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More War, No Oil

More War, No Oil

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The conflict in the Gulf is now extending to the Red Sea. Saudi Arabia is being attacked by the Houthi rebels from Yemen, and risks losing its other main oil shipping route. Meanwhile President Trump seems undecided whether to escalate his fight with Iran, or make concessions to reopen the Strait of Hormuz. And global oil prices surge again. After almost nine months, is there any off-ramp for any of those involved? Phil and Roger ask Simon Mabon, Professor of International Politics at Lancaster University.

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