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Why Does Oil Matter So Much to the Global Economy?

The New York Times – Business:

The war in the Middle East has sent oil and gas prices soaring. Our energy reporter Rebecca F. Elliott breaks down how much the world continues to depend on reliable sources of oil.

Rebecca F. Elliott, Sutton Raphael, Joey Sendaydiego, James Surdam and Nikolay Nikolov
Author: Rebecca F. Elliott, Sutton Raphael, Joey Sendaydiego, James Surdam and Nikolay Nikolov

This post first appeared in The New York Times – Business. Read the original article.

Written by

Rebecca F. Elliott, Sutton Raphael, Joey Sendaydiego, James Surdam and Nikolay Nikolov

in

International Trade and World Market, Middle East, Oil (Petroleum) and Gasoline
←Oil prices jump as Iran war causes the ‘largest supply disruption’ in history
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