🌍 Rise of Energy Independence Policies and the Formation of the IEA: Redrawing the Energy Map The 1973 oil shock was more than a supply crisis—it was a geopolitical earthquake. As oil prices quadrupled and gasoline shortages crippled daily life,…
💥 The 4x Oil Price Spike That Shook the World In the final months of 1973, the global economy was blindsided by a shock that no economist had predicted, but no one could ignore. Following the Arab oil embargo, the…
🌒 The Yom Kippur War and the Arab Oil Embargo: A Global Tipping Point In October 1973, the world witnessed a stunning double shock—the eruption of the Yom Kippur War on the battlefields of the Middle East, and the unleashing…
