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Confidence in the silverback is shuttering and investors are desperate for alternatives. The data is clear. The US dollar ...
The failure in 1973 to return to convertibility, or hold the exchange rate, at a 42.22nd of a gold ounce, rattled currency ...
Last Updated on June 30, 2025 by Matt Staff The 1970s oil crisis hit everyone with the gravity of an empty-tank warning light ...
The full impact of the war on the price of oil became apparent only after the Organization of Arab Petroleum Exporting Countries (OAPEC), the oil cartel, imposed a crude embargo on the US in ...
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From Gas Shortages to Fistfights: The 1973 Oil Embargo and Its Gas GuzzlersIn 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 ...
An Iranian effort to shut the strait would roil energy markets, easily pushing crude prices above $100. But it would also be extremely risky for Iran, whose theocratic leaders have to map out what ...
Will the Israeli/Iran conflict lead to a full-blown oil crisis? The Israeli Iron Dome air defense system fires to intercept missiles during an Iranian attack over Tel Aviv, Israel, early on June 18.
Assam Oil Well Crisis: Urgent Action Required to Contain Blistering Gas Leak An ONGC crude oil well in Assam continues to leak gas for the seventh day, prompting Chief Minister Himanta Biswa Sarma to ...
Oil prices could surge to $120 per barrel if the Israel-Iran conflict disrupts supply through the Strait of Hormuz, where almost a third of global seaborne oil trade flows daily.
NEW YORK (AP) — U.S. stocks drifted to a mixed finish on Wednesday after the Federal Reserve indicated it may cut interest rates twice this year, though it’s far from certain about that. The S ...
Jan 18, 2022: Indonesian officials announce that palm oil exporters will be required to obtain permits for exports and to declare how much palm oil they plan to sell domestically. Jan 19, 2022: A cap ...
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