As with the oil crisis in the '70s, international cooperation is needed now to ensure secure mineral supplies.
After Israel attacked senior Hamas leadership in Qatar on Tuesday, oil prices climbed — but not as much as some traders might have expected from a significant flare-up in Middle East violence.
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 ...