Current:Home > InvestOil prices and the Israel-Hamas war -WealthSphere Pro
Oil prices and the Israel-Hamas war
View
Date:2025-04-17 23:55:08
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)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
veryGood! (79)
Related
- Small twin
- How Libya’s chaos left its people vulnerable to deadly flooding
- Hawaii health officials warn volcanic smog known as vog has returned during latest eruption
- Student loan forgiveness scams are surging: Full discharge of all your federal student loans
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- A Russian passenger jet with a hydraulics problem makes a safe emergency landing in an open field
- Second body recovered two weeks after boat sank in Lake Michigan
- The myth of the money spider and the power of belief credited for UK woman's lottery win
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Watch Messi play tonight with Argentina vs. Bolivia: Time, how to stream online
Ranking
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Second Wisconsin Republican announces bid to take on Sen. Tammy Baldwin
- US poverty rate jumped in 2022, child poverty more than doubled: Census
- Imprisoned Iranian activist hospitalized as hunger strike reaches 13th day
- Intel's stock did something it hasn't done since 2022
- 'The streak is now broken': US poverty rate over time shows spike in 2022 levels
- EU lawmakers approve a deal to raise renewable energy target to 42.5% of total consumption by 2030
- Beleaguered Armenian region in Azerbaijan accepts urgent aid shipment
Recommendation
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
NCAA committee face threats over waiver policy, rips Mack Brown's 'Shame On You' comments
Rescue teams are frustrated that Morocco did not accept more international help after earthquake
Danelo Cavalcante press conference livestream: Police give updates on search for Pennsylvania prisoner
Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
DA ordered to respond to Meadows' request for emergency stay in Georgia election case
Virginia House candidate denounces leak of online sex videos with husband
U.S. sets record for billion-dollar weather and climate disasters in 2023