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With this month marking 50 years since the 1973 oil crisis, Deutsche Bank on Monday highlighted several similar indicators in present macroeconomic conditions to that time. In October 1973, the ...
Ahmed Zaki Yamani, the long-serving Saudi oil minister who masterminded an OPEC embargo that plunged western economies into recession in 1973, has died at the age of 90, Saudi state TV reported on ...
7don MSNOpinion
Nations Must Rally to Avoid a Critical Mineral Supply Crisis
As with the oil crisis in the '70s, international cooperation is needed now to ensure secure mineral supplies.
Unfortunately, energy is one of the sectors that have historically been hammered the most whenever the economy ails. The opening of giant oil fields in the United States in the years heading into the ...
When Russia invaded Ukraine in February 2022, the effects were felt far from the front line. In response to sanctions and price caps on its energy exports, Russia reduced supplies of gas to Europe and ...
Hamas’s surprise attack against Israel has fanned the flames of an age-old conflict in the Middle East and sparked fears that the global economy faces a repeat of the turbulent 1970s. Almost exactly ...
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