The 1973 Arab oil embargo was one of the defining moments of modern history. To many, it foretold a new age of limited growth and American retreat. In truth, it demonstrated the ability of free ...

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 ...

Watch as we revisit the economic panic, the impact on car sales, and the legacy of the 1973 oil crisis. Factory Wonders. From Gas Shortages to Fistfights: The 1973 Oil Embargo and Its Gas Guzzlers.

‘Everybody looks back at the oil crisis of 1973, but this is so different’: Experts don’t see disaster ahead—with a big if attached. Will Daniel. October 10, 2023 at 3:55 PM.

Fifty years ago this fall, Arab members of OPEC cut off their oil exports to the United States in retaliation for the U.S.’s support of Israel in the 1973 Mideast war.. The impact in the United ...

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 ...

Ahmed Zaki Yamani, the long-serving Saudi oil minister who masterminded an OPEC embargo that plunged western economies into recession in 1973, has died at the age of 90, Saudi state TV reported on ...

Highlights of news reported in 1998, 1973, 1948 and 1923. 3 months/99¢ a month SUBSCRIBE NOW Show Search. Clear Search Query Submit Search. Read Today's Paper Saturday, June 8. 🗳️2024 Elections.

The world faces the highest geopolitical risks since the 1973 oil embargo, the chief executive of one of the largest oilfield service providers, Baker Hughes, told the Financial Times. “From a ...

How today’s stock market compares to the one during the Arab oil embargo of 1973 The current stock market is even more overvalued. Published: June 24, 2025 at 12:43 p.m. ET. Share.

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 ...

How today's stock market compares to the one during the Arab oil embargo of 1973 Provided by Dow Jones Jun 24, 2025, 4:43:00 PM. By Mark Hulbert . The current stock market is even more overvalued .