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With 20% of global LNG flowing through the Strait of Hormuz, even threats of disruption have raised EU gas prices by 20%.
Germany has lowered its target for gas storage levels set by the government to avoid an energy crisis as supply bottlenecks eased, although some analysts warned that a colder than expected winter ...
JPM analysts stated that, since 1967, except for the Yom Kippur War in 1973, none of the 11 major military conflicts involving Israel have had a lasting impact on oil prices.
USA TODAY interviewed experts about what is happening in the world, and how it should be described. Here’s what they said.
Like Israel's experiences during the Yom Kippur War, the importance of the suppression and destruction of enemy air defenses mission isn't only seen in victories, but also failures as well.
Uncertainty looms in the Middle East as Iran and Israel trade blows on the world stage. That uncertainty has trickled down to consumers worried about how expensive a trip to the gas pump may get ...
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Germany scales back gas warning triggered by Ukraine war - MSNGerman Economy Minister Katharina Reiche on Tuesday announced that the country's gas supply security plan has been downgraded from the second, "alert" stage to the first. The alert stage was ...
State Superintendent Ryan Walters releases a memo to Oklahoma school districts, focusing on how to address the conflict in the Middle East in the classroom.
Iran has threatened to close the Strait of Hormuz, a passage for roughly 20% of the world’s petroleum. Many view the scenario as a scorched-earth tactic and distant possibility.
With Iran weakened by Israel and U.S. attacks, it gives greater influence to the Gulf states ...
In retrospect, the Yom Kippur War turned out to be a spasm rather than a reversal of the Six-Day War, with Anwar Sadat’s visit to Jerusalem and the Camp David Accords bringing a more formal end ...
Time for a ceasefire.“ The U.S. has done this in the Middle East before, like after the Yom Kippur War in 1973 between Israel and a coalition of Arab countries led by Egypt and Syria.
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