Last Updated on June 30, 2025 by Matt Staff The 1970s oil crisis hit everyone with the gravity of an empty-tank warning light ...

Immediately after Israel attacked Iran earlier this month, crude oil prices spiked up—exactly like you'd expect with a war that threatens oil supplies. The price increase was substantial: 7% within a ...

Immediately after Israel attacked Iran earlier this month, crude oil prices spiked up — exactly like you'd expect with a war that threatens oil supplies. The price increase was substantial: 7% within ...

Global crude oil prices are now lower than they were before Israel attacked Iran earlier this month. A price spike did occur, but it was short-lived — unlike oil crises of the past.