Who would have thought that oil would become the most powerful impetus for the development of wind energy in the 20th century ...

Some analysts attributed Tuesday's rally in the U.S. stock market to falling oil prices, which tend to ease inflationary worries and may, in turn, give the Federal Reserve a chance to resume cutting ...

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 ...

Conflict in the Middle East often stokes fears of an energy crisis. The Arab-Israeli War of 1973 led to an oil embargo that caused calamitous shortages of gasoline in the United S ...

The contained move in oil prices during the Israel-Iran war highlights the increasing efficiency of energy markets and ...

Compare the stock market’s valuation today with where it stood in October 1973, when that year’s Arab oil embargo was ...

Oil also powers less of the US economy these days. In 1975, petroleum accounted for 47% of the energy consumed in the United ...

The U.S. strike on Iran's nuclear site raises fears of a new oil crisis. Here's how the S&P 500 reacted during past energy ...

In 1973, a 14% drop in global supply during the Arab oil embargo quadrupled prices and triggered economic chaos across the West. Today, an outright closure of the strait would dwarf that shock. Crude ...

In 1973, the price of crude oil rose from below $3.00 per barrel to almost $12 per barrel. This quadrupling (+300%) of the crude oil price occurred as a result of the “Arab Oil Embargo.” ...