The 1973 oil embargo removed 4.5 million barrels per day from global supply. Today, that figure stands at 20 million.
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1973 OPEC oil embargo to US-Israel & Iran war: 6 geopolitical conflicts that shaped India’s energy strategy
New Delhi: Slowing growth, depleting forex reserves and persisting uncertainty—the energy crisis triggered by Iran’s blockade of the Strait of Hormuz has once again brought into focus how India’s ...
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