The Conversation Africa·62d ago
In the first half of 2026, the world economy's vulnerability to oil prices was highlighted by the US and Israel's conflict with Iran. Adam Hanieh's book, "Crude Capitalism: Oil, Corporate Power, and the Making of the World Market," explores the historical ties between oil and capitalism since the 1800s. Economist Imraan Valodia interviewed Hanieh to discuss his motivations for writing the book.