The closure of the Strait of Hormuz during the U.S. war with Iran has sent energy prices way up. Something similar happened ...
Add Yahoo as a preferred source to see more of our stories on Google. Then-President Richard Nixon addressed the nation from the Oval Office during the 1973 energy crisis. Fueled by the Yom Kippur War ...
In 1973, a sudden oil embargo exposed how vulnerable modern civilization had become to energy disruption. The crisis reshaped ...
The current crisis differs considerably from the 1973 oil shock, not least because most countries have emergency stocks - Copyright AFP/File Alain JOCARD The current ...
You have to take comfort where you can find it in these crisis-hit times. So while I accept it’s delusional, I felt a brief warm glow of nostalgia this week at the comparisons being made between the ...