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)
