What Europe Can Learn From the 1973 Oil Shock Building an economy that is both green and resilient requires EU-wide solidarity.

Although the current Mideast crisis appears similar to the 1973 events that caused the first Oil Crisis, many things have changed so that a repeat is unlikely.

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 ...

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

The US and Europe could experience fuel shortages this summer that could be worse than the 1973 oil crisis, the International Energy Agency warned.

The Israel-Hamas war could cause significant disruptions to the global oil market, similar to the 1973 Oil Crisis. Iran may retaliate through oil embargoes or attacks on key oil facilities, which ...

The 1979 energy crisis was an event triggered by the Iranian Revolution that led to widespread panic about gasoline shortages in the U.S.

Saudi Arabia has no intention of using its oil wealth as a political tool in the controversy over the killing of journalist Jamal Khashoggi, and the kingdom plans to boost crude output again soon.

Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and raise prices.

In response to sanctions and price caps on its energy exports, Russia reduced supplies of gas to Europe and threatened to cut oil production. The global price of energy shot up.

“The world was scarred by the 1973 oil embargo,” says Jeff Colgan, a professor at American University’s School of International Service. Scarcity became America’s energy reality.

WASHINGTON (AP) — 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 ...