History: Iranian Revolution Part 2

Financial Context
01/01/2024 14 min
History: Iranian Revolution Part 2

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Episode Synopsis

After the clergy took control of Iran in 1979, chaos ensued throughout global oil markets. In this month's podcast Nate and Dan pick up where they left off and discuss how and why oil prices more than doubled in the early 1980s and the mechanism for the demand destruction the eventually brought prices back in balance. 
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