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Compare the stock market’s valuation today with where it stood in October 1973, when that year’s Arab oil embargo was instituted.
In 1973, the world experienced a major turning point in automotive history. The Organization of Petroleum Exporting Countries (OPEC) decided to tighten the flow of oil to the United States ...
The EPA has told staff overseeing the country’s industrialized Midwest, a region plagued by a legacy of pollution, to stop enforcing violations against the fossil fuel companies.
Oil companies have turned this around, arguing that climate lawsuits against them should be thrown out because they infringe on the companies’ protections under the First Amendment.
They rose more than 4 percent as traders wondered if the United States would take a more active role in the conflict between Israel and Iran.
Oil prices jumped in early Asian trade on Monday after Israel and Iran launched fresh attacks on Sunday, heightening fears that escalating battle could trigger a broader regional conflict and widel… ...
New York City Mayor Eric Adams blasted Zohran Mamdani as a “snake oil salesman” after the millennial socialist's shocking victory over Andrew Cuomo.
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.
The stiffer restrictions come as the Trump administration is trying to convince Russia to accept terms of a proposed 30-day ceasefire.
Yet within months it won outsized influence in global energy markets — said to be steered by a businessman whom traders describe as one of the most powerful kingpins distributing Iranian oil ...
Compare the stock market’s valuation today with where it stood in October 1973, when that year’s Arab oil embargo was instituted. As you can see from the accompanying chart, today’s equity ...
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