Over 50 years ago, on October 6, 1973, the Arab armies of Egypt and Syria launched a surprise attack on Israel during Yom Kippur, the holiest day of the Jewish calendar. Almost exactly 50 years later, ...

They gathered in Doha – the leaders of the Arab League and the Organisation of Islamic Cooperation – to show support for ...

Today's stock market is so overvalued that it won't take much of a piece of straw to break the camel's back - much less an economic or geopolitical shock from the Middle East. Compare the stock market ...

WASHINGTON (Reuters) - Forty years after an Arab oil embargo throttled the U.S. economy, surging North American energy production has brought the United States closer to a long-dreamed "energy ...

The word “embargo” somewhat exaggerates what actually happened in 1973-1974. What many people do not know is that during the Arab Oil Embargo, total global oil supplies were restricted by less than 4% ...

Record high oil prices could be on the horizon in the event of a conflagration of the ongoing Israel-Hamas war, the World Bank cautioned. Should the conflict expand beyond the borders of the Gaza ...