Oil prices jumped 5% today. Among the possible causes cited? OPEC looking to reduce oil supply. Host Marco Werman gets a reality check from Ellen Wald, a historian of the energy industry and the Western relationship with oil from the Middle East. They discuss the power of OPEC, the oil cartel that first flexed its muscles in the 1970’s.
The story you just read is not locked behind a paywall because listeners and readers like you generously support our nonprofit newsroom. Now more than ever, we need your help to support our global reporting work and power the future of The World. Can we count on you?