Why oil matters: conflicts abroad, costs at home

石油为何重要:海外冲突,国内成本

The Story

2026-03-11

31 分钟
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War in the Middle East has caused oil and gas prices to soar and sent the markets into turmoil. But why does oil still have such a powerful influence over the cost of household goods? And what has history taught us about how wars are waged when oil holds such sway? Our listener survey is live - find it here. This podcast was brought to you thanks to the support of readers of The Times and The Sunday Times. Subscribe today: http://thetimes.com/thestory Guest: Dr Ellen R. Wald, Ph.D., Senior Fellow at the Atlantic Council’s Global Energy Center and author of Saudi, Inc..Harry Wallop, consumer journalist and Times Radio contributor.Host: Rosie Wright Producer: Julia Webster and Harry Stott We want to hear from you - email: thestory@thetimes.com Read more: Does Trump really have a plan for what he is doing in Iran? Further listening: Could Trump lose MAGA over Iran? Clips: Blue Georgia on X, The White House, The Economic Times, CNN, GB News, AP Photo: Getty Images. This podcast was brought to you thanks to subscribers of The Times and The Sunday Times. To enjoy unlimited digital access to all our journalism subscribe here. Hosted on Acast. See acast.com/privacy for more information.
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