The failure in 1973 to return to convertibility, or hold the exchange rate, at a 42.22nd of a gold ounce, rattled currency ...

Jaffe, an energy expert at New York University, recalled that to Americans in 1973, the idea that there suddenly wasn’t enough gas to go around was shocking. “The automobile was king,” she said.

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 ...

The 1973 Arab oil embargo was one of the defining moments of modern history. To many, it foretold a new age of limited growth and American retreat. In truth, it demonstrated the ability of free ...

The oil embargo of 1973 was a major event in the history of the United States. It led to a recession in the United States and other countries. It also led to thoughts of a needed energy policy in the ...

On Oct. 17, 1973, the Organization of Arab Petroleum Exporting Countries declared an oil embargo on countries supporting Israel in its war with Egypt, Syria and Jordan.

Fifty years ago, a secret deal among Arab governments triggered one of the most traumatic economic crises to afflict the United States and other big oil importers. Saudi King Faisal and other Arab ...

Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and push prices higher. But don't expect a repeat of the ...

This had changed after the OPEC oil embargo was lifted in March 1974 but, as also analysed in full in my new book on the new global oil market order, under the guidance of Henry Kissinger (U.S ...

Jaffe, an energy expert at New York University, recalled that to Americans in 1973, the idea that there suddenly wasn’t enough gas to go around was shocking. “The automobile was king,” she said.

On Oct. 17, 1973, the Organization of Arab Petroleum Exporting Countries declared an oil embargo on countries supporting Israel in its war with Egypt, Syria and Jordan.