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Published on Mar 28, 2026

History shows oil shocks are followed by recessions – will it be any different this time?

The first oil crisis of my lifetime was in the mid-1970s and it revolves around a hazy memory of the Rumble in the Jungle. Fought in Kinshasa (then in Zaire, now the Democratic Republic of Congo), the fight saw the older Muhammad Ali tactically ensnare …

Source: The Irish Times - Center-left
Published on Mar 26, 2026

Michael Hudson, Richard D. Wolff – Multipolar Oil Markets Are Now a Reality

Is the Iran war the starting gun on a multipolar world? Cross-posted from Michael Hudson’s blog NIMA ALKHORSHID: Hi, everybody. Today is Thursday, March 19, 2026, and our dear friends, Richard Wolf and Michael Hudson, are here with us. Welcome back. …

Source: Brave New Europe - Left-wing
Published on Mar 26, 2026

What we should learn from how the 1970s oil crisis played out

Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our …

Source: The Independent (U.S.) - Center-left
Published on Mar 25, 2026

This is how the 1970s oil shock played out. There are lessons for the economy today

On October 6 1973, the Yom Kippur War – mainly involving Egypt, Syria and Israel –triggered one of the biggest energy crises of the 20th century. Eleven days later, several Arab members of the Organization of the Petroleum Exporting Countries (OPEC) …

Source: The Conversation - Neutral
Published on Mar 28, 2026

Historically Speaking | Why Iran stands alone in the Middle East

Published 2:26 pm Saturday, March 28, 2026 As the United States’ aerial war with Iran enters its third week, it’s worth examining the geopolitics of the region, how it has evolved over time, and even the differences with the Persian Gulf War in the 1990s. …

Source: The Henderson News - Texas - Pending
Published on Mar 24, 2026

Between 1973 and 2026, the oil weapon still effectively strikes

When Arab oil ministers gathered in October 1973 and announced an embargo against nations supporting Israel, they unleashed a shock wave that reshaped the global order. Oil prices quadrupled. Western economies teetered on the brink of collapse. Within …

Source: Daily Sabah - Gov't Propaganda
Published on Mar 24, 2026

Which Countries Depend the Most on Persian Gulf Oil and Gas

The war in the Middle East has halted most of the oil and gas trade from the region, forcing countries thousands of miles to contend with their energy supplies suddenly vanishing. The Persian Gulf accounts for roughly a fifth of the world’s energy needs. …

Source: The New York Times - Neutral
Published on Mar 28, 2026

Crude always oiled change for India

Hyderabad: In the last nearly 70 years, India has weathered many financial crises. It came close to ignominious bankruptcy. But every crisis was eerily bound by a common but surprising thread — imported essential goods. Initially, it was foodgrains till …

Source: Deccan Chronicle - Indeterminate
Published on Mar 22, 2026

Despite gas reserves Israel remains dependent on oil

The Strait of Hormuz crisis is exposing an unpleasant truth: the global economy is still very dependent on oil, while Israel is even more dependent on oil than the OECD average, even though it does not have diplomatic relations with most of the oil …

Source: Globes - Pending
Published on Mar 21, 2026

Do you remember how much gas cost the year you turned 16?

A car sits in front of a Shell gas station in 1958. - The cost of gasoline the year you started driving Gas prices in the U.S. have fluctuated significantly in recent years, shooting up to a record-setting national average of $5.02 per gallon in June 2022 …

Source: AOL - Pending
Published on Mar 21, 2026

‘Eerie parallel’: Archived stamps reveal Canada was prepared to ration gas in the 1979 oil crisis

Turmoil in Iran, a major disruption in world oil markets, and stratospheric gasoline prices in Canada and beyond. What's racking motorists and governments in 2026 also faced them in 1979, sparked by the Iranian Revolution. Back then, the shock to the …

Source: CBC/Radio-Canada - Public Broadcaster
Published on Mar 28, 2026

Alliance Rift and De-dollarization as Derivatives of the U.S.-Israel vs Iran War

The U.S.-Israel war with Iran is exposing widening reluctance among American allies to support the conflict, signaling potential erosion in U.S. global influence. At the same time, moves to bypass the U.S. dollar in oil trade, amid growing Chinese …

Source: China-US Focus - Pro-Government
Published on Mar 20, 2026

When Kuwait's 750 oil wells burnt for 9 months, black rain poured on Himalayas

"It was quite amazing... Driving back, I stopped and took a picture of a road sign that was pitch black. It was in the middle of a sunny day, but these oil fires were just so intense it made it look like night. Of course, unlike night where headlights …

Source: India Today - Neutral
Published on Mar 20, 2026

Bombing Iran: Crude Oil Gulf Extraction and Gulf South Petro-Devastation

"Anyone thinking seriously about globalization, particularly those hoping to organize political resistance to it, cannot afford to elide the question of black liberation without missing something essential about its unfolding." Jared Sexton, …

Source: Scalawag Magazine - Pending
Published on Mar 19, 2026

Oil price shocks: Brief history of geopolitical moments

1973: The first oil shock – Arab-Israeli War and OPEC embargo The modern era of oil shocks began amid the Yom Kippur War in October 1973, when Egypt and Syria attacked Israel. In retaliation against Western support for Israel, Arab members of the …

Source: Gulf News - Gov't Propaganda
Published on Mar 27, 2026

Alastair Crooke: Iran’s audacious strategic moves – declared ‘missile dominance over the Occupied Territories’; a ...

Should Iran be able to maintain its choke-hold on the Hormuz, the geo-politics of Asia would be recast in a new strategic reality Alastair Crooke is a former British diplomat, founder and director of the Beirut-based Conflicts Forum Cross-posted from the …

Source: Brave New Europe - Left-wing
Published on Mar 18, 2026

Türkiye Becomes Key Route for Iraqi Oil Amid Hormuz Crisis

Iraq is planning to restart a previously dormant pipeline, enabling it to resume oil exports to global markets through Türkiye, in order to mitigate the export disruptions caused by the Iran conflict. Iraqi oil minister Hayyan Abdul Ghani committed, in …

Source: Caspian Post - Indeterminate
Published on Mar 18, 2026

Oil, war, and the world economy

When war breaks out in the Middle East, its impact does not stop at the battlefields; its shockwaves are felt across the world in no time, especially in oil markets, financial systems, and national economies. The renewed conflict between the United States …

Source: The Financial Express Bangladesh - Pro-Government
Published on Mar 17, 2026

War fuels fears of new oil crisis

Attacks on oil infrastructure in the Gulf region and soaring oil prices are raising the spectre of a new oil crisis, although economists say we’re not quite there just yet. - What is an oil crisis? - An oil shock is generally understood to mean a supply …

Source: Corydon Times Republican - Iowa - Neutral

01 days 13:26:46

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Published on March 24, 2026 - 11:55 GMT

Quantx-group.com Unveils "PetroStream AI" – A Revolutionary Analytical Framework for the Global Oil Sector

LONDON, March 24, 2026 (GLOBE NEWSWIRE) -- Quantx-group.com, a leading UK-based provider of industrial data intelligence and advanced macro-analytical solutions, is proud to announce the official launch of its state-of-the-art oil market analysis tool, …

Distribution channels: Banking, Finance & Investment Industry, Media, Advertising & PR ...
Published on March 24, 2026 - 11:28 GMT

Llyodstern Unveils Advanced "Petro-Insight" Analytical Suite to Navigate Global Oil Market Volatility

PERTH, Australia, March 24, 2026 (GLOBE NEWSWIRE) -- Llyodstern, a premier Australian-based provider of industrial data solutions and strategic market intelligence, is proud to announce the official launch of its highly anticipated oil market analytical …

Distribution channels: Banking, Finance & Investment Industry, Media, Advertising & PR ...

Published on March 12, 2026 - 21:52 GMT

Global Oil Demand Set to Rise Significantly by 2027

(MENAFN) Global oil consumption is anticipated to expand by roughly 1.3 million barrels per day (bpd) in 2027, according to the Organization of the Petroleum Exporting Countries (OPEC), which made the announcement on Wednesday. The OECD region is projected …

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Published on March 2, 2026 - 03:51 GMT

Strikes Near Strait of Hormuz Push Oil Prices Higher

(MENAFN) Global oil markets have experienced a sharp rise after reports that at least three vessels were targeted near the Strait of Hormuz, amid continued Iranian strikes across the Middle East in response to US and Israeli actions, according to reports. …

Distribution channels: ...

Published on March 2, 2026 - 03:51 GMT

OPEC+ Moves to Increase April Output

(MENAFN) OPEC+ has moved to increase oil production by 206,000 barrels per day (bpd) in April, a decision reached Sunday during a virtual gathering of the alliance's key member nations amid heightened geopolitical tensions across the Middle East. The …

Distribution channels: ...
Published on March 1, 2026 - 07:04 GMT

Oil Prices Surge to Six-Month High Amid Geopolitical Uncertainty

(MENAFN) Oil prices surged to their highest levels in six months on Friday, with escalating U.S.-Iran tensions and tightening global supply driving one of the energy market's most significant rallies in recent memory. Global benchmark Brent crude …

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Published on March 1, 2026 - 07:02 GMT

Oil Prices Reach Six-Month High Amid Geopolitical, Supply Concerns

(MENAFN) Oil prices reached their highest level in six months on Friday as market concerns over supply and geopolitical uncertainty intensified. Global benchmark Brent crude futures climbed to around $72.8 per barrel as of 2000GMT, breaking above the …

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Published on March 19, 2026 - 10:00 GMT

Calfrac Reports Fourth Quarter 2025 Results

CALGARY, Alberta, March 19, 2026 (GLOBE NEWSWIRE) -- Calfrac Well Services Ltd. (“Calfrac” or “the Company”) (TSX: CFW) announces its financial and operating results for the three months and year ended December 31, 2025. The following press release should …

Distribution channels: Business & Economy ...

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Published on March 28, 2026 - 15:26 GMT

What Makes a Professional Household stacked energy storage factory from China? A Look at Intellvation

XUZHOU, JIANGSU, CHINA, March 28, 2026 /⁨EINPresswire.com⁩/ -- What Makes a Professional Household stacked energy storage factory from China? A Look at Intellvation The global energy landscape is currently undergoing a profound transformation, …

Distribution channels: Agriculture, Farming & Forestry Industry, Building & Construction Industry ...
Published on March 27, 2026 - 20:48 GMT

Planet TV Studios Announces Latest New Frontiers Broadcast Featuring Nupi Americas Airing March 28th, 2026 on Bloomberg ...

The latest New Frontiers Series will air Saturday March 28th, 2026 on Bloomberg Television: Planet TV Studios proudly serves as the exclusive sponsor of the New Frontiers series. HOUSTON, TX, UNITED STATES, March 27, 2026 /⁨EINPresswire.com⁩/ -- …

Distribution channels: Building & Construction Industry, Companies ...
Published on March 27, 2026 - 20:31 GMT

Planet TV Studios Announces Upcoming New Frontiers Episode Featuring Avtron Power Solutions - March 28th 2026. The ...

The latest New Frontiers Series will air Saturday March 28th, 2026 on Bloomberg Television: Planet TV Studios proudly serves as the exclusive sponsor of the New Frontiers series. CLEVELAND, OH, UNITED STATES, March 27, 2026 /⁨EINPresswire.com⁩/ -- …

Distribution channels: Building & Construction Industry, Companies ...
Published on March 27, 2026 - 17:13 GMT

Charge Rigs, LLC Launches Bid Responder, an AI-Powered Platform to Help Vendors Win More RFPs

New SaaS platform uses AI to generate context-aware RFP responses with confidence scoring, cutting proposal turnaround time by up to 80 percent ORLANDO, FL, UNITED STATES, March 27, 2026 /⁨EINPresswire.com⁩/ -- BidResponder.com, a new AI-powered proposal …

Distribution channels: Automotive Industry, Business & Economy ...
Published on March 27, 2026 - 16:40 GMT

New Pole Star Global Data Reveals 301 Russian Shadow Fleet Vessel Events in UK Waters in 2026

Pole Star Global released data showing 301 Russian shadow fleet vessel events in UK waters in first three months of 2026, with activity increasing each month. LONDON, LONDON, UNITED KINGDOM, March 27, 2026 /⁨EINPresswire.com⁩/ -- Release coincides …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on March 27, 2026 - 13:51 GMT

Mobisoft Infotech Enables Enterprises to Build and Own Digital Freight Platforms

Build and own a digital freight marketplace with full compliance, branding, and deployment flexibility. HOUSTON, TX, UNITED STATES, March 27, 2026 /⁨EINPresswire.com⁩/ -- As global supply chains become more dynamic and logistics networks expand …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on March 27, 2026 - 13:14 GMT

Mozambique Takes Centre Stage as Global Energy & Critical Minerals Markets Shift – MMEC 2026 Confirms Key Speakers

The 12th Mozambique Mining and Energy Conference & Exhibition (MMEC 2026), taking place on 06–07 May 2026 in Maputo MAPUTO, MOZAMBIQUE, March 27, 2026 /⁨EINPresswire.com⁩/ -- The 12th Mozambique Mining and Energy Conference & Exhibition ( …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 27, 2026 - 10:00 GMT

Rising Construction Activity Creating Short-Term Housing Gaps in Secondary Markets

Developers and contractors face growing challenges accommodating workforce needs in emerging project locations NEW ORLEANS, LA, UNITED STATES, March 27, 2026 /⁨EINPresswire.com⁩/ -- FOR IMMEDIATE RELEASE Rising Construction Activity Creating …

Distribution channels: Building & Construction Industry, Chemical Industry ...
Published on March 27, 2026 - 09:59 GMT

Battery Management System Market Set to Boom Rapidly by 2033 | The Ventec Company, Cummins, Inc

Battery management system market is estimated to be valued at USD 13.4 Bn in 2025 and is expected to reach USD 52.38 Bn in 2032 BURLINGAME, CA, UNITED STATES, March 27, 2026 /⁨EINPresswire.com⁩/ -- The Global Business Landscape is being reshaped …

Distribution channels: Aviation & Aerospace Industry, Consumer Goods ...
Published on March 27, 2026 - 09:30 GMT

Agrolidya Launches $100M Poultry Investment Project in Turkey

$100M poultry project in Manisa with 25M annual capacity, solar energy integration, and ~20% ROI targeting global investors. MANISA, TURKEY, March 27, 2026 /⁨EINPresswire.com⁩/ -- Agrolidya Tarım A.Ş., a leading agricultural investment company, has …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on March 27, 2026 - 07:19 GMT

Minister Ernesto Kesar Joins CEW 2026 as Trinidad and Tobago Accelerates Upstream Momentum

The participation of Minister Ernesto Kesar at CEW comes as the country advances new upstream projects, gas developments and regional energy cooperation. PARAMARIBO, SURINAME, March 27, 2026 /⁨EINPresswire.com⁩/ -- Ernesto Kesar, Minister in the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 27, 2026 - 07:00 GMT

Kuvings Nederland lanceert paasactie met 25% korting op het volledige assortiment

NETHERLANDS, March 27, 2026 /⁨EINPresswire.com⁩/ -- Wereldwijd premium keukenapparatenmerk Kuvings kondigt zijn grootste promotie van de eerste helft van het jaar in Nederland aan, ter gelegenheid van Pasen. Tijdens deze tijdelijke actie ontvangen klanten …

Distribution channels: Companies, Electronics Industry ...
Published on March 27, 2026 - 06:46 GMT

Minetek doubles down on mine water leadership with global Water in Mining partnership

Water in Mining Global Summit 2026 partnership underscores Minetek’s long-term commitment to water stewardship, ESG performance, and operational resilience. SYDNEY, NEW SOUTH WALES, AUSTRALIA, March 27, 2026 /⁨EINPresswire.com⁩/ -- Minetek, the …

Distribution channels: Energy Industry, Environment ...
Published on March 27, 2026 - 06:29 GMT

Beyond the Equinox: Festive Lights Unveils High-Efficiency Solar Range Designed for the British Spring Transition

Festive Lights Announces Engineering Shift Toward High-Efficiency Monocrystalline Solar Technology for Spring Seasonal Transition CHORLEY, LANCASHIRE, UNITED KINGDOM, March 27, 2026 /⁨EINPresswire.com⁩/ -- Festive Lights, a British provider of …

Distribution channels: Consumer Goods, Culture, Society & Lifestyle ...
Published on March 27, 2026 - 05:56 GMT

FlyOnE Secures Additional Strategic Investment as Series A Round Accelerates Toward IPO

The company’s strategy focuses on electrified and low-emissions aviation supported by distributed domestically produced energy AUSTRALIA, March 27, 2026 /⁨EINPresswire.com⁩/ -- FlyOnE Ltd, Australia’s leading commercial electric aviation operator and …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on March 26, 2026 - 20:53 GMT

Alibiu Holdings LLC Releases Analysis on U.S.–Nigeria Economic Alignment as an Undervalued Strategic Opportunity

HOUSTON, TX, UNITED STATES, March 26, 2026 /⁨EINPresswire.com⁩/ -- Alibiu Holdings LLC has released a new commentary examining the long-term economic significance of deeper alignment between the United States and Nigeria, arguing that the relationship …

Distribution channels: Business & Economy, Energy Industry ...
Published on March 26, 2026 - 19:09 GMT

EPC Group Pioneers Multi-Model AI Architecture for Power BI, Solving What Was Called an Unsolvable Problem

EPC Group’s six-layer AI architecture—fresh off perfect G2 Spring 2026 scores in Business Intelligence Consulting—turns your data into AI-ready intelligence. HOUSTON, TX, UNITED STATES, March 26, 2026 /⁨EINPresswire.com⁩/ -- EPC Group, the AI and business …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on March 26, 2026 - 18:57 GMT

Iran Conflict Increases the Risk of Recession

The Sullivan Report Assigns a 40% Chance of Recession this Year. GLENVIEW, IL, UNITED STATES, March 26, 2026 /⁨EINPresswire.com⁩/ -- “The U.S. economic and construction outlook has been materially downgraded as the Iran conflict presents the …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on March 26, 2026 - 18:29 GMT

Spotter Global's GAX500-3D Radar Wins Prestigious SIA Award, Delivering Unprecedented Security against Drone Swarms

Immediate, Reliable, and High-Accuracy Drone Swarm Defense is Now a Reality OREM, UT, UNITED STATES, March 26, 2026 /⁨EINPresswire.com⁩/ -- Spotter Global is proud to announce its receipt of the SIA 2026 New Product Award in the crucial category …

Distribution channels: Aviation & Aerospace Industry, Emergency Services ...
Published on March 26, 2026 - 17:54 GMT

Rugged Controls Announces Launch of RL45 Running Line Tensiometer

New Running Line Tensiometer expands upon Rugged Controls' solutions for high-capacity smart deck machinery line monitoring. SEATTLE, WA, UNITED STATES, March 26, 2026 /⁨EINPresswire.com⁩/ -- Rugged Controls, an industry leader in smart …

Distribution channels: Building & Construction Industry, Energy Industry ...