Gas lines and quadrupling oil prices freaked out American consumers. But the oil crises also transformed global finance.
The Oil Shocks of the ’70s Changed the World. Will the Iran War Do the Same?
The New York Times – Business:
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Content Type: Service, Embargoes and Sanctions, Energy and Power, International Energy Agency, Oil (Petroleum) and Gasoline, Organization of the Petroleum Exporting Countries, Persian Gulf, Personal Finances, Prasad, Eswar S, Shortages, United States Economy, US and Israeli Attack on Iran (2026), Volcker, Paul A, Yergin, Daniel