When an oil embargo rocked the US, the president's radical solution was to make citizens start their working days an hour ...
Fifty years ago this week, in response to American support for Israel in the Yom Kippur War, a group of Arab nations cut oil production and embargoed oil exports to the United States. These decisions ...
Fifty years ago, a secret deal among Arab governments triggered one of the most traumatic economic crises to afflict the United States and other big oil importers. Saudi King Faisal and other Arab ...
Oct. 17 (UPI) --On this date in history: In 1931, gangster Al Capone was convicted of income tax evasion. It took jurors four days to decide whether the mobster had cheated the Internal Revenue ...
Iran has urged OPEC members to halt oil exports to countries supporting Israel, echoing the 1973 oil embargo, which dramatically increased oil prices and altered global economies. The call for an ...
A top Iranian official urged Islamic countries to halt oil shipments to Israel, briefly causing a jump in crude prices. By Stanley Reed The prospect of an oil embargo arising from the conflict between ...
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