News

Despite escalating regional tensions and military actions, Gulf National Oil Companies (NOCs) are maintaining their long-term strategies focused on stability, economic diversification, and global ...
The United States dollar has fallen at its fastest pace in more than 50 years, with its worst performance in the first half of 2025 since the Arab oil embargo of 1973. The dollar index, which measures ...
The failure in 1973 to return to convertibility, or hold the exchange rate, at a 42.22nd of a gold ounce, rattled currency ...
Past conflicts involving oil-producing nations in West Asia have significantly impacted global crude-oil prices. However, the recent ongoing hostility between Israel and Iran has been less significant ...
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 contained move in oil prices during the Israel-Iran war highlights the increasing efficiency of energy markets and ...
Markets have priced in that the worst of the Iran-Israel conflict is behind us and there will be no oil supply shocks ...
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 ...
THERE are few things more calculated to strike fear into the world than an energy embargo. Read more at The Business Times.
Compare the stock market’s valuation today with where it stood in October 1973, when that year’s Arab oil embargo was ...