Fifty years after the 1973 oil crisis, the EU is at risk of another one
Today, 6 October 2023, 50 years ago, the Yom Kippur War began between Israel and the Arab countries. It lasted only a few days, but it was used as a pretext to revolutionise the oil market, as Arab countries decided to punish Western countries that supported Israel. The first oil crisis had far-reaching consequences. We … Continue reading Fifty years after the 1973 oil crisis, the EU is at risk of another one
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