Paramount agrees to pay Trump $16 million to settle ‘60 Minutes’ lawsuit CBS News called ‘meritless’ A trucker in his late ...

The oil-crisis in 1971 meant kids roller-skated on highways during car-free Sundays due to petrol not being available. Denmark had to diversify energy generation to stay warm.

Honda Planned a Mid-Engine V8 NSX Predecessor But the ’70s Oil Crisis Killed It. If Honda's legendary sports car had come out about 15 years earlier, it'd probably look something like this.

The energy crisis of 1979 was one of two oil price shocks during the 1970s—the other was in 1973. Higher prices and concerns about supplies led to panic buying in the gasoline market.

It had to take a banking crisis to do it. U.S. crude’s West Texas Intermediate benchmark fell 7% or more on Wednesday, to below $70 per barrel the first time since December 2021, as the banking ...

Global crude oil prices are now lower than they were before Israel attacked Iran earlier this month. A price spike did occur, ...

The nation was already dealing with gasoline shortages when Arab nations in 1973 imposed an oil embargo on the United States. Throwback Tulsa: ‘70s energy crisis brought gas rationing, 55 mph ...

Roubini has previously warned that an oil spike could spark a 70s-style stagflation crisis. The economy could see another 1970s-style oil shock if conflict in the Middle East escalates, according ...

It’s a stark reminder of the poor energy policy decisions made in the 1960s and '70s, leading to the 1973 oil crisis, with skyrocketing prices and economic turmoil.

Oil futures extended a slump Wednesday, with the U.S. benchmark closing below $70 a barrel for the first time since December 2021 as the fallout from a banking crisis stoked recession fears.

The "Dr. Doom" economist said crude prices could spike if Israel and Iran go to war. Roubini has previously warned that an oil spike could spark a 70s-style stagflation crisis. The economy could ...