The Middle East is synonymous with oil production. And historically, oil prices usually surge when there's a conflict there.

But right now, despite the Israel-Hamas war, we're seeing the opposite — oil prices have fallen.

Today on the show: how the region's history, geography and markets are shaping oil prices.

Related Episodes:Why oil price shocks are getting less shocking (Apple Podcasts/Spotify)What could convince Egypt to take in Gaza's refugees? (Apple Podcasts/Spotify)

Learn more about sponsor message choices: podcastchoices.com/adchoices

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The Middle East is synonymous with oil production. And historically, oil prices usually surge when there's a conflict there.

But right now, despite the Israel-Hamas war, we're seeing the opposite — oil prices have fallen.

Today on the show: how the region's history, geography and markets are shaping oil prices.

Related Episodes:Why oil price shocks are getting less shocking (Apple Podcasts/Spotify)What could convince Egypt to take in Gaza's refugees? (Apple Podcasts/Spotify)

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy

7 min

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