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 ...

Today’s stock market is so overvalued that it won’t take much of a piece of straw to break the camel’s back — much less an ...

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

The oil shock of October 1973 is the story of America’s surrendering its energy independence, with dangerous consequences. It has disturbing parallels today. In 1960 America imported only 10% of ...

The oil shock of 1973/74 is regarded as one of the most important oil crises after an oil embargo by Arab producers against the U.S. deepened the financial crisis of the early 1970s.

But at the same time, the 1973 Oil “Shock” -which would be followed by that of 1979 as a consequence of the Iranian crisis- would cause a main geopolitical alteration.

So far, the conflict between Israel and Iran hasn’t caused oil prices to spike too high, but economists are watching.

What can the 1973 oil shock teach us? This isn’t the first energy crisis the world has faced. ... Russia reduced supplies of gas to Europe and threatened to cut oil production.

The 1973 oil shock failed to produce an effective collective response from the European Community. European institutions may be stronger today, but the danger of infighting persists, ...