leading to a shock to oil prices like the 1973 Yom Kippur War, or the 1979 Iranian Revolution," Roubini said, though he acknowledged that the impact on oil prices stemming from conflict in the ...

this diversification shields us from oil price shocks. In an op-ed for the FT, Citi's Ed Morse acknowledges all this. But he says allowing crude exports would vanquish the ghost of 1973 once and ...