Crude oil prices have fallen under $30 a barrel. This comes days after sanctions were lifted on Iran, a country that is promising to produce 500,000 barrels of oil a day in coming weeks.
Meanwhile, the U.S. also imposed new sanctions on a number of Iranian companies over their participation in Iran's ballistic missile program. Here & Now's Robin Young talks with Ali Velshi of Al Jazeera America.
This segment aired on January 18, 2016.