EIA Forecast: 1.4 million barrel per day (mb/d) decrease by 2017. The 1973 Oil Embargo was 1.2 mb/d. Trend is for 1.3 to 2 times the harm of the 1973 Oil Embargo. Following is an effort to explain why ...

LONDON (Reuters) - Saudi Arabia has no intention of unleashing a 1973-style oil embargo on Western consumers and will isolate oil from politics, the Saudi energy minister said on Monday amid a ...

Because of the oil embargo in 1973, President Nixon had announced policies aimed at curbing our energy use. One of them asked service stations to close on Sundays to discourage traveling. For many, ...

Turkey’s decision to cancel the 1973 pipeline agreement with Iraq, retroactive to July 2022, signals a deliberate effort to reshape the terms of northern oil exports on its own terms. Far from a ...

The U.S. Strategic Petroleum Reserve (SPR) was created in 1975 by the Energy Policy and Conservation Act, signed into law by President Gerald Ford. It was established in response to the 1973-1974 oil ...

Anyone who controls the supply of magnets controls the future, and China has been quietly working on this under America's nose for decades. Can Australia muscle in?

Fueling The Conversation, Week of October 27th, 2025 Seeking to reduce American dependence on foreign oil after the Arab ...

The Israel-Hamas war could cause significant disruptions to the global oil market, similar to the 1973 Oil Crisis. Iran may retaliate through oil embargoes or attacks on key oil facilities, which ...

Russian deputy prime minister Alexander Novak suggested there would be “catastrophic consequences for the global market” if the United States and other Western nations decided to ban imports of ...