The Israel-Hamas conflict has revived memories of the Yom Kippur War that sparked the 1973 oil crisis. Deutsche Bank’s strategists even warned this week that the odds of 1970s-style stagflation ...

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

Problems with the supply of oil from the Middle East have led to four recessions since the first oil crisis exactly thirty years ago.

As a result of the 1973 fuel crisis, stricter emissions requirements, and a changing consumer climate, American cars were getting smaller by the mid-to-late 1970s.

By 1973, on the eve of the crisis, total oil imports had reached 34% of consumption, much of it from an increasingly volatile Middle East.

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 ...

Eagle Archives, Oct. 19, 1973: Mayor Butler said that if the oil shortage becomes critical over the winter, the city may have to close its schools for January and February.

In 1973, in the face of a debilitating energy crisis, President Richard M. Nixon lit a National Christmas Tree sporting just a single light.

Russia may embargo oil exports in order to improve its bargaining position. See why I believe that oil stocks are probably a worthwhile investment.

Fifty years after the 1973 Arab oil embargo, the fallout from the Israel-Hamas war has the potential to disrupt global supplies and raise gas prices.

History doesn’t repeat itself, but it often rhymes. On the eve of the 50th anniversary of the world’s first oil crisis, the parallels between October 2023 and October 1973 are easy to draw: A ...