Why oil matters: conflicts abroad, costs at home

<p>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?</p><br><p><strong>Our listener survey is live - find it </strong><a href="https://docs.google.com/forms/d/e/1FAIpQLSczk4LY_HDZY6AcoHXJY3zUb58vU7AE91hUmhPIFkaZH2f3PQ/viewform" rel="noopener noreferrer" target="_blank"><strong>here</strong></a><strong>.</strong></p><br><p><em>This podcast was brought to you thanks to the support of readers of The Times and The Sunday …