The 1973 oil embargo removed 4.5 million barrels per day from global supply. Today, that figure stands at 20 million. The United States-Israeli war on Iran has caused the biggest oil disruption in history, according to the International Energy Agency (IEA). The agency was founded in 1974 as a direct response to the 1973 oil embargo, which saw Arab nations, led by Sa... [12431 chars]
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