Sauce: In a large skillet or saucepan, heat the olive oil over medium-high heat. Add the shallots and season with salt and pepper to taste. Cook stirring frequently, until soft, about 3 to 4 minutes. Add in the garlic and cook to aromatic, about 2 minutes. Add the wine and simmer until the liquid has reduced by half, about 2 minutes. Stir in the clam juice, red pepper flakes and clams, season with salt and pepper to taste. Cover the pan with a tightfitting lid and cook until all the clams have opened, about 5 to 8 minutes.