As with the oil crisis in the '70s, international cooperation is needed now to ensure secure mineral supplies.
S&P 500 reactions to oil shocks vary widely depending on Fed policy reaction and broader macro conditions. Prolonged high oil prices often lead to tighter monetary policy, slower growth and deeper ...
LONDON, June 19 (Reuters) - While oil-importing countries won't fully escape a hit in the event of another energy price shock on Middle East tensions, a period of rare dollar weakness will soften the ...