Oil prices and the Israel-Hamas war

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/adchoicesNPR Privacy Policy

Om Podcasten

A little show about big ideas. From the people who make Planet Money, The Indicator helps you make sense of what's happening today. It's a quick hit of insight into work, business, the economy, and everything else. Listen weekday afternoons.Try Planet Money+! a new way to support the show you love, get a sponsor-free feed of the podcast, *and* get access to bonus content. You'll also get access to The Indicator and Planet Money Summer School, both without interruptions. sign up at plus.npr.org/planetmoney