EPISODE · May 26, 2026 · 17 MIN
The Iran war oil shock: Is there worse to come?
from Business Daily · host BBC World Service
When the Iran war and the Strait of Hormuz's closure disrupted global oil supply, some experts predicted crude oil prices as high as $150, or even $200 per barrel. That hasn't happened. Why not? And is it because the way the global oil markets work mean the pain for households and businesses is still to come?Presenter: Ed Butler Producer: Josh Martin(Photo: Getty/matejmo)
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The Iran war oil shock: Is there worse to come?
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