US President Donald Trump says he is not seeking negotiations with Iran but ‘unconditional surrender.’ The last time an Iranian regime fell, in the 1979 Islamic Revolution, the unrest triggered a global oil crisis. Now, oil prices are again soaring. So we want to ask: Could the world be facing a new oil crisis? We ask Kenneth Medlock, Senior Director at the Center for Energy Studies in the Baker Institute for Public Policy at Rice University.
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