History doesn’t repeat itself, but it often rhymes. On the eve of the 50th anniversary of the world’s first oil crisis, the parallels between October 2023 and October 1973 are easy to draw: A ...

Needless to say, the similarities with the first oil crisis in 1973 will suggest to many that a new oil price spike will occur, but this is not your father’s (or mother’s) oil crisis.

The Israel-Hamas conflict has revived memories of the Yom Kippur War that sparked the 1973 oil crisis. Deutsche Bank’s strategists even warned this week that the odds of 1970s-style stagflation ...

In 1973, the world experienced a major turning point in automotive history. The Organization of Petroleum Exporting Countries (OPEC) decided to tighten the flow of oil to the United States, triggering ...

As a result, according to the World Bank, the elementary school enrollment rates in Iraq and Iran, which were less than 60% before the oil crisis, rose to about 80% in the 1980s.

Why oil prices spiralled in 1973, plus Amoco Cadiz, one of the world’s largest oil spills. Homepage. Accessibility links. Skip to content; ... Marking 50 years since the 1973 global oil crisis.

When the Pinto was released into the world in 1971, ... Ford Granada is perhaps the best model out of Detroit to epitomize ...

First oil crisis. It was during the oil crisis of 1973 when the world suddenly realised just how dependent it was on the Middle East and OPEC for its oil. ... the Arab oil producing countries slapped ...

But it did lead to more oil production in the U.S. Imports eventually peaked in 2005, and fracking and other technologies have recently made the U.S. the world’s leading oil producer.

The Israel-Hamas conflict has revived memories of the Yom Kippur War that sparked the 1973 oil crisis. Deutsche Bank’s strategists even warned this week that the odds of 1970s-style stagflation ...

History doesn't repeat itself, but it often rhymes. On the eve of the 50th anniversary of the world's first oil crisis, the parallels between October 2023 and October 1973 are easy to draw: A ...