Middle East in Podcasts
placeA country in Northern Europe with significant oil and gas resources, especially in the Middle East and Russia.
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Let me go to the Middle East.
And, you know, you talk about what's happening in the Middle East and the escalation in relation to conflict.
There's about 70 refineries in the Middle East, most of them, dozens of them, clustered around the Persian Gulf.
The crisis in the Middle East
Now, as part of this, obviously, the war is continuing in the Middle East and the impact of the war in Iran is having huge impact on the energy prices and fuel prices.
We go to the news that the Energy Minister, Dara O'Brien, has warned that the war in the Middle East could see energy prices jump by 4% to 9% and that the situation remains very volatile.
And there's a long history with these things in the Middle East in general and between the Israelis and the Lebanese in particular.
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