According to the US Energy Information Administration, approximately 20 million barrels of oil and petroleum liquids pass ...

From the Arab oil embargo of the 1970s to Russia's invasion of Ukraine, and now the US, Israel-Iran war, crude prices have reacted sharply to each conflict.

The global oil system has effectively concentrated a fifth of its supply through a single narrow shipping lane with limited ...

Iran’s warnings that oil flows to US and Israeli allies could be disrupted as long as the conflict continues appear designed to push energy prices higher. Oil prices eased after US-Israeli strikes but ...

London (AFP) – Ten days after the first American and Israeli strikes against Iran, oil prices have cooled slightly after soaring above $100 a barrel. Even if they risk rocketing once more because of ...

It’s still early in the current war in the Middle East, but the impact on oil markets may feel like déjà vu for those who remember the oil embargo of the 1970s.

The ongoing conflict in the Middle East is unlikely to trigger a global economic collapse on the scale of the 2008 financial crisis, Nobel Prize-winni.

More than half a century after the Arab-Israeli war of 1973 convulsed the global energy system, the US-Israel war on Iran has ...

What differentiates the current situation is the stacking of multiple supply disturbances including interruptions along ...

From the coal crisis under Ted Heath to Tony Blair’s fuel blockades, the UK economy is no stranger to an energy shock. However, as Sean O’Grady explains, things might be different this time ...

Nobel laureate Philippe Aghion warns the Middle East war could slow global growth and trigger oil price shocks, but a 2008-style economic collapse is unlikely. Read his insights on inflation, oil, and ...

Iran conflict in 2026 mirrors the 1973 oil embargo, the Strait of Hormuz has become the new geopolitical fulcrum. While the US relies on shale and strategic reserves, net energy importers like India ...