Oil is still “baking in the mother of all supply shocks” since the 1973 oil embargo, says one energy-market investor.
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 ...
Fearnley Securities says longer route to Asia will offset some of the volume downside from Middle East Gulf disruption ...
During the October 1973 Yom Kippur War, Arab OPEC members, led by Saudi Arabia, implemented an oil embargo against the US and ...
India is not alone in encountering this dynamic, but its high oil import dependence and increasing energy demand render its exposure particularly significant.
By closing the Strait of Hormuz and attacking oil and gas facilities in Gulf countries, Tehran is driving up hydrocarbon ...
War with Iran means the world is in for a roller coaster of energy prices, but there is almost nothing unanticipated at play.
The SPR currently holds about 415 million barrels of oil, enough to cover roughly 20 days of US consumption, far below its 714 million-barrel capacity.
In a new wave of attacks, Israel said it was launching more strikes across Tehran as well as against what it described as Hezbollah infrastructure in Beirut. Follow live updates.
The institutional machinery driving the Beijing summit is already too far advanced to reverse, and the Iran crisis has made holding it more urgent, not less.
Silver surpassed $94, and gold could reach $5,500 if the conflict escalates. Here’s what precious metals investors need to know now. Gold surpassed $5,340 an ounce Sunday evening as markets absorbed ...
The United States and Israel attacked Iran, raising the possibility of a closure of the Strait of Hormuz, a critical oil ...
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