There’s War in the Middle East. Why Are Oil Prices Falling?

中东战事连连,油价为何跌跌不休?

Big Take

2025-06-24

17 分钟
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The conventional wisdom used to be that war in the Middle East would send oil prices soaring. Not anymore.On today’s Big Take podcast, Bloomberg Opinion’s Javier Blas and host Sarah Holder talk about the emergence of the US as the world’s largest oil producer — and how that new power dynamic is playing out in the war in Iran. See omnystudio.com/listener for privacy information.
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  • This is an iHeart Podcast.

  • Join us so we can make sense of it all together, because none of us is as smart as all of us.

  • Listen to Make Me Smart wherever you get your podcasts.

  • I get right back there and it's bad.

  • I'm Jeff Perlman.

  • And I'm Rick Jervis.

  • We're journalists and hosts of the podcast Finding Sexy Sweat.

  • At an internship in 1993, we roomed with Reggie Payne,

  • aspiring reporter and rapper who went by Sexy Sweat.

  • A couple years ago, we set out to find him.

  • But in 2020, Reggie fell into a coma after police pinned him down and he never woke up.

  • But then I say, my son's not moving.

  • So we started digging and uncovered city officials bent on protecting their own.

  • Listen to Finding Sexy Sweat on the iHeartRadio app,

  • Apple Podcasts, or wherever you get your podcasts.

  • On Monday,

  • Iran responded to the U.S.'s weekend strike on its nuclear facilities by launching missiles at a U.S. airbase in Qatar.

  • Qatar said it intercepted the Iranian strike.

  • No casualties were reported.

  • and oil prices dropped.